Narith

Hello, By employee's contribution I mean employees contributing to the plan. i.e. if my salary is 40,000 per annum and I contribute 2%, then my contribution to the plan is 800. Thank you a lot!

Hello, I am a student actuary, that's why I am interested on this method. But first i want to understand how these plans work. Thank you very much for the link and all the information. I'll have a look at it!

Hello, Thank you for your response. I am not sure what a cash balance plan is. I want to understand how I would calculate the present value of the DBO by using the Projected Unit Credit method but I miss what this guaranteed exactly means. Thank you a lot

Hello, I am sorry if this is a basic question. I'd like to ask what do we mean when we say that the employer has to guarantee a return of 3.75% on employee contributions? For example, assume that someone, aged 65, has just started in a company and this year's employee contribution is 10,000. Then what's the amount of the lump sum that he will receive when he retires (assume at 67)? Thank you in advance for your help.