dc.contributor.author | Njenga, Joyce K | |
dc.date.accessioned | 2013-05-20T08:03:29Z | |
dc.date.available | 2013-05-20T08:03:29Z | |
dc.date.issued | 2005 | |
dc.identifier.citation | PGD- Actuarial Science | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/23850 | |
dc.description | Postgraduate diploma in Actuarial Science | en |
dc.description.abstract | The trustees and sponsors of defined benefit schemes rely heavily on
the advice of the scheme actuary to make important decisions
concerning funding of the scheme, the investment of its assets and
the use of surplus assets to improve benefits. These decisions have
to be made in the face of considerable uncertainty about financial and
demographic factors that will affect the future experience of the
scheme.
The traditional actuarial valuation combined with actuarial judgment
has played an important role in decision making in certain crucial
areas and in particular the financial risk management of defined
benefit schemes. This work attempts to highlight various actuarial
approaches towards decision-making and risk management in a
defined benefit pension scheme, Teachers Service Commission
superannuation Pension Scheme is used as a case study | en |
dc.description.sponsorship | University of Nairobi | en |
dc.language.iso | en | en |
dc.title | Actuarial approaches to risk management and decision making in a defined benefit pension scheme case study: teachers service commission | en |
dc.type | Thesis | en |
local.publisher | School of Mathematics, University of Nairobi | en |