Pension and Widows' and Orphans' Funds

This book, first published in 1953, gives an overview of the actuarial and legal background to pensions and funds for orphans and widows.

R. J. W. Crabbe (Author), C. A. Poyser (Author)

9781107621749, Cambridge University Press

Paperback / softback, published 22 August 2013

250 pages
21.6 x 14 x 1.4 cm, 0.32 kg

Originally published in 1953 as a textbook for actuaries-in-training, this book gives an overview of the actuarial and legal background to pensions and funds for orphans and widows. Crabbe and Poyser also supply a concordance between the Income Tax Act of 1952 and earlier legislation affecting pensions. This book will be of value to anyone interested in the development of pension provision.

Foreword
1. Introductory
2. Pension funds: types of pension benefit
3. Benefit arrangements: pension schemes
4. Benefit arrangements: widows' and orphans' schemes
5. Methods of finance
6. Actuarial structure of funds: general
7. Actuarial structure of funds: decremental rates
8. Actuarial structure of funds (continued)
9. The valuation of an existing fund: preparatory work
10. The valuation of an existing fund: the valuation report
12. The valuation of an existing fund: miscellaneous formulae
13. Salary scales
14. Valuation of widows' funds: reversionary method
15. Valuation of widows' funds: collective method
16. Valuation of orphans' benefits
17. Rate of interest: guarantee of solvency: income tax: investments
18. The inauguration of a fund
19. Analysis of surplus
20. Emerging costs
21. Superannuation of local government employees
Appendix 1. Income Tax Act, 1918, section 32
Finance Act, 1948, section 29
Finance Act, 1921, section 32
S. R. and O. 1921, no. 1699
Superannuation and other Trust Funds (Validation) Act, 1927
Appendix 2. Specimen clause limiting duration of a trust
Appendix 3. Income Tax Act, 1952: comparative table of reference to certain sections of earlier acts
Index.

Subject Areas: Finance [KFF]