✦ LIBER ✦
The “pension max” election: an investigation of the structural and economic differences between the 100 % contingent annuity pension benefit option and the straight life benefit option used in conjunction with pension max : 074083 (E40,B13) Shighley K.O., Transactions of the society of actuaries, Vol. XLVII, Preprint 1, 1995, pp. 79–102
- Publisher
- Elsevier Science
- Year
- 1996
- Tongue
- English
- Weight
- 117 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0167-6687
No coin nor oath required. For personal study only.
✦ Synopsis
full-tax deductibility, and provides consistent solutions to all arrangements involving captives, including variations in the ownership structure and in the types of r._ _ business written. The authors argue that the approach is both theoretically sound and intuitively appealing; that it is consistent with the U.S. government's established policy of favoring traditional insurers over alternative risk management techniques; and that it is fair and reasonable to all parties, reducing incentives for abuse, litigation, and distortions of economic activity.