https://github.com/mhliu0419/PensionBenefit_Calculator

This project uses data sets of retirees, tvs and active employees to calculate their pension benefit.
https://github.com/mhliu0419/PensionBenefit_Calculator

actuarial-science annuity excel pension vba vba-functions

Last synced: about 2 months ago
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This project uses data sets of retirees, tvs and active employees to calculate their pension benefit.

• Host: GitHub
• URL: https://github.com/mhliu0419/PensionBenefit_Calculator
• Owner: mhliu0419
• Created: 2019-10-29T23:43:16.000Z (about 5 years ago)
• Default Branch: master
• Last Pushed: 2020-07-30T07:24:46.000Z (over 4 years ago)
• Last Synced: 2024-08-13T07:11:15.540Z (5 months ago)
• Topics: actuarial-science, annuity, excel, pension, vba, vba-functions
• Language: R
• Homepage:
• Size: 1.7 MB
• Stars: 5
• Watchers: 1
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

Awesome Lists containing this project

• jimsghstars - mhliu0419/PensionBenefit_Calculator - This project uses data sets of retirees, tvs and active employees to calculate their pension benefit. (R)

README

        
# PensionBenefit_Calculator

This project is to calculate the pension benefit of retirees, TVs, and active employees, with their data sets about age, annnual pay, service year, 2014 static mortality table, 2018 mortality improvement rate, and so on.

I develop generational mortality table, from 2014 static mortality table and 2018 mortality improvement rate, by generational approac. 

I use 2 actuarial methods, PUC(Projected Unit Credit) and TUC(Traditional Unit Credit), to develop financial accounting and funding requirements.

Based on that, I design a function to calculate their present value of pension benefit. As long as I have all required information/data about the employee, I can calculate his/her PVB(Present Value of Pension Benefit) in a second, which achieves automation.