Research Article

Optimization of the Actuarial Model of Defined Contribution Pension Plan

Table 10

Forecast relationship (partial).

Interest rate ( )3%4%6%7%8%9%10%11%12%13%

Replacement ratio (RR)11.81%14.04%19.77%23.43%27.73%32.45%38.71%45.69%53.86%63.44%

Resource: model calculation results.