Optimization of the Actuarial Model of Defined Contribution Pension Plan

Table 5

Replacement ratio for original defined contribution pension plan.

ID	Gender	Present; age	Entry; age	Present salary; per month	Original replacement; ratio
1	F	54	46	29,190.00	0.79%
2	M	47	45	39,591.00	8.02%
3	M	46	32	65,100.00	8.57%
4	M	44	32	29,190.00	10.39%
5	F	42	34	26,625.00	6.87%
6	F	46	38	23,000.00	4.56%
7	M	40	31	39,591.00	12.91%
8	F	36	26	15,954.00	10.52%
9	M	40	28	27,800.00	12.91%
10	F	50	36	5,023.00	2.68%
11	M	44	37	27,957.00	10.39%
12	F	50	32	4,556.00	2.68%
13	F	37	30	27,957.00	9.98%
14	M	49	39	26,625.00	6.89%
15	F	47	30	16,751.00	4.13%
Average					7.49%

Resource: model calculation results.