Research Article

Optimization of the Actuarial Model of Defined Contribution Pension Plan

Table 7

Replacement ratio for hybrid pension plan.

IDGenderPresent
age
Entry
age
Present salary
per month
Replacement
ratio

1F544629,190.0024.92%
2M474539,591.009.47%
3M463265,100.008.57%
4M443229,190.0012.56%
5F423426,625.0014.09%
6F463823,000.0017.40%
7M403139,591.0012.91%
8F362615,954.0019.84%
9M402827,800.0012.91%
10F50365,023.0098.89%
11M443727,957.0013.11%
12F50324,556.00109.03%
13F373027,957.0011.89%
14M493926,625.0015.83%
15F473016,751.0025.80%

Average27.15%

Resource: model calculation results.