Research Article

Optimization of the Actuarial Model of Defined Contribution Pension Plan

Table 8

Present value of compensation expenses.

IDGenderPresent
age
Entry
age
Cost for modified defined contribution planCost for hybrid
plan

1F5446342,531.00 1,409,256.00
2M474599,636.00 192,012.00
3M46321,569,581.00 0.00
4M4432571,364.00 215,232.00
5F4234312,432.00 746,028.00
6F4638269,894.00 1,074,372.00
7M4031536,557.00 0.00
8F3626246,680.00 683,952.00
9M4028544,157.00 0.00
10F5036121,106.00 1,416,276.00
11M4437279,672.00 258,828.00
12F5032157,799.00 1,419,936.00
13F3730279,672.00 233,820.00
14M4939411,674.00 704,244.00
15F4730532,804.00 1,222,500.00

Total cost6,275,559.00 9,576,456.00

Resource: model calculation results.