Publisher: (Society of Actuaries, Schaumburg, Illinois, USA)
Various asset valuation methods are used in the context of funding valuations. The motivation for such methods and their properties are briefly described. Some smoothed value or market-related methods based on arithmetic averaging and exponential smoothing are considere... View more
Actuarial Standards Board. (1993). Actuarial Standard of Practice No. 4: Measuring Pension Obligations. Pensions Committee of the Actuarial Standards Board, American Academy of Actuaries, Washington, D.C.
Aitken, W.H. (1994). A Problem-Solving Approach to Pension Funding and Valuation.