Pendanaan Program Pensiun Manfaat Pasti dengan Metode Spreading Gains and Losses dan Modified Spreading Gains and Losse

Abstract

Defined benefit pension plan is a pension plan that the benefit is decided at the beginning, while the amount of contributions fluctuate and depend on actuarial calculations. This report aims to explain the funding of defined benefit pension plan using spreading gains and losses method and modified spreading gains and losses method. The distinction between the interest rate of return on investment assumption with the actual rate of return in the spreading gains and losses method would affect the funding of defined benefit pension plans in the long term. In contrast, the distinction in modified spreading gains and losses method will not affect the long-term funding. Illustrations on this report are given using three cases, when the interest rate of return on investment assumption is less than the actual rate of return, when the assumed interest rate is the same as that of the actual situation, and when the assumed interest rate is greater than that of the actual situation. When the underfunding occurs, the contribution to be paid by participants of the defined benefit pansion plans will be greater than that of during the overfunding.