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A proposal and analysis of finance evaluation indicators for actuarial review of the national pension
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 Title & Authors
A proposal and analysis of finance evaluation indicators for actuarial review of the national pension
Lee, Hangsuck; Shin, Seunghee;
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 Abstract
This study suggests both modification reserve ratio and cover rate for expenditure as new finance evaluation indicators. Firstly, modification reserve ratio is an evaluation indicator which shows how long can the accumulated reserves at the beginning of the year afford future benefit expenditure. Modification reserve ratio has an advantage both to present what the scale of annual accumulated reserves means and to know the exhaustion speed of accumulated fund through analyzing the trend of modification fund ratio. Secondly, this research classifies resources for expenditures as premium income and reserves, thereafter, presents cover rate for expenditure as finance evaluation indicator. We can know how premium income and reserves can cover future expenditure during the evaluation period, and how deficient are resources through these indices. The researcher anticipates this research to contribute to policy researches for financial stabilization of the national pension scheme.
 Keywords
Finance evaluation indicator;national pension;reserve ratio;
 Language
Korean
 Cited by
 References
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