Actuarial evaluation of government of Punjab pension fund liabilities

Mestrado em Actuarial ScienceO Governo de Punjab (GoPb) organizou um plano de pensões de benefícios definidos para os seus funcionários permanentes. Além de atender aos pagamentos anuais dos benefícios de pensão, o GoPb contribui igualmente para um fundo de reserva designado Punjab Pension Fund (PPF). O Punjab Pension Fund foi estabelecido ao abrigo da lei designada Punjab Pension Fund Act 2007. A principal função do PPF é gerir os fundos disponibilizados pelo GoPb para atender às responsabilidades com pensões dos seus funcionários. Este trabalho tem por finalidade essencial fazer uma análise dos aspetos mais significativos do PPF, dada a importância que este fundo tem para o Governo da província, atualmente e no futuro. Detalhando um pouco mais, pode dizer-se que o trabalho foi desenvolvido com base nos seguintes objetivos: i. Realizar uma avaliação atuarial do Fundo de Pensões do Governo de Punjab; ii. Realizar projeções de fluxo de caixa do Fundo de Pensões do Governo de Punjab nos próximos cinco anos; iii. Fazer recomendações relativamente aos requisitos de financiamento para o Fundo de Pensões, com base nos resultados obtidos em i. e ii.; iv. Realizar uma análise de sensibilidade das principais premissas com efeitos sobre as projeções das responsabilidades com pensões e demais fluxos financeiros; v. Identificar as medidas reformadoras que permitam colocar a taxa de contribuição do plano de pensão existente a um nível aceitável; vi. Propor a estrutura de um novo plano de pensão, destinado aos futuros contratados.This actuarial investigation carried out of the Government of Punjab Pension Scheme liabilities as at the valuation date. To summarize, the work was developed with the following main objectives: i. Conduct an actuarial valuation of Punjab Government Pension Fund; ii. Carry out cash flow projections of Punjab Pension Fund over the next 5 years; iii. Make recommendations for funding requirements for Pension Fund based upon above findings; iv. Carry out sensitivity analysis of key assumptions on pension liability and cash flow projections; v. Identifying reform contours to bring contribution rate of the existing pension scheme at a manageable level; vi. Propose a structure for a new pension scheme for new hires.info:eu-repo/semantics/publishedVersio

Nonlinear dynamical analysis of the Blazhko effect with the Kepler space telescope: the case of V783 Cyg

We present a detailed nonlinear dynamical investigation of the Blazhko modulation of the Kepler RR Lyrae star V783 Cyg (KIC 5559631). We used different techniques to produce modulation curves, including the determination of amplitude maxima, the O-C diagram and the analytical function method. We were able to fit the modulation curves with chaotic signals with the global flow reconstruction method. However, when we investigated the effects of instrumental and data processing artefacts, we found that the chaotic nature of the modulation can not be proved because of the technical problems of data stitching, detrending and sparse sampling. Moreover, we found that a considerable part of the detected cycle-to-cycle variation of the modulation may originate from these effects. According to our results, even the four-year-long, unprecedented Kepler space photometry of V783 Cyg is too short for a reliable nonlinear dynamical analysis aiming at the detection of chaos from the Blazhko modulation. We estimate that two other stars could be suitable for similar analysis in the Kepler sample and in the future TESS and PLATO may provide additional candidates.Comment: 9 pages, 12 figures, accepted for publication in MNRA

How to run a brain bank. A report from the Austro-German brain bank

The sophisticated analysis of and growing information on the human brain requires that acquisition, dissection, storage and distribution of rare material are managed in a professional way. In this publication we present the concept and practice of our brain bank. Both brain tissue and information are handled by standardized procedures and flow in parallel from pathology to neuropathology and neurochemistry. Data concerning brain material are updated with clinical information gained by standardized procedures

The human resource implications of improving financial risk protection for mothers and newborns in Zimbabwe

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