accountValueNF: Account Value without floor on return

In nathanesau-academic/StocVal: Values embedded options in DB pension plan.

Description

Account Value without floor on return

Usage

accountValueNF(employee, surviveInfo.out, assumptions = planVariables,
  oneyear = term1, tenyear = term10)

Arguments

employee	A row from the demoInfo dataset
surviveInfo.out	output of surviveInfo()
assumptions	Plan features and assumptions - by default the variables in planVariables are used.
oneyear	1 year treasury bond yields. By default, deterministic scenario output is used.
tenyear	10 year treasury bond yields. By default, deterministic scenario output is used.
r	The maximum retirement age

Details

NF stands for no floor

Value

A data frame containing the account value boy, account value after growth, salary, contribution (eoy), account value (eoy), benefit payments (boy) and discount benefit payment for each year until retirement

Examples

surviveInfo.out <- surviveInfo(demoInfo[5,]);
 accountValueNF.out <- accountValueNF(demoInfo[5,], surviveInfo.out)

nathanesau-academic/StocVal documentation built on Nov. 4, 2019, 8:35 p.m.