Hybrid Pension Plan And Actuarial Assessment

Hybrid pension plan is a new pattern which base on Defined contributions plan (DC plan for short) and Defined benefit plan (DB plan for short).This plan could reduce the cost of plan founder and share the investment risk between the plan founder and participant, which in favor make the founder develop his employee welfare plan and satisfy the plan participants'demand.In the past decades, DC plan have replaced DB plan in the foreign pension market. But DC plan is not completely perfect which take the investment risk more to the participants. If the stock market fluctuates or the investment choices have problem, the future pension benefit will be negatively affected. On the contrary, DB has the advantage in the benefit payment. So there are some innovative pension plan designers making a sort of hybrid pension plan. Maybe the market share is small but the plan will attract more and more corporations.In our country, the pension plan has been developing quickly, but the market and the environment are not mature enough. So the...