CD Skripsi
Iuran Normal Pensiun Dengan Metode Constant Dollar Dan Distribusi Log-Logistik
Essentially, everyone will try to fulfill their daily life needs, namely by ear- ning income from work carried out during their productive age. However, as time goes by, workers will also entering retirement age retirement, that is, the age at which workers are no longer actively working as usual. So one way to ensure someone’s welfare in their old age is to participate in a pension fund insurance program. This research aims to determine the present value of pen- sion benefits and normal contributions using the constant dollar method, with the distribution of life following a log-logistic distribution. The parameters in the log-logistic distribution are estimated using the maximum likelihood esti- mate and solved using Newton-Raphson iteration then to obtain the estimation results used software Maple 13. The solution of the problem is obtained by de- termining the probability of life, the initial annuity for life then present value of pension benefits, and normal contributions using the contant dollar method and then a formula based on the log-logistic distribution is obtained. The result is the amount of normal contributions pension fund obtained using constant dollar with the distribution of life following a log-logistic distribution increases every year.
Keywords: Normal retirement, constant dollar method, log-logistik distribu- tion, maximum likelihood
Tidak tersedia versi lain