Re: n plan

Posted by Tally_ho_us on 20 October 2000 at 02:18:43:

In Reply to: Re: n plan posted by Alan Murphy on 17 October 2000 at 23:37:15:

There is a guy helping us who is an actuarial person in the US that
has been helping us. You could ask him questions on his board
at http://clubs.yahoo.com/clubs/andylang. We did do the math and
found that the older plan was better for us. Sounds like the n
plan is like our older plan in the sense that it is based on yearss
of service and age - like our old plan. We also developed a
spreadsheet that is on www.cashpensions.com. You might want to
develop a spreadsheet for your n plan vs the c plan and compare. I
don't think actuarial science is very different between the US
and UK but Andy could answer that question for you. Andy is
retired and did actuarial stuff for 40 years for large companies.
Look at the board and see what you think. It is somewhere to at
least start looking and investigating the answer anyway.