By Pension Architects
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With dbSimulator you can simulate 95% of all defined benefit plans that are known on the Belgian market. The formulas, parameters and mortality tables are very flexible, so that the app may also be suited for defined benefit formulas of other countries.
The app can simulate the vested benefits, vested reserves, expected benefits, .... for all defined benefit formulas that are similar to e.g.
- (10% S1 + 70 % S2) * n / 40
- (70% S - state pension) * n / 35
- n / 60 * S
Every aspect of each formula can be personalized.
The app is the perfect tool for auditors, actuaries, benefit consultants and insurance companies to review existing or new pension plans. The app can also be used if you would like to recalculate the amounts on your benefit statement.
What's New in Version 1.2
Fixed a bug that caused some calculations to be wrong
- Category: Finance
- Updated: Oct 11, 2012
- Version: 1.2
- Size: 1.0 MB
- Languages: English, Dutch, Russian
- Seller: Pension Architects
- © 2012 Pension Architects bvba
Compatibility: Requires iOS 5.0 or later. Compatible with iPhone, iPad, and iPod touch.