question archive there, this is a question I had about an assignment for actuarial science, what should the premium loading rate be if a pension program was run by the government? I think that it should be 0, meaning that everyone getting exactly what they are paying for, since the government doesn't have to worry about bankruptcy or making a profit (assume no expenses as well)
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there, this is a question I had about an assignment for actuarial
science, what should the premium loading rate be if a pension program was run by the government? I think that it should be 0, meaning that everyone getting exactly what they are paying for, since the government doesn't have to worry about bankruptcy or making a profit (assume no expenses as well).