Multivariate Analysis of Pension Plan Mortality Data |
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| Authors: | Charles Vinsonhaler Nalini Ravishanker Jeyaraj Vadiveloo Guy Rasoanaivo |
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| Institution: | 1. Department of Mathematics , University of Connecticut , 196 Auditorium Rd., Storrs , CT , 06269;2. Department of Statistics , University of Connecticut , 196 Auditorium Rd., Storrs , CT , 06269;3. Aetna Financial Services/ING , 151 Farmington Ave, TN41, Hartford , CT , 06156;4. Department of Mathematics , University of Connecticut |
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| Abstract: | Abstract This paper uses the logistic regression model to examine private pension plan data for 1989–95 collected by the Retirement Plans Experience Committee of the Society of Actuaries. When only one explanatory variable, such as annuity class size, is used in modeling mortality rates, the model provides a reasonable fit to the data. Multiple explanatory variables give less satisfactory results. |
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