Chapter 12. Conducting Stress Tests of Defined Benefit Pension Plans
- Li Ong
- Published Date:
- December 2014
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- Gregorio ImpavidoThis chapter is an abridged version of IMF Working Paper 11/29 (Impavido, 2011). The author is grateful for the comments received from Karl Habermeier, Deborah Marzouk, Richard Munclinger, Craig Thorburn, Ian Tower, Hasko van Dalen, Manuel Peraita, Asta Zviniene, and participants at IMF seminars at various stages of the project. The author is particularly indebted to Michael Hafeman, an actuary and pension specialist, for all the detailed comments received as well as key suggestions aimed at improving the accompanying spreadsheet tool.
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