Change search
ReferencesLink to record
Permanent link

Direct link
Annuity Divisor - Comparison Between Different Computational Methods
KTH, School of Engineering Sciences (SCI), Mathematics (Dept.), Mathematical Statistics.
2013 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This thesis is focused on a vital component of the Swedish national pension system called Annuity Divisor which determines the annual pension amount. It is based on the life expectancy of the whole population and it also includes a set discount rate. There are however two different formulas used within the Swedish national pension system and these different methods are also based on different data, historical and prognostic. The political aspects regarding the Annuity Divisor are also considered.


The process from raw data until the final value is shown and compared with methods used in Finland, Norway and Poland. It is shown that the different formulas used in the Swedish national pension system yield similar results and that the main difference arises as a consequence of the different data used.


By using the Finnish formula for the Annuity Divisor, which is slightly easier, the result can be improved in respect to continuous discounting.

Place, publisher, year, edition, pages
2013. , 50 p.
TRITA-MAT-E, 2013:06
National Category
URN: urn:nbn:se:kth:diva-117628OAI: diva2:605041
Subject / course
Mathematical Statistics
Educational program
Master of Science in Engineering - Vehicle Engineering
Physics, Chemistry, Mathematics
Available from: 2013-02-13 Created: 2013-02-01 Last updated: 2013-03-07Bibliographically approved

Open Access in DiVA

fulltext(907 kB)497 downloads
File information
File name FULLTEXT01.pdfFile size 907 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
Mathematical Statistics

Search outside of DiVA

GoogleGoogle Scholar
Total: 497 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 294 hits
ReferencesLink to record
Permanent link

Direct link