Closing the Deficit: Recovery-Plan Contributions with PMT
This lesson is part of the course
In this lesson
You size the Halvern Plan's 2026 deficit, spread it over an 8-year recovery plan with PMT, follow the deficit down to zero in a schedule and express the total employer contribution as a share of payroll.
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Lessons in this course
- The DB Benefit Formula: Accrual Rate × Service × Final Salary Locked
- Projected Benefit Cash Flows by Year Locked
- The Liability: Present Value of Benefit Cash Flows with NPV Locked
- Funding Ratio, Surplus & Deficit and a Simple Stress Test Locked
- Liability Sensitivity: Duration Estimate vs Full Revaluation Locked
- Closing the Deficit: Recovery-Plan Contributions with PMT Locked
- Asset Allocation: Expected Return vs Liability Growth Locked
- Liability-Driven Investing: Interest-Rate Hedge Ratio by Duration Matching Locked