colour0707 · 2018年04月02日
hi,请问DBplan里面的pension income和pension contribution有什么区别？thanks.
来源于2017Mock AM 21题 和 CFA协会题库机构IPS那道。但不同点是：
协会题库:This return objective could potentially minimize future pension contributions and maintain or increase future pension income.
2017mock am 21: This return objective would not only help the plan fund pension obligations but potential minimize future pension obligations and maintain or increase future pension income.
韩韩_品职助教 · 2018年04月02日
同学你好，pension contribution是企业为了弥补PV assets不足PV liability的部分而需要在未来付出的部分。而pension income是一个会计上的概念，当PVA大于PVB的时候，会在利润表上面记上一笔pension income。所以return objective 可以分别从这两个角度来叙述，从pension contribution的角度，需要minimize pension contribution,从pension income的角度，则是increase pension income, 说明DB是fully funded, 不用再未来再投入pension contribution.
原版书里是这么写的：
The pension fund’s stated return desire may be higher and may reflect considerations relating to reducing pension contributions or increasing pension income.
