Abstract:
This articles discusses the premium of pension insurance for joint life status
based on Burr distribution using the projected unit credit method. Projected
unit credit method is a pension funding method that divides the total of pension
bene t with total of work life time before pension into pension bene ticial unit.
The calculation of premium is carried out by determining due life annuity using
Burr distribution. Then present value of future bene t (PVFB) is determined