Pension Fund Calculation Using Traditional and Projected Unit Credit Methods for Total Actuarial Liability and Normal Cost Cases

Abstract

The DSH Meat Kiosk is a kiosk that sells one of the foodstuffs, namely Beef. This DSH Meat Kiosk has been around for more than 20 years. However, as long as this kiosk is established, the manager still finds it difficult to analyze the profit from the sale. Therefore, this Profit and Loss Financial Statement is intended to assist traders in managing the profits generated. In this report a financial analysis is made in November 2021 and February 2022. The method used in making this report is to use primary data by collecting data in the form of interviews with kiosk owners relating to things needed in making profit and loss statements such as assets that owned, total revenue, operating costs and others. The results of this report show that sales in February 2022 decreased by 17.88% compared to November 2021. With this report, it is hoped that this report will help and make it easier to manage the profits generated and make decisions to generate the best profits.The discussion of the selected questions will look for what actuarial obligations are and what normal costs are based on the data provided. The purpose of this discussion is to know, understand, and be able to perform actuarial calculations regarding the unit credit method used. The unit credit method used is the traditional unit credit and the projected unit credit. The formula used for each question is as follows. andThe result of solving the first problem shows that the total actuarial liability on 1/1/95 is IDR 405,339.095. While the results of the second question show that the normal cost for 2021 on 1/1/2021 was IDR 1,071.43. From these results, users can find out how much actuarial obligations are and what normal costs are based on the data that has been provided.