Permanent disability and social security

Inês Jorge da Silva Sequeira; João Tiago Praça Nunes Mexia

Permanent disability and social security

Inês Jorge da Silva Sequeira, João Tiago Praça Nunes Mexia

Research output: Contribution to journal › Article › peer-review

Abstract

A Markov chain approach is used to estimate the probability of a man covered by Portuguese Social Security becoming permanently disabled. This estimator is used to assess the contribution of each active man covered by the Portuguese Social Security to insure against that possibility. This prediction is necessary due to the pay-as-you-go system used.

Original language	English
Pages (from-to)	1-18
Number of pages	18
Journal	Biometrical Letters
Volume	43
Issue number	1
Publication status	Published - 1 Jan 2006

Keywords

Pay-as-you-go
permanently disabled
prediction of yearly contributions

Cite this

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title = "Permanent disability and social security",

abstract = "A Markov chain approach is used to estimate the probability of a man covered by Portuguese Social Security becoming permanently disabled. This estimator is used to assess the contribution of each active man covered by the Portuguese Social Security to insure against that possibility. This prediction is necessary due to the pay-as-you-go system used.",

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Permanent disability and social security

Abstract

Keywords

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