Old FRP 4

At a glance

  • A monthly updated simulation of the development of the reference interest rate is shown below.
  • Valuation of pension liabilities at the reference interest rate approaches economic accounting in the long term.

Reference interest rate as of 30 September 2019 (no longer valid)

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Simulations for the following years

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The values were calculated by PPCmetrics based on its simulation model and historical data from third parties. They are meant for interested pension funds as a support for their actuarial decisions. PPCmetrics conducts the simulations carefully and conscientiously but does not represent any guarantee that the simulations are correct nor that they occur. It should be noted that the values can change at any time.


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Dr. Marco Jost
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Dr. Oliver Dichter
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