The ORTEC Monitor enables pension plans to inform the boards on a regular basis about expected funded ratio development and the resulting consequences for premium and indexation policy.
Summarizing, the report enables the pension plan to gain insight into:
- Historic development of assets, liabilities and surplus;
- Required surplus (broken down to risk factors) based on the DNB Solvency test and the funds' own assumptions;
- Probability of breaching pre-defined risk-limits;
- Influence of policy alternatives;
- Performance evaluation on portfolio level.
Since the ORTEC Monitor follows the assets and the liabilities in an integrated scenario analysis, the ORTEC Monitor is extremely suitable for use as an internal model.