9781334539442 - Simulation of Union Health and Welfare Funds, Vol. 1 (Classic Reprint) di Kaufman, G. M. (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book delves into the critical financial challenges faced by multi-employer health and welfare funds in the building trades industry, particularly amidst the challenges of employee mobility and the variable nature of employment. The author examines the intricate web of eligibility rules, benefit levels, and reserve requirements that determine the stability of these funds and their ability to provide for active workers in the trade. The book analyzes the complex interactions between these factors, exploring how changes in one aspect can have cascading effects on others. It presents a simulation model that enables readers to understand how eligibility rules and benefit costs impact the probability of insolvency, the average number of members covered, and the variance of this average. By situating this analysis within the broader context of union dynamics and the unique characteristics of the building trades industry, the book offers valuable insights into the challenges and opportunities faced by these funds. The author draws on real-world data to provide practical examples and illustrate the significance of understanding these intricate relationships. Ultimately, this book serves as a guide for fund trustees seeking to balance the competing goals of providing adequate benefits, covering as many active workers as possible, and ensuring the long-term solvency of their funds. Its insights are essential for anyone seeking to understand the complexities of health and welfare fund management in the building trades industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.