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Cumulative constrained sojourn times in semi-Markov processes with an application to pensionable service

Published online by Cambridge University Press:  14 July 2016

Izzet Sahin
Izzet Sahin*
Affiliation:
University of Ottawa
*
∗ Now at the University of Wisconsin — Milwaukee.
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Abstract

This paper is concerned with the characterization of the cumulative pensionable service over an individual's working life that is made up of random lengths of service in different employments in a given industry, under partial coverage, transferability, and a uniform vesting rule. This characterization uses some results that are developed in the paper involving a functional and cumulative constrained sojourn times (constrained in the sense that if a sojourn time is less than a given constant it is not counted) in semi-Markov processes.

Keywords

CONSTRAINED SOJOURN TIMESSEMI-MARKOV PROCESSESA FUNCTIONAL OF SEMI-MARKOV PROCESSESPENSIONABLE SERVICEVESTINGCOVERAGEPORTABILITY

Information

Type
Research Papers
Information
Journal of Applied Probability , Volume 15 , Issue 3 , September 1978 , pp. 531 - 542
Copyright
Copyright © Applied Probability Trust 1978 

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References

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