Appeal No. 94-0570
Application 07/389,382
computer hardware means for ascertaining a standard
actuarial index in terms of characteristic future each
payments discounted to present value based on a range for at
least one of discount rate values and wage inflation values;
computer hardware means for ascertaining the past
behavior of current pension plan liabilities projected
backwards in time;
computer hardware means for determining a particular
portfolio of equity stocks having an optimized combination of
risk and financial returen for tracking said standard
actuarial index;
said computer hardware means for determining a particular
portfolio of equity stocks having:
(a) means for performing computer programming commands
for selecting a starting portfolio of equity stocks;
(b) means for performing computer programming commands
for making a plurality of incremental changes in weight
percentages of at least some of said starting portfolio of
equity stocks;
(c) means for performing computer programming commands
for determining a correlation of the past behavior of said
pension plan liabilities with said financial return of said
incrementally changed portfolio of equity stocks over the same
time period as said past pension plan liabilities; and
(d) means for performing computer programming commands
for reaccessing (b) and (c) until reaching said particular
portfolio of assets having said optimized correlation with
said standard index.
The Examiner’s Answer cites no prior art.
OPINION
2
Page: Previous 1 2 3 4 5 6 Next
Last modified: November 3, 2007