Joint mortality profit and limited-contingent survivor benefits: jlReversionaryPayment_zero_spouse
ProvedActuarialValuation.jlReversionaryPayment_zero_spouseactuarial-scienceformal-verificationjoint-life-mortality-profit
A spouse who cannot survive receives no reversionary pension. This original derived actuarial relation uses the parameter restrictions, endpoints and units stated in the separate formal theorem or definition.
Mathematical relation:
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Mathlib.Data.Fintype.Basic import Definitions.Def_actuarial_jlReversionaryPayment
Formal statement
namespace ActuarialValuation theorem jlReversionaryPayment_zero_spouse (px benefit : ℝ) : jlReversionaryPayment px 0 benefit=0 := by sorry end ActuarialValuation
Source
Original derived actuarial mathematics, published source page 132. Dickson, Hardy and Waters (2020), Actuarial Mathematics for Life Contingent Risks, multiple life insurance and reserves, https://www.cambridge.org/core/books/actuarial-mathematics-for-life-contingent-risks/; S. D. Promislow (2015), Fundamentals of Actuarial Mathematics, multiple-life theory. Parent topic: Independent joint-life outcome probabilities, distinct survivors' reserves, outcome-specific death strain and mortality profit reconciliation with guaranteed reversionary benefits. The particular Lean formula is a new finite/real-algebraic formalisation and remains an unproved theorem target if labelled theorem. Relevant published actuarial derivation: https://www.cambridge.org/core/books/actuarial-mathematics-for-life-contingent-risks/
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.