1. As far as deferred pensions are concerned, this model reflects an operational concept of reserve accruals which avoid the well-known absurdities (deformation by waiting periods, negative results etc.) of the Age of Entry Normal Method that is prevailing in Germany.

Insbesondere führt es für Pensionsanwartschaften zu einem „betriebswirtschaftlichen“ Teilwert, dem die bekannten Ungereimtheiten (z. B.