% Generated by roxygen2: do not edit by hand
% Please edit documentation in R/chapter18_pensions.R
\name{PAB_fas}
\alias{PAB_fas}
\title{Projected annual benefit under a final average salary DB plan}
\usage{
PAB_fas(x, z, CASx, p, fas_years = 3, past_service = 0, g = NULL, s = NULL)
}
\arguments{
\item{x}{Current or entry age.}

\item{z}{Retirement age.}

\item{CASx}{Current annual salary at age \code{x}.}

\item{p}{Accrual percentage, e.g. \code{2} for 2 percent.}

\item{fas_years}{Number of years in the final average salary period.}

\item{past_service}{Past years of service already completed at age \code{x}.}

\item{g}{Optional constant annual salary growth rate.}

\item{s}{Optional salary scale vector of length \code{z - x}.}
}
\value{
Projected annual benefit.
}
\description{
Computes the projected annual benefit for a final average salary plan
using Equation (18.6).
}
\examples{
PAB_fas(x = 35, z = 65, CASx = 60000, p = 2, fas_years = 3, g = 0.04)
}
