Reason reads data on the distribution of retirees in Florida FRS model input.R, line 245, from Florida FRS inputs.xlsx, sheet="Retiree Distribution". It looks like these data have been constructed by Reason by taking data in 5-year age groups and distributing number of retirees and total benefits to individual years of age within each 5-year age group by dividing by 5.
It might be possible, later in the project, to use a spline approach to get a more-realistic shape for the numbers of retirees and total benefits within each age group, controlling so that totals for each group are maintained.
Reason reads data on the distribution of retirees in
Florida FRS model input.R, line 245, fromFlorida FRS inputs.xlsx, sheet="Retiree Distribution". It looks like these data have been constructed by Reason by taking data in 5-year age groups and distributing number of retirees and total benefits to individual years of age within each 5-year age group by dividing by 5.It might be possible, later in the project, to use a spline approach to get a more-realistic shape for the numbers of retirees and total benefits within each age group, controlling so that totals for each group are maintained.