Pension Committee of the American Academy of Actuaries

Discuss the pension committee of the American Academy of the actuaries case study.

Imagine the case that you are hired as a consultant to evaluate the two contracts. For the 49ers $1 million signing bonus is payable immediately, and an annual salary of $1.5 million for the five-year term of the contract. What would you recommend that Harvey do? Assume that Harvey can invest his money and earn an 8% annual return.