\begin{eqnarray}
\Alt{\bTarg}(\Severance) & = &
\left\{1-\Severance \left[\frac{\urate}{\EmpGro}+\MPCU \left(1+\frac{\PatG^{-\CRRA}-1}{\urate}\right)^{1/\CRRA}\right]\right\}\bTargTarg,
\label{eq:bTargWithSocIns}
\end{eqnarray}
