Description: Discuss interaction between defined benefit (DB) plans and defined contribution (DC) plans. Hear more about the impact of DB plans on DC plan design and vice versa. Learn about the differences in DB and DC plan governance and cross-over opportunities between these plan solutions.

Description: This paper is a literature review of available papers, publications, articles, and presentations on the topic of longevity risk.

Description: Several modern retirement arrangements, including lifetime pension pools, allow retirees to convert a single premium into income for life that varies with investment and mortality experience. It is anticipated that there will be an increase in the number of lifetime pension pools in the future. There are, nonetheless, some challenges that might slow down the potential increase in the number of lifetime pension pools. This session will present the results of recent research reports jointly sponsored by the Society of Actuaries and the Canadian Institute of Actuaries, addressing two challenges: 1. the lack of efficient and reliable ways to communicate risk to members2. the optimality of lifetime pension pool design elements. Attendees will further their understanding of these topics and how they may be applied in the future.

Description: Retirement Industry Conference

Description: This paper discusses the calculation of minimum statutory non-forfeiture values for annuity contracts with stipulated annual payments under which contractual values are based on the 1937 Standard Annuity Table.

Description: This session from the 1984 SOA Salt Lake City Meeting discusses Unisex legislation in the U.S. Congress on new and existing policies that eliminates gender in life insurance, pensions, health insurance and automobile insurance.

Description: The article is a summary of Society of Actuaries report entitled “Annuity Market Pricing Approaches” sponsored by the Retirement Section Research Committee. The report examines the Canadian Institute of Actuaries (CIA) methodology of developing solvency valuation assumptions, compares it to methods used in the U.S., and considers if it could be used in other markets, such as U.S. group annuities or individual annuities

Description: Pension risk transfer (PRT) has increasingly been a focus of private sector pension plan sponsors over the past decade. The U.S. PRT market had a record-breaking 2021. There are a few forms of PRT, and the data challenge applies to all of them. As an insurer, winning the PRT business is only the first step. There are more challenges when incorporating the data from an outdated admin system into the valuation system. A lot of manual intervention is needed for many companies, which brings different issues. Under LDTI, insurers also need better assumption management. By attending the session, you will: - Understand better different types of penstion risk transfer. - Understand the common challenges insurers face when taking on new PRT business. - Comprehend data-driven solutions that leverage different technologies to automate the reporting process. - Learn additional requirements related to PRT under LDTI.

Description: This article discusses the opportunity for annuity carriers created by the SECURE Act to distribute annuities through Employer Sponsored Defined Contribution Retirement Plans. The article covers a high-level overview of the changes enacted by the law that create the opportunity, as well as the potential opportunity for future annuity sales.

Description: Explore the importance of financial well-being and current efforts to improve it for all stakeholders, including employers, insurers and individuals. With factors like the COVID-19 pandemic and economic pressures driving rapidly rising inflation, dive into this webcast to learn better preparation for retirement security. How will we meet the future challenges of financial well-being? Discover research materials from the Geneva Association, Financial Finesse and the Society of Actuaries Aging and Retirement Strategic Research Program crafted to help clients and colleagues financially plan for the future.