Description: This article discusses the non-qualified market opportunities presented by the new limitations imposed on qualified pension plans.

Description: The author shares the story of his actuarial career and provides insight into the development of retirement today and the past and future of the pension actuary.

Description: The Statement of Financial Accounting Standards No. 87. Employers’ Accounting for Pensions, became effective in 1987. This is an accounting/actuarial standard with significant income statement and balance sheet implications. This article discuses the results of a survey of selected affected companies regarding the impact of this standard.

Description: This 1976 article discusses provincial regulation of private pensions in Canada, with a focus on Manitoba’s legislation, expected to be operative later in the year, and how it compares to regulation in other provinces.

Description: The Society of Actuaries, the SOA Pension Section, the Conference of Consulting Actuaries and the American Society of Pension Actuaries are contributing funds in support of efforts to get the actuarial profession more involved in modeling that addresses national retirement income policy and health care reform. The first project will be a feasibility study to analyze each major existing database/model and investigate whether it would be practical to access it or to extend it into a new macrodemographic model.

Description: Background of the Manhart case on sex discrimination in pension rates, summary of the brief prepared for the case by an SOA task force, and text of a letter submitted to the court by SOA members critical of the brief.

Description: This article is a review of the book “Public Employee Pension Funds,” by Robert Tilove, published in 1976 by Columbia University Press. The book concentrates on the major public policy issues affecting plans of state and local governments. A more detailed review of this book will be published in the “Transactions.”

Description: This article summarizes the views of the Interagency Task Force about the need for regulation of private pension plans with a focus on protecting vested benefits.

Description: In this article, the author discusses private pension policy recommendations from the first interim report of the President’s Commission on Pension Policy, released in May 1980, noting that it contains several recommendations similar to reforms strongly urged upon actuaries three years ago Record, Vol. 3, No. 4, p. 902 by Karen Ferguson, Director of the Pension Rights Center, Washington, D.C. The author of this article discusses recommendations, including political views, on topics including mandatory pension coverage, vesting, and survivor protection.

Description: This article on pensions and tax expenditures discusses the problems in the development of the numbers provided by the Office of Management and Budget. Tax reform proposals that quantify increases in tax revenue that would result from elimination of tax advantages of qualified pension plans are flawed in the author's opinion.