Description: This session from the 1976 Spring SOA Meeting is about current IRA and RRSP developments, products that proved successful, regulation problems that have developed, taxation problems, rollover problems, commissions on increases and competition from other financial institutions.

Description: There are two main equity release plans for retirement financing: reverse mortgage plan and home reversion plan. Both plans entitle the home owners to release cash from their properties without leaving their home. In the lease buyback scheme (LBS) recently introduced rin Singapore, the home owner sells the tail-end of the property lease to the government in exchange for a cash payment upfront. Unlike the two main equity release plans, the LBS only allows the owner to stay in the property during the front part of the lease but not for life. In this paper, we propose a hybrid home equity release plan that incorporates both features of the home reversion plan and the LBS. We provide an actuarial framework to analyse the pricing of the hybrid plan. Some numerical illustrations are presented to show the actuarial values of the plan under different parameter choices, such as lease period and portion of property values sold. The hybrid plan provides enhanced flexibility to plan takers to meet their retirement needs.

Description: Legislative changes and the economic environment have created a need for plan sponsors to understand and manage pension risk and volatility. Dynamic asset allocation glidepaths reduce risk as plans become better funded. But what about the risk that plan sponsors face when their plans are underfunded? The presenters will discuss the challenges of managing pension risk when assets don't keep pace with liabilities.

Description: Explore how certain actuarial roles should be reserved under defined benefit plans for more than 50 years during the Reserved Roles for Actuaries in Defined Contribution Plans webcast. This online event will be focused on actuaries and defined contribution (DC) plan actuaries and how they have been spotlighted by the pension industry due to their roles. Join us to discover which roles under DC plans could be reserved for actuaries by plan sponsors or through legislation.

Description: This is a panel discussion focused on asset/liability projections and cash flow analysis of pension plans.

Description: Chairperson's corner for January 2020 In the Public Interest.

Description: This session at the SOA 1990 Dallas Spring Meeting discusses the effects of a merger or acquisition on employee benefit programs from actuarial and legal viewpoints.

Description: This paper discusses the mortality of railroad annuitants between the 1946 and 1949 anniversaries. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This discussion seeks answers to the following pension trust questions: 1. What has been the mortality experience under insurance policies issued for Pension Trusts? 2. Is there a need for low-premium plans such as Ordinary Life under Pension Trusts? 3. How may Ordinary Life policies be successfully employed?

Description: This paper is a practical guide to the terminal funding annuity product. Actuarial considerations, investment strategies, administration, and marketing aspects are discussed.