Description: A Study of Public Employees Retirement Systems

Description: This article summarizes a series of surveys that explore how the public perceives retirement risks and manages related financial resources. It also provides examples of conflicting perceptions and behavior related to retirement and how retirees manage assets in retirement.

Description: The financial environment changed dramatically between 2008 and 2009. To gauge the impact of the financial downturn on retirees, the Society of Actuaries, LIMRA, and the International Foundation for Retirement Education re-surveyed respondents of the 2008 study, 'Will Retirement Assets Last a Lifetime?'. The original 2008 study surveyed 1,524 retirees ages 55 to 75 with $100,000 or more in household investable assets prior to the financial downturn. The participants were re-contacted in April 2009 and posed a subset of the original questions via an online survey. In this follow-up report, the 2009 results are contrasted with the results of the original 2008 study.

Description: This paper studies the joint distribution of the time of ruin, the surplus immediately before ruin, and the deficit at ruin. The classical model is generalized by discounting with respect to the time of ruin. The authors show how to calculate an expected discounted penalty, which is due at ruin, and may depend on the deficit at ruin and the surplus immediately before ruin.

Description: This is the Demographic Perspectives on the Rise of Longevity paper authored by Marie-Pier Bergeron Boucher, James W. Vaupel and Francisco Villavicencio for Session 4A of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: Analysis of IASB position on the discount rate to use in computing the Fair Value of Insurance Liabilities

Description: This session from the 1995 SOA Boston Meeting reviews recent U.S. regulatory and tax developments, U.S. product taxation issues including corporate-owned life insurance COLI and certificate of deposit CD annuities and a summary of recent Canadian income tax developments. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: The American Academy of Actuaries and the Society of Actuaries (SOA) have updated the jointly developed Actuaries Longevity Illustrator (longevityillustrator.org), a web-based tool that allows users to quickly generate an estimate of how long they might live in a few simple steps.

Description: Series of infographic to help individuals understand how life expectancy and the decisions they make impact their plans for a happy, healthy and well-funded retirement.

Description: Symposium session on Emerging Definitions of Retirement.