Description: Book review of Employee Benefits, written by Burton T. Beam, Jr., and John J. McFadden. Published in 1985 by Richard D. Irwin, Inc. 486 pages plus bibliography and index.

Description: Actuary readers are familiar with the Pension Benefit Guaranty Corporation, which was established under ERISA in 1974 to administer the benefits of terminated employee pension plans in the United States and to operate an “insurance” plan intended to protect the benefits of participants in such plans from inadequate funding. This article explains similar programs in Germany and Canada.

Description: This article reports on a discussion between Frederick P. Sloat, FSA and Ernest Hicks, CPA regarding a form which is being prepared to comply with Opinion No. 8 of the AICPA. The form is for auditors to use when requesting necessary information from actuaries with respect to pension plans.

Description: Portability of pension benefits allows an employee to maintain pension benefits as he leaves one company and joins another. Advocates of portability point approvingly to the way Social Security - a portable pension plan - handles employee mobility. In their view, the private pension system would be fairer to participants and close a gap in pension coverage if it had more portability.

Description: Article from The Actuary, June 1972 – volume 6 - Issue 6 provides an excerpt from a talk given at the New Orleans meeting on pensions and future change.

Description: This article is a summary of a paper called Valuation of Final-Salary Pension Schemes by R. B. Colbran, F.I.A. submitted to the Institute of Actuaries in London last April. It includes a review of major ways in which United Kingdom and North American actuaries differ in their approaches of valuing these plans.

Description: This article is about how the new Flexible Education System - FES -will better meet the basic education needs of pension actuaries, particularly consultants.