Description: This study observes the effect of different factors on the average and standard deviation of both the cost ratio and funding level. From the Actuarial Research Clearing House, January 1996, VOL. 1.

Description: This abstract describes a paper that presents an actuarial model which determines benefits to be paid in phased retirement and in full retirement. From Actuarial Research Clearing House, 2011.

Description: Private defined benefit pension plans must, by law, pre-fund the retirement benefits. This requires the periodic valuation of liabilities and calculation of contributions. Because valuation assumptions are seldom borne out by reality, a surplus [or deficit] ensues and varies over time. When the surplus becomes sizable, there often arises a desire to distribute part of it so as to bring it down to a more reasonable level. This paper provides a brief overview of cooperative game theory and, in particular, sharing rules. Then, using certain sharing rules, it determines how to split the surplus or deficit among the plan participants and sponsor. In general, the participant's share in the surplus depends on the total of his contributions. Other considerations, such as the actual investment income received on his contributions or the years of service, may influence the distribution of the surplus. It may even appear desirable to take account of the accrued liability. From Actuarial Research Clearing House 1998, Vol. 1.

Description: A short article from the Expanding Horizons newsletter, issue 26, published in April of 2003 that details the treasurers report for the E&R Section.

Description: This article discusses the Halmstad prize, announces winners and asks for volunteers.

Description: Article from the Expanding Horizons newsletter from December 2004 in which the section chair addresses the section and talks about the E&E syllabus and the issue with financial economics and also future activities such as the ARC conference.

Description: This presentation defines the risks in the context of pension plans and reviews their relationship. From 2000 ARCH, Quebec City, Canada., January 2000.

Description: Recap of the Education and Research Section breakfast at the 2006 SOA annual meeting.

Description: One of the sessions the E&R Section sponsored at the Annual Meeting in New York was titled "The New Math: Unorthodox Methods in Actuarial Science." The whole idea was to present academic results to practitioners who, in turn, could put them to good use.

Description: As is the tradition, the Education and Research Section has a morning meeting, over continental breakfast, at the Annual Meeting. Since that meeting signifies the end of a term and the beginning of a new one, it offers the perfect setting for presenting the past activities and realizations, as well as the planning for the year to come. As both the outgoing Chair, myself, and the incoming Chair, Tom Edwalds, were in attendance, we thought we would seize the opportunity to officially pass the baton! From Expanding Horizons, January 2006.