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  • Pension Valuation using Conditional Tail Expectation
    Pension Valuation using Conditional Tail Expectation This presentation discusses the use of Conditional ... to other pension valuation methods. Conditional Tail Expectation=CTE;Pension valuation; 5962 1/1/2007 ...

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    • Authors: Rene Delsanne, Claude Pichet, Carole Turcotte
    • Date: Jan 2007
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Topics: Pensions & Retirement>Defined benefit plans
  • A New Risk Metric for Defined Benefit Pension Plans
    A New Risk ... continue to use the 30-year lump sum example: Table 1 Surplus/Deficit Risk Metric Percentile Year ... value of assets at the specified time. Table 2 Assets Percentile Year 0 Year 10 Year 20 ...

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    • Authors: Thomas D Bergan, David Fishbaum
    • Date: Oct 2006
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Actuarial Practice Forum
    • Topics: Modeling & Statistical Methods>Asset modeling; Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Stochastic models; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension investments & asset liability management; Pensions & Retirement>Risk management
  • Reinsurance News, August 2014, Issue 79
    Survey are now available. The survey captures individual and group life data from U.S. and Canadian life ... and opinions expressed herein are those of the individual authors and are not necessarily those of the ...

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    • Authors: Society of Actuaries
    • Date: Aug 2014
    • Competency: Communication>Written communication; External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>General business skills; Leadership>Influence; Leadership>Mentoring; Leadership>Thought leadership; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Reinsurance News
    • Topics: Actuarial Profession>Management skills; Actuarial Profession>Professional development; Demography>Longevity; Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Financial Reporting & Accounting>International Financial Reporting Standards [IFRS]; Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods>Forecasting; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Sensitivity testing; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension finance; Pensions & Retirement>Pension investments & asset liability management; Pensions & Retirement>Pension legislation and regulation; Public Policy; Reinsurance>Life reinsurance; Reinsurance>General reinsurance
  • Operation De-Risk: Creative Arrangements for Sharing Risks
    Unlike a DC scheme, where employees have individual accounts, within a CDC scheme contributions ... participants with a hypothetical or notional individual account, is the most common type of hybrid plan ...

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    • Authors: JOHN ANDREW TURNER, Conrad Ferguson, Mark Anthony Macharia
    • Date: Jun 2015
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Actuary Magazine
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Hybrid plans
  • Linking Pension Liabilities to Assets
    investment benchmark) are considered low risk. Table 1 summarizes the fundamental difference between ... perspective versus a liability-relative perspective. Table 1: Traditional asset only approach vs. liability ...

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    • Authors: Aaron Meder, Renato Staub
    • Date: Oct 2007
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Actuarial Practice Forum
    • Topics: Finance & Investments>Economic value; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension investments & asset liability management
  • The New Era of Defined Benefit Plan Risk
    the company should consider nothing is off the table. Activities must be carefully reviewed and documented ... the actuarial valuation process. This has generated more focus on the actuarial valuation and reporting ...

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    • Authors: Sheva Levy, Christopher Lipski
    • Date: Dec 2010
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Pension Section News
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Risk management
  • Response to comments on “Model Legislation for Better Public Plan Governance (vs. Risk Disclosure)”
    Response to comments on “Model Legislation for Better Public Plan Governance (vs. Risk Disclosure)” ... just measuring risk are: 1. Require that any individual purchase of service credit that is intended to ...

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    • Authors: Thomas Lowman
    • Date: Jan 2017
    • Competency: Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Pension Section News
    • Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks; Enterprise Risk Management>Systemic risk; Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management; Public Policy
  • Risk Management of a DB Underpin Pension Plan
    Risk Management of a DB Underpin Pension Plan From the 41st ARC: a presentation focusing on risk management ... 41st ARC 7 Risk Management „ Our problem „ Valuation and risk management of Max(D-A,0) at exit. „ ...

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    • Authors: Mary Hardy, Kai Chen
    • Date: Jan 2007
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Topics: Finance & Investments>Derivatives; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension investments & asset liability management
  • Response to authors comments on Presenting Market Value Liabilities for Public Employee Retirement Systems
    limited requirements for an actuary to serve an individual client but if actuaries do provide and discuss ... and should engage widely in discussions of the individual and combined economic implications of benefit ...

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    • Authors: Robert North
    • Date: Jan 2017
    • Competency: Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Pension Section News
    • Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks; Enterprise Risk Management>Systemic risk; Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management; Public Policy
  • Replacing the Replacement Rate: A Better Way
    Replacing the Replacement Rate: A Better Way The standard for measuring retirement income ... working The target then becomes 100 percent. At an individual level, some people will want to target a better ...

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    • Authors: Bonnie-Jeanne MacDonald
    • Date: May 2017
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: International News
    • Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Plan design; Social Insurance>Social Security