Description: Defined contribution DC plans are often touted as being far easier for employees to understand than defined benefit DB plans. This may be true during the accumulation phase, but it is not necessarily so at retirement. Many DC plan members have little understanding of converting their DC account balances into income streams at retirement. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 120pd.

Description: Discusses the formation of a task force, intended to become the Committee on Social Security - Retirement and Disability Income, which will focus on education and research on a variety of issues.

Description: Each year, one six-day annual event in the United States attracts 5,000 scientists as well as other individuals with a strong interest in science. The Society of Actuaries was formally represented this year for the first time at the event, the annual meeting of the American Association for the Advancement of Science [AAAS], held Feb. 12-17, 1998 in Philadelphia. An eminent panel discussed the 1997-98 SOA research project, 'Impact of Mortality Improvement on Social Security: Canada, Mexico, and the United States.' The SOA’s session was entitled 'Social Security in the NAFTA Countries: What if People Stop Dying?' This article summarizes that presentation.

Description: This session explores current practices and techniques that plan sponsors use to address the risks associated with the exercise of fiduciary responsibility. Attendees gain a better understanding of some of the issues that plan sponsors face and discuss the tools that can be used to monitor and manage exposure to risks and uncertainty. From the Record of the Society of Actuaries, Volume 29, No. 2: Spring Meeting, Vancouver, B.C., June 23–25, 2003, Session 108PD.

Description: Short article with some very limited case studies regarding how an actuary should perform in certain professional situations.

Description: Discussion of China's retirement system and the Enterprise Annuity - a fully funded defined contribution program.

Description: In session 10PD of the Washington Annual Meeting panelists discuss current pensioner mortality information as well as projected trends. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: A discussion of the future of the Social Security system, including a summary of the report from the Social Security Administration Advisory Council issued in January 1997. The document also sets forth some philosophical issues pertaining to Social Security purposes and its funding.

Description: This session from the 1995 SOA Vancouver Meeting addresses the critical issues of the financing for the Social Security systems in the U.S. and Canada. From the Record of the Society of Actuaries, Volume 21, No. 3b.

Description: Full version of International Section News, July 2006, Issue No. 39.