Description: This article highlights Living to 100 sessions on current aging policy issues in the UK, the US and Canada as well as what can be done by individuals.

Description: Read the September 2016 issue of Pension Section News published by the The Pension Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Retirees and their advisors should construct diversified portfolios of retirement income, allocating among various retirement income classes that include Social Security, annuities, and systematic withdrawals from invested assets. This essay discusses the pros and cons of various retirement income generators and the issues with constructing retirement income portfolios.

Description: This essay advocates that the transition from DB to DC plans won't be complete until plan sponsors offer programs of retirement income in their DC plans. The essay discusses the relevant actuarial and behavioral issues.

Description: The recent release of the RP-2014 Mortality Table and Scale MP-2014 exposure drafts represent the SOA’s first comprehensive reexamination of U.S. pension-related mortality assumptions in over a decade. This paper summarizes the key conclusions reached in those exposure drafts and the estimated financial impact of adopting the new mortality assumptions.

Description: Hear from the chairperson on themes in the September 2016 issue of Pension Section News published by the The Pension Section.

Description: Overview of areas of the Living to 100 content of particularly interest to pension actuaries. Two areas of emphasis are business implications and human resource implications including retirement ages. Draws on panels and papers.

Description: Interviews with several people about Living to 100 meant for them and their specialty. Includes financial planner, regulator, health and aging/community focus.

Description: Living beyond ones life expectancy poses many challenges. Among them are financial issues. Though there are products and strategies available that retirees could use to mitigate this financial risk they are seldom used. Reasons range from high cost, lack of awareness of the available options, and general underestimation of longevity risk. This paper poses the question as to whether the federal government can provide a solution to this potential problem in a fair and cost efficient manner. Ideas are presented as well as a discussion of the pros and cons of such a program concept.

Description: This article by Anna Rappaport and Eric Freden contains a compelling compendium of comments shared by top actuaries working in different roles with retirement systems who attended the fourth triennial “Living to 100” Symposium in Orlando, Fla.