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  • 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
  • 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