Description: The coordinator of the task force which prepared Manhart Brief, for a court case on sex discrimination in pension rates, responds to criticism.

Description: Review of the Third Edition of Fundamentals of Private Pensions by Dr. Dan M. McGill by Donald Gubbs. The most comprehensive text yet on the subject of pension plans. This new Edition covers the wide variety of developments within the last 10 years, as well as the sweeping changes brought about by the passage of ERISA and also shows a deeper exploration of many of the fundamentals of private pensions.

Description: Three noted actuaries who practice in the retirement systems area provide their prognosis of the future of pensions.

Description: Notes that the current retirement system does not assure that everyone will retire with adequate retirement income, and provides arguments in favor of employers being required to provide pension plans.

Description: The U.S. Internal Revenue Code prohibits qualified pension and profit sharing plans from discriminating in favor of highly compensated employees. It states that a plan is not discriminatory merely because contributions or benefits are a uniform percentage of pay. In addition, the code allows some disparity between highly compensated employees and other employees with respect to their contributions or benefits as a percentage of pay.

Description: Background of the Manhart case on sex discrimination in pension rates, summary of the brief prepared for the case by an SOA task force, and text of a letter submitted to the court by SOA members critical of the brief.

Description: Article from The Actuary, March 1971 – volume 5 - Issue 3 talks about a hypothetical life insurance company's introduction of a new policy whereby the increased death benefits after the premium paying period are used to justify smaller cash values and reserves than would be required under a comparable policy which endowed for its cash value at the end of the premium paying period.