January 2013

Notes from the Editor

By Raymond Berry

Congratulations to Tonya Manning, our new President of the Society of Actuaries a member of the Pension Section and a past member and chair of the Pension Section Council.

Also congratulations to Faisal Siddiqi, our new chairperson of the Pension Section. We welcome his first article as chairperson.

Need some updating on pension finance? See the article highlighting the Pension Finance Task Force on-line continuing education quiz.

Interested in phased retirement? Read Anna Rappaport’s insights on her personal phased retirement.

Other topics in this issue include lifetime income, de-risking pensions, variable annuity plans and another look at “Dogbert’s Retirement Planning Service.”

If you were not able to attend the SOA annual meeting this year, be sure read the comments from actuaries who attended about what they found most interesting at the meeting.

Thanks to all the authors for their articles.

Please send us any articles that you feel may be of interest to others in the Pension Section. Also, send us topics or issues that you want to know more about.

A reminder, it is time to attest to Continuing Professional Development (CPD) for the 2011-2012 period. Annual SOA dues for 2013 are now payable. Be sure to sign up for the Pension Section again when you pay your dues.

Raymond Berry, ASA, EA, MAAA, MSPA, can be reached at raymonddberry@yahoo.com.