Description: In defined-benefit plans, a portability problem arises, especially in an inflationary economy. Final salary plans were designed to cope with inflation. However, transfer of employment during a career can result in long service at a prior employer with outdated final compensation and short service at a current employer with appropriate final compensation. Thus the problem. This presentation discusses possible solutions. From the Record of the Society of Actuaries Vol. 17, No. 3A.

Description: This session from the 1995 SOA New York City Meeting discusses Financial Accounting Standard 115 for valuing assets at market, surplus volatility and what that means in a market-value accounting environment and fair value of liabilities. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: This panel discussion was presented at the SOA's 1976 Spring Meeting in Washington D.C. The discussion focuses on the economic outlook in 1976.

Description: This session discussion is about past and pending regulatory developments, implications of recent accounting developments, plan design, investment measurement/control of risk. From Record of the Society of Actuaries Vol. 12, No. 1.

Description: This 1979 panel discussion focuses on Social Security and the possibility for future changes in such areas as financing, retirement age, benefit design, treatment of women, and retirement test.

Description: This session from the 1984 SOA Atlanta Meeting is an overview of what is happening with the NAIC. It covers how the NAIC operates, new mortality tables such as unisex and smoker/non-smoker, integrated financial services, current status of universal life and variable life, investment aspects of actuarial opinions, cost disclosure and other topics.

Description: A panel of practitioners and a PBGC representative present current issues relating to the federal pension insurance program. In particular, PBGC premium issues are reviewed, reportable events and issues pertaining to plan terminations is covered. A significant portion of this session is devoted to audience questions. From the Record of the Society of Actuaries, Vol. 23, No. 1.

Description: 1993 SOA Meeting, Quebec. This session addressed FASB activities, American Academy of Actuaries response, and alternative approaches to fair value reporting. Topics covered: 1. The new FASB pronouncement, SFAS 115, Accounting for Certain Investments in Debt and Equity Securities. 2. Activities of the American Academy of Actuaries' COLIFR subcommittee on FASB and AICPA issues. 3. General principles in the area of fair-value accounting. 4. Potential methods for evaluating liabilities on a fair-value basis. 5. Developments in the area of fair-value accounting.

Description: This session from the 1983 SOA Hollywood, Florida Meeting discusses deregulation of life insurance, how much deregulation would be desirable, the regulatory environment in Canada and the desirability of state regulation versus federal regulation. Record of Society of Actuaries Vol. 9, No. 4.

Description: 1994 SOA Spring Meeting, San Francisco. This session on Purchase GAAP accounting provides insight on related topics currently under discussion by the Emerging Issues Task Force of FASB.