Description: This article helps illustrate that a guaranteed income stream in retirement has much more value than merely longevity protection. Used properly, a payout annuity is also a hedge against one's retirement nest egg evaporating, leaving the retiree living check to check on a fixed income only. The article will be of interest to those involved in product development and design, sales and marketing, and payout annuities or guaranteed withdrawal benefits in general.

Description: Elizabeth Wells describes the fundamental underpinnings and processes that can help reduce the risk of inequitable division of retirement benefits between divorcing couples.

Description: Can our pension system provide people with their preretirement standard of living over the next century? How robust is the retirement system? What happens if there are Social Security cuts, early retirements, increased life expectancy, negative population growth, high inflation, and unfavorable investment experiences? This session examines the entire U.S. retirement system, including private and public pension plans, Social Security and personal savings. It shows how much retirement income can be provided by each component over the next century. From the Record of the Society of Actuaries Vol. 20, No. 3A.

Description: 'This paper looks at the issue of the timing the commencement of income annuities from the perspective of a real life client scenario.' From the 2011 Enterprise Risk Management Symposium, March 2011.