Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The panelists discuss the considerations and factors in selecting an interest rate assumption for a pension plan, looking at the Employee Retirement Income Security Act, ‘ERISA,’ the Financial Accounting Standards Board, ‘FASB,’ current liability, the effect of Internal Revenue Service, ‘IRS’ audit guidelines and audit programs, and the effect of other assumptions. Discussion from participants is included. From the Record of Society of Actuaries Vol. 17, No. 3A.

Description: This is a discussion about the Opinion No. 8 Bulletin on accounting for the cost of pension plans that was recently issued by the Accounting Principles Board of the American Institute of Certified Public Accountants and the effect this bulletin will have on the preparation of actuarial valuations of pension plans. Also discussed is the use of level-premium life insurance in connection with employee benefit plans and the underwriting, actuarial and other problems encountered in the design and marketing of such plans. Finally, the discussion moves to the marketing, underwriting and administration of vision care and prescription drug benefits, and the advantages and disadvantages of providing survivor benefits in group life and qualified pension plans. From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No. 53.

Description: The following topics were discussed at concurrent sessions: 1. The Actuary's responsibilities- pensions, 2. Policy loan problems, 3. New forms of group insurance, and 4. Corporate financial management of mutual life insurance companies. From Transactions of Society of Actuaries, 1974 Vol. 26, Pt. 2D, No. 75AB.

Description: These discussions at the 1967 New York and New Orleans Regional Meetings are a summary of two workshops - Methods of Computing 'Net Cost' for Ordinary Life Insurance and Life and Health Insurance Plans for Groups with Generally Fewer than Twenty Five Lives. There is also a discussion of a proposed SOA constituional amendment related to public expressions of opinion.

Description: In this a forum for consulting actuaries, the participants discuss: 1. Accounting principles, especially as a result of APB Opinion No. 8, 2. Liaison- What can be done to improve liaison between consulting firms and the IRS, government committees, hearings, and insurance industry committees? 3. Life insurance company development, 4. The relation of the consultant with company actuaries, reinsurers, and accountants, and 5. Personnel- What programs are being followed by consulting firms to maintain staff by the internal development of actuaries? From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No. 55.

Description: This presentation was made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries. It discussed the following: how to choose the best pension assumptions and methods, how to arrive at interest assumptions, and the advantages of cost methods that reflect assumptions about new entrants and other changes in the group. 1975 Record Vol. 1, No. 3

Description: This article discusses how much should defined-benefit pension plan assets be and should actuaries decide the answer to this question?

Description: This session at the SOA 1990 Dallas Spring Meeting is about the importance of matching assets and liabilities within a pension plan. Models, methodology and strategy for accomplishing ALM are discussed.

Description: This is a general session from the 1983 SOA Spring Meeting that includes panelists debating the topic of whether the SOA is failing to equip its members for the role their employees and clients should expect of them.

Description: This 1981 discussion session focuses on funding policy for pension Plans in the United States and Canada from the plan sponsor's viewpoint. Topics include: 1.Alternative uses of cash, 2. Selection of the actuarial cost method, 3. Selection of actuarial assumptions, 4. External constraints such as regulatory constraints, labor agreements, accounting constraints and government contract reimbursement, 5. Use of projections and immunization theory, and 6. The effect of investment strategy on funding policy.