Description: Panelists at this session of the SOA 1998 Maui II Spring Meeting discuss details of the turnover assumption for the valuation of pension plans. A recently released SOA Turnover Study is discussed.

Description: This 1981 discussion session focuses on economic assumptions for defined benefit pension plans including: 1. Investment return 2. Salary scales 3. The Spread - Investment return minus salary scale 4. Post-retirement increases 5. Increases in Social Security benefits 6. Effects of inflation and economy on other assumptions 7. Assumptions varying by calendar year

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, presented a discussion on retirement age issues, trends, and assumptions related to pension plans. Also a discussion of factors that affect early retirement elections. Includes discussion of: I. Trends in experience, especially as they may be influenced by: a. Changes in Social Security b. Government regulation, such as Age Discrimination in Employment Act c. Early retirement incentives, such as bonuses or subsidized early retirement factors and d. Cost-of-living supplements to retirees. 2. Plan design for early and postponed retirement. 3. Effects of deferred retirement on actuarial costs. 4. Trends in actuarial assumptions Detailed historical data on UAW, teachers, and Bell company employees' retirement trends is presented.

Description: Presented at April 1985 Spring Meeting. Discusses: Large plan actuarial assumptions, Small plan actuarial assumptions, Conflict between explicit assumptions and plan sponsor's objectives, and Immunization effect on the interest assumption.

Description: What would we do if we could start pension funding all over? Would we have minimums, maximums, solvency-based contributions, the PBGC? What does financial economics say about how plans ought to be financed? From the Record of the Society of Actuaries, Vol. 30, No. 3.

Description: This panel discussion session reported on the status and content of the Actuarial Standards Board standard dealing with the selection of assumptions. The discussion covers what the effects would be on practitioners.

Description: This session discussion is about Pension Committee paper, new minimum funding assumptions, PBGC requirements effect on assumptions and FASB effect on choice of assumptions. From Record of the Society of Actuaries Vol. 14, No. 4B.

Description: This report is a summary of a panel discussion which occurred at the 1980 SOA Spring Meeting in Minneapolis. The panel discussed economic assumptions for pension plans. From Record of Society of Actuaries, Vol. 6, No. 2.

Description: Panel discusses the selection of both economic and demographic assumptions in funding pension plans. They include the impact on selection of economic assumptions from the recently released Actuarial Standard of Practice [ASOP] No. 27, 'Selection of Economic Assumptions for Measuring Pension Obligations.' From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

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