Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

11 - 15 of 15 results (0.5 seconds)
Sort By:
  • Design and Actuarial Aspects of Deferred Retirement Option Programs: Glossary
    of mixed annuity plus lump-sum option that has the same present value as the regular annuity-only benefit ... DROP lump sum and no longer earning a traditional annuity accrual. DROP ratio: The ratio of the present ...

    View Description

    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 7: Employer Issues
    relied on them in retirement planning” (August 18, 2000 Testimony of Norman Stein, professor, University ... the DROP lump-sum account for every $1 of DROP annuity) were used to keep the DROP ratio at close to 100% ...

    View Description

    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 3: History, Experience, and Case Studies of DROPs
    participation period. One-hundred percent of the frozen annuity is added to the DROP account. Participants are ... noted that some alternate annuity forms could take the benefit below 50% after J&S form conversion factors ...

    View Description

    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 1: Background
    is typically defined as the accumulation of the annuity benefit the participant would have been entitled ... the DROP lump sum, a member must give up future annuity accrual2, often of approximately equal value to ...

    View Description

    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 5: IRS and Administrative Isssues
    This would be a problem since the retirement annuity amounts (“contributions”) can often exceed the ... benefit limits. The annuity equivalent of the DROP lump sum plus the DROP annuity are generally added ...

    View Description

    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans