Description: This is the abstract for a paper that seeks to construct a new system for pension funding that balances the needs of all the pension stakeholders. The paper presents a system that supports plan sponsors’ needs for predictable and relatively smooth contribution streams with the needs of the PBGC, pensioners, and taxpayers for a well-funded system. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: Abstract paper for Optimal Retirement Age.

Description: When people retire, purchasing the annuity insurances using their retirement fund is one way against the longevity risk. However, it has some shortcoming- the annual payment may be insufficient for daily life consumption and can’t be adjusted for any urgent need [liquidity risk]. This is the abstract of a paper that investigates the adequate annuitization timing and optimal asset allocation under different investment strategies that can be found according to a time-series of safety level as a utility function for a retiree.

Description: This abstract describes a paper that studies operational characteristics of a group pension scheme with fixed annual contributions and variable benefit accruals. From Actuarial Research Clearing House, July 2010.

Description: The abstract for paper Actuarial Consideration in Establishing Gradual Retirement Pension Plans.

Description: The abstract for a paper that talks about shifting from defined benefit to defined contribution plans and the risk involved.

Description: The is the abstract for a paper that discusses retirement planning information and the signals it provides. It focuses on the issue of communicating lump sum versus income benefits. It discusses challenges in communicating income benefits and provides some alternatives.

Description: An excerpt from the 2002 Annual Report of the Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds which describes the basic methodology and assumptions used in the estimates for the intermediate assumptions. Also, projections of program costs are presented under two alternate sets of assumptions.

Description: This section presents book reviews and summaries of recent publications on a variety of topics.

Description: Abstract of paper that discusses a new funding method that would make the recommended contribution for funding purposes for public DB plans subject to an overriding minimum contribution OMC calculation.