Description: This discussion is about current practices and focuses primarily on a paper currently being written by the Committee on Pension Principles and Related Research regarding interest rate selection. From Record of the Society of Actuaries Vol. 12, No. 1.

Description: This presentation of the panel discussion from the 1977 Record of the SOA Vol. 3 No. 4 examines pension valuation and assumptions particularly assumption setting for Social Security Benefits, assumptions and methods for smaller plans, early retirement assumptions and funding of supplementary benefits, gain/loss and valuation assumptions.

Description: Panel presents various types of valuation methods used in pension valuation and issues that should be considered in the choice of a method. From the Record of the Society of Actuaries, Vol. 23, No. 1.

Description: This article describes a simplified problem in pension plan financing and presents two questions about how it can be modeled. Answers to these questions will be discussed and their implications for traditional actuarial models will be presented in Part 2 of the article in the following issue of the newsletter.

Description: It is common for a pension plan to be amended to improve benefits in respects of service after the date of amendment. This will be referred to as a non-retroactive amendment. The application of the entry age normal and projected unit credit cost methods to this situation requires that a decision be made about the way to handle such an amendment. In this paper, these two cost methods and their application to such an amendment are considered in turn. From Actuarial Research Clearing House 1994, Vol. 1.

Description: This research examines funding valuation discount rates that reflect the expected return on investments in accordance with the pension plan’s investment policy. The research is based on data from regulatory filings in Ontario, with supplementary information from British Columbia and the United States.

Description: This paper develops the theory for an exactly vested defined benefit model plan and is contrasted with the theory for a pure pension plan. From Actuarial Research Clearing House, 1978 , Volume 2.

Description: This panel discussion examines pension plan dynamics including social security integration, benefit and cost projections under dynamic assumptions, and best estimate limitations. From the 1977 Record of the Society of Actuaries, Vol.3 No.3.

Description: Informal discussion of session 1A

Description: The Statement of Financial Accounting Standards No. 87. Employers’ Accounting for Pensions, became effective in 1987. This is an accounting/actuarial standard with significant income statement and balance sheet implications. This article discuses the results of a survey of selected affected companies regarding the impact of this standard.