Description: Mortality is a fundamental element in the financial projections of the finances of social security programs around the world. Prominent actuaries from the U.S. Social Security Administration, Canada's Office of Superintendent of Financial Institutions and the U.K. Government Actuary's Department will discuss some of the key factors and current issues associated with these projections. Improving mortality has and will have a significant effect on the affordability and importance of income through retirement to many population segments in these countries.

Description: Join us for an Economic Outlook Panel that will explore topics like "what are markets saying about likelihood and severity or a recession?" and "how is inflation impacting investment decisions?" Our investment experts speaking at this panel have backgrounds in asset management, insurance and pensions and plan to speak on current macroeconomic trends and their impact on the market. Audience members will have the opportunity to participate and ask question during this live webcast. Prepare for a lively conversation with a panel focused on impacts of our economic environment.

Description: How might retirement income strategies be designed, and their suitability assessed, when retirees may differ substantially in their objectives, preferences and personal circumstances? This webcast provides a wide-ranging overview of the key elements involved in formulating retirement strategies, drawing on the “Primer on Retirement Income Strategy Design and Evaluation” that was recently released by the SOA. It will cover three types of income objective – income floor, income target and income optimization – and how they imply different retirement strategies along with a different set of metrics to evaluate outcomes. It will also touch on: key member attributes to account for; the nature of income risk; approaches to investing and drawing down on available assets to generate income; and how stochastic modelling can support the analysis. This webcast should deliver something of interest for all attendees, regardless of prior familiarity with strategies for retirement.

Description: This webcast provides an overview of the key provisions of the recently enacted SECURE 2.0 Act of 2022, which significantly changed the rules that apply to qualified retirement plans and IRAs. The presenters will examine a history of the legislation and focus on some of the key provisions of the Act. In particular, we will discuss provisions that give individuals more flexibility on how they will contribute to their retirement accounts and provisions that provide new ways for individuals to save. Explore certain significant structural changes to the rules such as the automatic enrollment for new plans and the elimination of lifetime RMDs for designated Roth accounts. The panel will also focus on the provisions that provide greater access to retirement funds through new distribution exceptions and how this might affect a company’s reporting obligations. Come learn about some of the relief provisions included in SECURE 2.0, including an expanded EPCRS program to cover errors relating to IRAs.

Description: The Society of Actuaries Research Institute is pleased to make available a report that aims to understand the cause of low annuity demand through the angle of mortality model uncertainty.

Description: This study explores whether public pension plans have contributed enough to reduce unfunded liabilities, absent other influences such as investment returns.

Description: Based on work performed by Bob Howard, a former member of RPEC, the SOA developed a spreadsheet-based program that allows users to create a customized mortality improvement scale using the RPEC_2014 model. The RPEC_O2_v2018 model found here utilizes the same projection methodology underpinning the RPEC_2014 model except that the historical rates have been developed using “order-2” Whittaker-Henderson graduation rather than “order-3”.

Description: In the U.S., public pension plans vary dramatically in size, complexity, funding position and more. The discussion will start by going over the current status of public plans within the U.S. You will then quickly dive into case studies on two systems, the South Dakota Retirement System and the Wisconsin Retirement System. Both systems use variable benefits or risk sharing measures to control contributions and achieve long term sustainability in a purposeful and stable fashion. During this webcast, you will learn about: The funding approach Historic success Future perspectives of the two retirement systems

Description: Despite its significance, longevity risk in the U.S. market has historically received fairly little attention, especially in international comparison, but the tide seems to be turning.

Description: Investing for retirement in other countries is different from investing for retirement in the U.S. and Canada. In developing countries, there are fewer investment opportunities and domestic markets are smaller and less liquid. National retirement systems may be established in part to support government debt issuance and to help develop domestic capital markets. Investment policy objectives tend to evolve over time as a country and its retirement system(s) develop together. Come broaden your horizons by painting a picture of a different investment paradigm than you are used to using examples from many countries around the world.