Description: This discussion from the 1983 SOA Vancouver Meeting looks at recent developments in pensions for the United States including TEFRA and Section 415 limits on defined benefit and defined contribution plans, the taxation of social security benefits, and FASB views on pension assets and liabilities. From Record of Society of Actuaries, Vol. 9, No. 3.

Description: Presented at June 2002 Spring Meeting. Panelists discuss current understanding of interest rate issues in pension plans, recent regulatory changes, adaptation to these changes and possible direction of additional legislation.

Description: This session discussion is about the various pension plan issues which must be considered when buying, selling, or merging a company, including: - Funding issues, - Plan design for a merged or successor plan - Eligibility, coverage, and participation issues - FASB accounting issues - Comparability of plans - Legal and actuarial requirements. From Record of the Society of Actuaries Vol. 15, No. 3B.

Description: Comments to the ERISA Advisory Council by Jeremy Gold from Pension Section News, September 2003, Issue No. 53.

Description: Actuarial Assumptions for Pension Plans Invite Arbitrage The Case of Pension Obligation Bonds by Jeremy Gold from Risks and Rewards Newsletter, September 2000, Issue No. 35.

Description: This session at the SOA 2004 Annual Meeting looks at the future of accounting for pension plans including current standards of practice, global standards, and rules-based approaches versus principle-driven.

Description: The author speculates that the world wide promulgation of fair value accounting standards will make the normal shape of the rate curve downward sloping rather than the upward sloping curve that is normally seen. The author explains why this trend is expected.

Description: The abstract for the paper Never Again

Description: From the Future of Pension Plan Funding and Disclosure Monograph, held July 14-15, 2005 in Washington, DC.

Description: This paper uses arbitrage principles to show that equating expected costs unfairly lowers risk-adjusted costs for early generations and raises them for later generations. The use of expected rather than risk-adjusted returns on risky assets leads to sub-optimal decision making in re asset allocations, wage/pension negotiations, granting of valuable options (skim funds), and costly financing strategies such as Pension Obligation Bonds.