Description: The standard for measuring retirement income adequacy has been the final earnings replacement rate (usually targeted at 70%). But - does it work?

Description: A new retirement option has been added to the defined benefit plan for federal workers to allow retirees to work part time while receiving part of their pension benefit.

Description: This article discusses the affects of the Pension Protection Act of 2006 PPA primarily in relation to defined benefits pension DB plans.

Description: Comments on Robert North’s paper, a real case study of disclosing MVL in a public employee retirement system.

Description: The article explores options for defined-benefit retirement plan sponsors to transfer pension risk, focusing on recent trends in the United Kingdom.

Description: Book review of a book on pensions written by Ralph Nader and Kate Blackwell. Review is relatively balanced, yet clearly points out the shortfalls of the analysis put together by Mr. Nader and Ms. Blackwell.

Description: The pension and longevity risk transfer market is growing rapidly, with British-pioneered pension and longevity de-risking emerging outside of the UK and US, with over $270bn in transactions completed globally since 2007. Emerging markets include the Netherlands, Germany, Switzerland, France and Australia. This article describes the solutions available to plan sponsors who are looking to secure member benefits and achieve a lower risk future, and provides real-world examples of companies who have used innovative solutions to meet their unique needs.

Description: This article is a review of the book “Pension Mathematics with Numerical Illustrations,” by Howard E. Winklevoss. The stated objective of this book is to analyze pension costs in detail, including the manner in which such costs vary under different actuarial assumptions, funding methods, and benefit provisions. The reviewers conclude the book is “probably most useful as a basic reference to those interested in pension cost relationships, examined from a theoretical and mathematical viewpoint.”

Description: A response to the comments on the paper.