Description: Panelists at this session of the SOA 1998 Maui II Spring Meeting discuss details of the turnover assumption for the valuation of pension plans. A recently released SOA Turnover Study is discussed.

Description: This panel discussion, which occurred at the April 1982 Society of Actuaries meeting in Orlando, presented a discussion on developments related to employer's accounting for pensions and other post-employment benefits.

Description: This session discussion is about application of actuarial analysis and models to evaluate investment features. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: The presenters will provide an update on discount rates developed from the expected return on assets used in going concern pension funding. They will include recent research on discount rates being used for U.S. public sector plans, U.S. Multiple Employer Pension Plans, and Ontario and British Columbia plans. A discussion of the emerging regulatory framework in Canada and the U.S. and changes to ASOP 4 and 27 will also be covered. Components of discount rates such as expenses and margins (PfADs) will also be covered.

Description: This 1981 discussion session focuses on economic assumptions for defined benefit pension plans including: 1. Investment return 2. Salary scales 3. The Spread - Investment return minus salary scale 4. Post-retirement increases 5. Increases in Social Security benefits 6. Effects of inflation and economy on other assumptions 7. Assumptions varying by calendar year

Description: This paper attempts to reduce several variables to their bare minimum and to investigate how the cost of vesting depends upon those few that remain. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 1, No. 70.

Description: This session discussion is about benefit assumptions underlying current liability. What is included and purpose assumptions of current liabilities. From Record of the Society of Actuaries Vol. 15, No. 3B.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The panelists discuss the considerations and factors in selecting an interest rate assumption for a pension plan, looking at the Employee Retirement Income Security Act, ‘ERISA,’ the Financial Accounting Standards Board, ‘FASB,’ current liability, the effect of Internal Revenue Service, ‘IRS’ audit guidelines and audit programs, and the effect of other assumptions. Discussion from participants is included. From the Record of Society of Actuaries Vol. 17, No. 3A.

Description: This paper shows how gain and loss formulas for pension plans may be developed precisely from definitions of the unfunded accrued liability and the normal cost rate. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: This session discussion is about Pension Committee paper, new minimum funding assumptions, PBGC requirements effect on assumptions and FASB effect on choice of assumptions. From Record of the Society of Actuaries Vol. 14, No. 4B.