Description: This article focuses on retirement decisions, phased retirement and related policy issues, calling for actuaries to take on leadership roles in retirement public discussion.

Description: Article discusses how middle class Americans are doing in saving for retirement, sources of incomes and results of the Survey of Consumer Finances.

Description: How can we manage decumulation in an era of Defined Contribution plans? Marketing and incentives for annuity conversion, pooled-type retirement plans plus developing a "Social Security longevity annuity" can all be pieces of the solution.

Description: Discusses a wide range of issues related to financial decision making and aging. Includes discussion of cognitive decline, fraud and poor decisions. Brings in role of technology and tools.

Description: In 1995, Mexico replaced the public pay-as-you-go system by a privately managed system based on individual accounts. This paper analyzes the causes that made necessary the reform of the old Mexican pay-as-you-go pension system. A description of the modifications and current situation of the pension system also are discussed. The paper concludes that although the pension system has been modified during the last few years, there are still some weaknesses that have to be corrected to provide an appropriate retirement benefit to workers.

Description: Chapter 6 of the Models for Retirement Policy Analysis. This chapter describes DYNACAN, a dynamic microsimulation model developed and maintained in the Office of the Chief Actuary OCA of the Canada Pension Plan. It simulates the basic demographic and economic events relevant for calculation of CPP contributions and benefits. The strengths and limitations of the approach are addressed as well as accessibility and ease of use.

Description: This presentation made at the SOA 1975 New York meeting highlights the passage of ERISA and points up the desirability of formulating principles and practices for pension plan construction and valuation. A committee of the American Academy of Actuaries is in the process of developing principles and practices.

Description: Chapter 1 describes important changes in Mexico in the 1990s such as re-privatization of banks, relaxed financial regulation, membership in NAFTA and OECD, and political change at the federal level. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: A discussion of where insurance companies and their products fit in the retirement asset market and trends over the past few decades. Some historical data on the insurance companies' share of retirement assets is included.

Description: Revised pages for the RP-2000 Mortality Tables Report dated April 2000.