Description: This session from the 1976 SOA Spring Meeting is about ERISA, determination of value, enrolled actuary, FSA, particular designation and applicable responsibilities.

Description: This article contains reviews of the following books published in 1992 and 1993: 1. 'Demography and Retirement' by Anna M. Rappaport and Sylvester J. Schieber, 2. 'Health Insurance Answer Book' by John D. Reynolds and Robin N. Bischoff and 'Health Insurance Answer Book, 1993 Cumulative Supplement' by Thomas A. Darold, and 3. 'Value of Pensions in Divorce' by Marvin Snyder. From Transactions of Society of Actuaries 1993, Vol. 45.

Description: This session presented creative approaches to plan design.

Description: 1993 SOA Annual Meeting, New York. This session covered case studies that presented discussion items in the area of professional ethics as related to pensions.

Description: An increased focus on pension plan cost and risk management has led plan sponsors to pursue innovative plan designs. This, in turn, is driving the need for actuaries to utilize new approaches to modeling the underlying market risks of such plan designs. The presenters will discuss advanced techniques to pension plan cash flow modeling that will ensure that the risks embedded in complex plan design features are fully captured. Specifically, a new dimension to cash flow modeling, benefit commencement year (in addition to payment year), will be introduced as well as the concept of 'collapsible' cash flow. Case studies will illustrate how techniques can be used in practice for cash balance plans, pension equity plans and other lump sum paying plans. Other risks such as form of payment and longevity will also be covered. This session is intended to meet the needs of actuaries and investment consultants focused on providing advice on risk management and investment strategy to sponsors of pension plans with complex design features.

Description: With freezing and termination of DB plans, there is a growing void in retirees' retirement planning that can best be solved by annuities. The presenters will discuss different ways that annuities can be used to provide retirement income in DC plans. They will also cover industry trends and the challenges of associated with adding annuities within DC plans

Description: Near the end of a pension plan's lifespan, after benefit accruals have ceased and the plan has reached fully funded status, a plan sponsor has the option to begin the plan termination process immediately or to maintain the plan for an extended period of time (often referred to as 'hibernation' as an alternative to termination). While immediate termination appeals to some plan sponsors, others choose hibernation for a number of reasons, including paternalism, fiduciary obligations, perceived cost differentials or simple inertia.

Description: This session will highlight the mortality experience of a large set of private pension plans in the United States for experience years 2010-2014.

Description: Papers: Retirement Strategy Metrics – Mark Shemtob, FSA, MAAA, EA, MSPA, FCA A Review of the Demography of Retirement in the United States – Jacob S. Siegel

Description: This paper provides a summary of the Retirement Annuities Act of the Government of Alberta which came into force on July I, 1951. Two main purposes are served by the Act. The means are provided by which any Canadian citizen who has been resident in the Province of Alberta for the past three years may purchase a retirement income on very attractive terms. Further, the funds received under the Act will be loaned to municipalities for local improvements, at lower rates of interest than could be obtained on their own security. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.