Description: This overview of the pros and cons of individual accounts and the paygo system was offered by two speakers at the 1999 symposium, “Impact of Social Security Privatization on Retirement Income. From: The Actuary, September 1999 – volume 33 - Issue 7.

Description: The article notes that the “Terminology Report of the Committee on Pensions of the Society of Actuaries was initially undertaken to assist the Academy’s Principles and Practices Committee with recommendations it had been preparing. As indicated in the exposure draft of the Terminology Report distributed in March 1975, the scope of the project was subsequently broadened.” It then summarizes recent developments and recommendations.

Description: Retirement benefits have become a seamless worldwide web. Thus actuaries who go to war in the international arena are painfully aware of the impact of U.S. technology on the battlefield. The debut of that awesome awful weapon, ERISA, and all its derivatives has persuaded many countries to adopt counterparts.

Description: This article is a summary of a paper called Valuation of Final-Salary Pension Schemes by R. B. Colbran, F.I.A. submitted to the Institute of Actuaries in London last April. It includes a review of major ways in which United Kingdom and North American actuaries differ in their approaches of valuing these plans.

Description: This article is the first of two parts - the second part published in the December, 1981 issue of The Actuary - and provides a summary of Canada’s National Pension Conference. The author of this article, a participant at the conference, notes that the prevailing view in Canada is that the government and employer, not the employee, jointly share the responsibility of providing financial security in old age.

Description: Review of pamphlet entitled Retirement Income in the United States - A Case for the Composite System. It covers, among other items, the relationship of the three major sources of retirement income in the United States - individual savings, group retirement plans, and Social Security. The conclusions reached ar

Description: This article presents an overview of current research related to both public and private retirement income security.

Description: This article discusses index-linked securities, in light of the recent “Inquiry into the Value of Pensions” a committee set up by Prime Minister Margaret Thatcher “to consider the value of the differences in inflation protection of private pensions and job security, comparing those for civil servants with others.” The committee endorsed index-linked pensions for civil servants and private sector, and as a result the U.K. government issued index-linked bonds for the use of pension plans.

Description: The Actuary Vol. 22, No. 1. This article encourages the proliferation of pre-retirement counseling programs and provides the author's views of the components of a successful program.

Description: A humorous take on pension nomenclature lets use jubilation versus retirement.