Description: Issued in 2004 with provisions effective in 2006-2009, the United States accounting standard, GASB 45, requires local and state governments to account for their post-retirement medical and life insurance programs on an accrual basis for the first time. This standard is creating new demands for actuarial services. This article is written for the experienced private sector post-retirement medical plan actuaries with a strong FAS 106 background who are now working on GASB 45 valuations. For these actuaries, there are many similarities between a FAS 106 valuation and a GASB 45 valuation, but there are also many differences.

Description: This article reviews the proposed new accounting standards for pensions for governmental plans. From the Pension Section News, October 2011, Issue No. 75.

Description: This article discusses plans and processes for adequate funding for pension plans.

Description: SMI Trust Fund: Estimates under Alternative II Assumption for Aged and Disabled Excluding End-Stage Renal Disease Enrollees from Pension Section News, October 1999, Issue No. 41.

Description: this article provides a detailed, comprehensive and independent analysis of the impact of introducing the single-tier state pension.

Description: Is the New CPI Different? Implications for Pension Plans by Todd Rutley from Pension Section News, June 1999, Issue No. 40.

Description: Read the June 2017 issue of Pension Section News published by the Pension Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The author provides an overview of the symposium and highlights the material of particular interest to pension actuaries. From the Pension Section News, September 2008, Issue No. 68.

Description: This article describes the basic methodology and assumptions used in the estimates for the SMI trust fund under the intermediate assumptions. From Pension Section News, September 2004, Issue No. 56.

Description: This article summarizes 2005 cost-of-living adjustments related to employee benefit plans, including: 1. IRS limits applicable to retirement plans, transportation fringe benefits, adoption assistance programs, medical savings accounts, health savings accounts, high-deductible health plans and long-term care plans, 2. PBGC guaranteed benefits, 3. federal income tax factors, 4. Social Security and Supplemental Security Income, 5. Medicare, and 6. covered compensation. From Pension Section News, January 2005, Issue No. 57.