Description: This session covers Pension actuaries who are becoming more involved in the administration of defined-benefit pension plans. Along with this work comes special challenges that are different from those seen in more traditional pension actuarial work. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 93PD

Description: This paper is concerned with the implications of demographic and labor force changes for work and retirement. It discusses the role of gradual retirement in introducing flexibility into the range of choices between work and retirement. Part I explains the rationale for gradual retirement. Part II discusses some of the major barriers and possible solutions to gradual retirement. Part III contains some concluding remarks. From the Retirement Implications of Demographic and Family Change Symposium, June 2002.

Description: This is a panel discussion session covering the design of integrated retirement plans including examining the use offset tables, how consultants advise clients during periods of uncertainty, and how plans can be designed to accommodate any changes. From the Record of the Society of Actuaries, Vol.9, No. 2.

Description: This is a presentation on the design of integrated retirement plans. From Record of Society of Actuaries, Vol. 9, No. 3.

Description: This presentation is a concurrent session from the 1980 Meeting of the Society of Actuaries, held May 29-30 in Minneapolis. The panelists discuss the nature of current criticisms of risk classification practices, implications of recent court decisions - Manhart and TIAA-CREF, and the potential adverse implications of eliminating some common classification variables. Discussion from participants is included. From the Record of Society of Actuaries, Volume 6, No. 2.

Description: This paper explores a proposed compulsory savings program combined with transparent investment vehicles designed to promote competition based on expense levels, fund performance and customer service. At retirement 50% of the account is annuitized in Participating Variable Annuity (PVA) backed by TIPS. All investment experience, expenses, and pooled longevity experience is passed to annuitants through periodic benefit adjustments. Annuities are priced uniformly based on age at commencement.

Description: This panel discussion from the 1977 SOA Meeting analyzes pension plan dynamics with Social Security and the Canadian governmental pension plans.

Description: This paper discusses the Total Career Benchmark Model, consistent with Retirement 20/20 principles, focuses on reconstructing and maintaining a consistent and reasonable sharing of risks and rewards amongst the four stakeholders: Individuals, Society, Employers and the Markets. Modern technology provides the necessary tools. A series of benchmarks are used for tax limits, target pensions, accrual to date etc. The self adjusting, consistent benchmarks under the TCB Model, means that all stakeholders speak the same language. Individuals and Employers can easily compare what they have to what they need – and more importantly can see how to accrue what is needed. An individual’s ability to tax shelter income over a career is not dependent on the design of any employer pension plan. All funds allocated to an individual remain the individual’s and are not used to subsidize another person – except for the inherent risk sharing of an annuity – by hidden transfers of value.

Description: This paper discusses the role of gradual retirement in introducing flexibility into the range of choices between work and retirement.

Description: This paper recommends changes to current laws affecting employee benefits, changes that would provide substantial retirement security for these and other contingent workers in Mulitempoyer plans.