Description: The methods of pension funding are generally understood, but references in the actuarial literature are rather sparse. This paper attempt, in some measure, to get at least the fundamentals of pension funding into the actuarial literature. From Society of Actuaries 50th Anniversary Monograph, M-AV99-1.

Description: The author discusses the relationship between turnover rates and compensation levels. From The Pension Forum, January 2003, Volume 15, Issue No. 1.

Description: This study summarizes the results of the the Society of Actuaries' Non-Mortality Decrement Task Force data collection effort of plan turnover data for years 1994-2000. Service, by itself, seems not to be a good predictor of retirement. Service and age are each good predictors for termination it is found. The report is designed to offer actuaries information about turnover as it pertains to defined benefit plans.

Description: Capital Market Assumptions—The Past Performance Future Returns Debate by Jane Arnold and Jennifer Donnelly from Pension Section News, November 1998, Issue No. 38.

Description: This paper investigates salary functions as they are used in the valuation of pension plans. Pension actuaries may find many of the ideas in this article useful. Moreover, the paper may be interesting to researchers in actuarial science. The main conclusion of this paper is that salary functions, as derived from the parametric models, yield gains and losses that can be quite small and, in some cases, less variable than non-parametric methods. From Actuarial Research Clearing House 1998, Vol. 1.

Description: SOA Asset Valuation Method Survey Results by Jim Paterson & Larry Pinzur from Pension Section News, June 1999, Issue No. 40.

Description: Chapter 6 summarizes the findings for key actuarial assumptions in each of the following categories: active mortality, disablement rates, withdrawal rates, retirement rates, retiree mortality, disabled mortality, interest rates, salary scales, actuarial cost methods, ans asset valuation methods. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: Discounted Value Returns: Actuarial Principles Applied to Performance Analysis. From The Pension Forum, August 2001, Volume 13, Issue No. 1.

Description: This 1981 discussion session focuses on economic assumptions for defined benefit pension plans including: 1. Investment return 2. Salary scales 3. The Spread - Investment return minus salary scale 4. Post-retirement increases 5. Increases in Social Security benefits 6. Effects of inflation and economy on other assumptions 7. Assumptions varying by calendar year

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, presented a discussion on retirement age issues, trends, and assumptions related to pension plans. Also a discussion of factors that affect early retirement elections. Includes discussion of: I. Trends in experience, especially as they may be influenced by: a. Changes in Social Security b. Government regulation, such as Age Discrimination in Employment Act c. Early retirement incentives, such as bonuses or subsidized early retirement factors and d. Cost-of-living supplements to retirees. 2. Plan design for early and postponed retirement. 3. Effects of deferred retirement on actuarial costs. 4. Trends in actuarial assumptions Detailed historical data on UAW, teachers, and Bell company employees' retirement trends is presented.