Description: This research report discusses the effect a variation in the interest rate assumption has on a defined benefit plan's costs. From Transactions of Society of Actuaries 1967, Vol. 19, No. 55.

Description: This paper considers a typical retirement endowment plan where an endowment provides for a monthly payment at retirement and units of life insurance prior to retirement and which the amounts of insurance in later years are net level premium reserves. From Transactions of Society of Actuaries 1961, Vol. 13, No. 37.

Description: The purpose of this paper is to describe an actuarially acceptable and mathematically definitive method for allocating gains by source. Followed by a discussion paper submitted

Description: This paper examines some of the methods used to determine the value of the assets held by a pension fund and used in actuarial valuations to determine the required contributions for a pension plan. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 58.

Description: This research study presents the results of termination rates which do not match the pattern of the T tables in use since first produced in the 1950. Documentation of the data included in the study and the supporting observations are set forth in this paper. From the Pension Forum, August 1992.

Description: In the determination of pension costs the actuary normally has available for use several turnover scales which indicate rates of turnover by attained age. This paper attempts to outline broadly one method for classifying selected industries into three groups approximating low, medium, and high turnover levels, so that a more appropriate initial selection of turnover scales may be facilitated. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 58.

Description: The basic goal of this paper is to develop a generalized statement of aggregate actuarial cost methods and relate to it certain ideas developed by Trowbridge, Nesbitt, and others. A secondary goal is to describe practical methods which bear the same relationship to unit credit funding that the 'usual' forms of frozen initial liability and aggregate bear to entry age normal funding. From Transactions of Society of Actuaries 1967, Vol. 19, Pt. 1, No. 53 AB.

Description: It is common for a pension plan to be amended to improve benefits in respects of service after the date of amendment. This will be referred to as a non-retroactive amendment. The application of the entry age normal and projected unit credit cost methods to this situation requires that a decision be made about the way to handle such an amendment. In this paper, these two cost methods and their application to such an amendment are considered in turn. From Actuarial Research Clearing House 1994, Vol. 1.

Description: This research, based on data from regulatory filings in Ontario, with supplementary information from British Columbia and the United States, examines funding valuation discount rates.

Description: This research examines funding valuation discount rates that reflect the expected return on investments in accordance with the pension plan’s investment policy. The research is based on data from regulatory filings in Ontario, with supplementary information from British Columbia and the United States.