Description: The standard for measuring retirement income adequacy has been the final earnings replacement rate (usually targeted at 70%). But - does it work?

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

Description: Thomas B. Lowman's response to the article Reinventing Pension Actuarial Science by Lawrence Bader and Jeremy Gold. From The Pension Forum, January 2003, Volume 15, Issue No. 1.

Description: This article explores how differing sets of seemingly reasonable assumptions can provide materially different results in a pension valuation.

Description: This is a presentation on two current research projects - The Macrodemographic Model and the General Agreement on Tariffs and Trade GATT Mortality Study. From Record of Society of Actuaries, Vol. 22, No. 2.

Description: Article provides an excellent summary of the importance of mathematics, computer models for determining the future for human-based financial security models, and the importance of recognizing how human behavior effects the financial security program.

Description: Measuring the Rate of Retirement in an Interval Beginning with an Eligibility Change Point by William H. Blake, Jr. from Pension Section News, January 1998, Issue No. 35.

Description: Spending down (decumulating) assets during retirement involves complex decisions about which specific assets to liquidate in what amounts, in what order, and at what times. No established methodology exists for making these decisions in individual cases. This paper describes a manual process that individuals can follow, a process that could be automated for wider use.

Description: Discusses two different issues of current concern in the UK: Transfer Values and Personal Pensions.

Description: Comments on Robert North’s paper, a real case study of disclosing MVL in a public employee retirement system.