Description: This article covers a session at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries. It discusses the following issues: allocation of plan termination liabilities, reports between triennial valuations, actuarial certification, changes in assumptions and Canadian requirements. 1975 Record Vol. 1, No. 3

Description: A comparison of recently used mortality assumptions among state-based and large-city public pension plans to the Pub-2010 Mortality Tables.

Description: Statistics about funded status for AFTRA multiemployer pension plan

Description: Statistics about funded status of Major League Baseball players' pension plan.

Description: Article Book Review The Future Of Risk by Calvert in The Actuary, December 1979, Volume 13, Number 10

Description: Statistics about the National Basketball Association Players’ Pension Plan and its funded status.

Description: Pension stats sheet for the Motion Picture Industry Pension Plan

Description: In this paper, we derive three important longevity Greeks on the basis of an extended version of the Lee-Carter model that incorporates stochastic volatility.

Description: A frustrating aspect of pension funding rules for U.S. plan sponsors is that contribution requirements are adversely correlated with business cycles. For example, not only did plan sponsors get hit with large contribution requirements in the perfect storm of the early 2000s, but many sponsors were prohibited from contributing in the late 1990s boom due to full funding limitations. This is the abstract of a paper that proposes that plan sponsors be allowed to contribute the normal cost as a deductible contribution each year. In hindsight, this would have allowed plan sponsors to pay for benefits as they accrued in the late 1990s and ultimately mitigated some of the crash of the early 2000s. The authors aim to demonstrate that a contribution policy allowing contributions to be at least equal to the normal cost will result in less volatility of contributions and improve the funded status over time.

Description: This paper analyzes the likely increase in volatility for a representative plan and then considers the implications of adopting a hedged portfolio as a means of reducing the increased volatility. It then analyzes the effects of adopting a stochastic funding method which represents a simple extension of traditional expected value funding methods. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.