Description: This paper considers a defined contribution DC plan, a cash balance plan, and traditional defined benefit DB plan with equal expected value at the assumed retirement age. Using utility as a measure of risk and participant preferences, the designs are particularly well suited to minimize participant risk, particularly while employees are accumulating retirement assets. From Cash Balance Symposium Monograph, M-RS02-3.

Description: This page presents the Table of Contents to the Price, Waterhouse study. From Study of Public Financial Guarantee Programs, M-FI96-2.

Description: This paper evaluates the quality of International Database on Longevity IDL data according to several criteria, such as the country of residence or the validation process undertaken, and then provides an estimation of the mortality trajectory up to age 114. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: In this paper we present a large-scale study of the Medicare Part B mortality experience over the entire decade of the 1990's based on the Social Security Administration's Master Beneficiary Record, and featuring an extensive effort to edit the microdata, particularly by comparison with other data files.

Description: The Living to 100 monograph is composed of the papers, essays, panel discussions, teaching and keynote sessions presented at the symposium.

Description: Discussion of three papers presented at Living to 100 and Beyond symposium. Papers discussed: Paper by Ken Faig on how the Social Security Administration's Master Death File can be used as a resource to investigate mortality at later ages, paper by Kestenbaum and Ferguson on how to improve the quality of the information available on old age mortality, and paper by Gallop on older age mortality in the UK derived from public pension data.

Description: This paper presents a statistical analysis of advanced age mortality data, using extreme value models to quantify the upper tail of the distribution of human life spans. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Presented at Living to 100 symposium, January 2011. Using data from Social Security's Death Master File, this study shows that mortality deceleration in humans observed at advanced ages may be an artifact caused by age exaggeration, data heterogeneity or use of improper estimates of hazard rate. The phenomenon of mortality deceleration at older ages vanishes for datasets of higher data quality.

Description: Paper discusses the possible effect of outliers on the mortality index from the Lee-Carter Model. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper attempts to gather information regarding various components of the Canadian retirement income system, and to quantify the impact on the system of unanticipated morality improvements, particularly at age 65 and over, and of lower than expected equity returns. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.