Description: This article discusses the challenges to today's retirement system. As part of the recent Re-envisioning Work and Retirement in the 21st Century symposium, held in Washington, D.C., attendees completed a Delphi survey covering challenges to today's retirement system. This article discusses the benefits of a Delphi survey and the results of this particular one. From Pension Section News, September 2006, No. 62.

Description: Read the February 2018 issue of Retirement Section News published by the Retirement Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: A discussion of where insurance companies and their products fit in the retirement asset market and trends over the past few decades. Some historical data on the insurance companies' share of retirement assets is included.

Description: This paper proposes a mandatory universal pension system MUPS which would be a system of fully portable IRA accounts piggy-backed on to existing Social Security withholding.

Description: Current DC plans do an extremely poor job at managing investment and longevity risk for plan participants. This leads to suboptimal outcomes: retirement income is potentially too low, assets are subject to catastrophic losses and may even run out. Insurance solutions—most notably annuities—address some of these issues, but are expensive and not very much liked by consumers. This paper explores how Enhanced Risk Sharing Savings Accounts (“ERiSSA”), consisting of a combination of individual DC accounts with a collective risk sharing and return redistribution mechanism coupled with deferred annuities, might be able to strike a better overall balance for consumers.

Description: This presentation was made at the 1975 SOA Los Angeles Spring Meeting addressed the impact of ERISA on pensions.

Description: This article focuses on retirement decisions, phased retirement and related policy issues, calling for actuaries to take on leadership roles in retirement public discussion.

Description: Through a review of legislative and policy provisions, this paper highlights national differences in retirement policy and identifies alternative retirement policy strategies. The countries studied are France, Germany, Japan, Sweden, the Netherlands, the United Kingdom, and the U.S. In addition to the traditional tools of retirement policy, normal, deferred and early retirement, other areas of policy with a potential impact on retirement are studied. Data on retirement experience also are presented and discussed. From Transactions of Society of Actuaries 1993, Vol. 45.

Description: Chapter 9 of the Models for Retirement Policy Analysis. This chapter describes SSAIM, which is a policy simulation model of the Old Age and Survivors Insurance and Disability Insurance Social Security programs.

Description: This 1981 discussion session is about pension reform in Canada from three different perspectives- From the government point of view, from the point of view of private plan sponsors, and from the point of view of financial institutions.