Description: Panelists discuss current trends in the design of retirement programs. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: This presentation is Part II of a two part series arranged by the Society of Actuaries Futurism Section. Part I discussed the demographic changes, business restructurings, changing social values, and changing government roles that are predicted to occur in the next 20 years. Part II discusses the effects these changes are expected have on retirement plans and retirement security. From the Record of the Society of Actuaries Vol. 20, No. 3A.

Description: Panelists discuss recent changes in the design of retirement benefits programs. Topics include design trends in: · Public employee retirement systems · Multiemployer retirement programs · Executive compensation plans · Effect of mergers and acquisitions on retirement systems design From the Record of the Society of Actuaries, Volume 26, No. 1, Session 56IF

Description: Defined contribution DC plans are often touted as being far easier for employees to understand than defined benefit DB plans. This may be true during the accumulation phase, but it is not necessarily so at retirement. Many DC plan members have little understanding of converting their DC account balances into income streams at retirement. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 120pd.

Description: This 1982 discussion session addresses three questions: 1. How will continued high rates of inflation affect the financial needs of retired persons, both absolutely and in comparison with other segments of the population?, 2. What effects will there be on the age of retirement and the need for retirement income?, and 3. To what extent will these needs be met from social programs, private plans or individual savings?

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, presented a discussion on retirement age issues, trends, and assumptions related to pension plans. Also a discussion of factors that affect early retirement elections. Includes discussion of: I. Trends in experience, especially as they may be influenced by: a. Changes in Social Security b. Government regulation, such as Age Discrimination in Employment Act c. Early retirement incentives, such as bonuses or subsidized early retirement factors and d. Cost-of-living supplements to retirees. 2. Plan design for early and postponed retirement. 3. Effects of deferred retirement on actuarial costs. 4. Trends in actuarial assumptions Detailed historical data on UAW, teachers, and Bell company employees' retirement trends is presented.

Description: This session from the 1983 SOA Hollwood, Florida Meeting discusses early retirement incetive programs otherwise known as open windows or golden parachutes. It reviews the purpose of these programs, the window period, the benefits, advantages and disadvantages, the accounting issues and the implementation of an actual program.

Description: This discussion on retirement benefits looks at plans most suitable for the smaller company and if it is practical to provide hospital and surgical benefits to retired employees and their dependents. From Transactions of Society of Actuaries 1953, Vol. 5, No. 12.

Description: This panel discussion session focuses on the impact of double-digit inflation on pension plans including the impact on assumptions, design, prefunding of post-retirement indexing and prefunding of flat benefit plans. From Record of Society of Actuaries 1980, Vol. 6, No. 4.

Description: This discussion focuses on developments current to 1961 in pensions, including plans with variable benefit payments. From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.