Description: This paper investigates the effect of select birth cohorts on pricing of mortality-based securities, such as survivor bonds, life annuities in general, or portfolios of life annuities.

Description: This paper uses stochastic simulation technology to present a risk metric for defined benefit pension plans that provides improved measures of the plan's solvency and provides a tool for pension plan managers to determine the value of risk mitigation activities. From 2006 Enterprise Risk Management Symposium, M-AS06-1.

Description: This presentation from Session 68 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses Panelists discuss how sponsors of pension plans balance the risks of operating such plans against the needs of other stakeholders such as, employees, shareholders, and government regulatory and guaranty agencies. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: The Aging and Retirement Strategic Research Program is pleased to make available a report summarizing the research phase of a multi-phase project leading to publication of a Conversation Guide to plan for changes in financial capacity and decision-making.

Description: Part 5 addresses various purposes for measuring a public sector pension liability and which measures have the most practical usefulness.

Description: This presentation from Session 82 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses the risks faced by pension plan sponsors, and the role of the actuary in measuring, discussing, managing, and mitigating these risks. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: The current financial model put forth as the market value of public sector pension benefit liabilities is simply the expected cash flows of the accumulated benefit obligation, as defined for current private sector financial reporting, discounted using a risk-free yield curve. This model is in serious need of an overhaul. This monograph addresses this issue.

Description: This research report summarizes current research on retirement adequacy and compares different measures.

Description: This issue of The Retirement Forum presents the four prize-winning papers from the Retirement 20/20 Call for Models for Public Pension Plans Contest, which was conducted in 2018, and includes commentary from reviewers of these papers and replies from the authors.

Description: Read the June 2019 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.