Description: Abstract of a paper examining the degree to which certain actuarial methods satisfy public pension plan funding objectives.

Description: The abstract for the paper Improving Pension Funding: What's in It for me?

Description: The abstract for a paper that examines the history and current problems of the Pension Benefit Guaranty Corporation PBGC. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1 and The Future of Pension Plan Funding and Disclosure Symposium, held July 14-15, 2005 in Washington, DC.

Description: Abstract for a paper that attempts to identify defined benefit plan design principles that provide valuable employee benefits at reasonable costs. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1. Presented at The Future of Pension Plan Funding and Disclosure Symposium held July 14-15, 2005 in Washington, DC. This monograph is a case study.

Description: This abstract describes a paper that proposes a stochastic population structure model based on the Leslie matrix, in which a Lee-Carter model framework is used to describe the future mortality and fertility changes.

Description: The abstract for the paper Never Again

Description: The abstract for the paper Tax Considerations in a Mandatory Universal Pension System.

Description: This excerpt from the 2001 Annual Report of the PBGC provides greater detail concerning the valuation of future benefits than is presented in the PBGC's annual report.

Description: The Defined Benefit 'DB' underpin Defined Contribution hybrid pension plan offers an attractive combination of benefit security and upside potential for pension plan members, and offers cost containment for employers, whilst still ensuring the provision of adequate equitable benefits. The DB underpin guarantee is valued and hedged as a financial option within the traditional funding paradigms of actuarial science. However, the average monthly hedging costs are time dependent and can be unstable when employees are close to retirement. This is the abstract of a paper that proposes some cost control approaches to reduce the volatility of the hedging cost.

Description: This is the abstract of a paper that addresses the question of how an employer can offer phased retirement in such a way that, indeed, employees work longer before fully retiring.