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: Discussion of LTC insurance product developments being spurred by recent demographic and regulatory trends, especially combination products such as LTC benefits with disability income, annuities, and life insurance. Several viable product styles are considered, along with the pros and cons of each.

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 session is about portability of pensions. From Record of Society of Actuaries Vol. 20, No. 1.

Description: Panelists discuss programs that provide retirement benefits for executives in the United States and Canada, including the pros and cons of available financing vehicles SERPs and the impact of governmental requirements and proposals. From the Record of the Society of Actuaries, Volume 29, No. 3, Session 114pd.

Description: The pros and cons of both types of plans are debated, employer and employee objectives are highlighted , and the range of hybrid plans also will be included. From Record of the Society of Actuaries Vol. 12, No. 1.