Description: This session from the Fall SOA Meeting is about ERISA, the major plan design problems under ERISA and the practical approaches being taken to resolve the problems.

Description: Appendix to report, Variable Uninsured (Value) Life Annuities

Description: This is an Excel workbook that contains detailed reviews of the literature that was searched in the course of a study that explored pre-retirement influences on attitudes and decisions regarding retirement. The research study, conducted by Linda Smith Brothers, reviewed sixty papers written since 1990, and summarized their important points under several categories. The workbook contains a description of the specific categories covered and how they are addressed by each of the sixty papers that were reviewed.

Description: The SOA Research Institute’s Aging and Retirement Strategic Research Program is interested in a broad exploration of issues related to aging and retirement for LGBTQ+ people. In issuing this call for essays, the Program aims to gather perspectives, opinions and data on the short and long-term consequences of applicable aging and retirement issues for a variety of stakeholders -- individuals, partners, family members, employers, financial advisors, and others --- and how these impacts may be felt both directly and indirectly. A primary aspect of this call for essays is to explore how retirement-related outcomes are experienced by LGBTQ+ people and the diversity of experiences within this group. Another aspect is to promote enhanced understanding of the underlying issues surrounding these differences. In this regard, there is interest in furthering understanding from an informational perspective and/or generating ideas for potential solutions and improvements.

Description: Summary of 1998 IRC, PBGC, Federal Income Tax, Social Security, and Medicare Amounts by Heidi R. Dexter from Pension Section News, January 1998, Issue No. 35.

Description: There are two main equity release plans for retirement financing: reverse mortgage plan and home reversion plan. Both plans entitle the home owners to release cash from their properties without leaving their home. In the lease buyback scheme (LBS) recently introduced rin Singapore, the home owner sells the tail-end of the property lease to the government in exchange for a cash payment upfront. Unlike the two main equity release plans, the LBS only allows the owner to stay in the property during the front part of the lease but not for life. In this paper, we propose a hybrid home equity release plan that incorporates both features of the home reversion plan and the LBS. We provide an actuarial framework to analyse the pricing of the hybrid plan. Some numerical illustrations are presented to show the actuarial values of the plan under different parameter choices, such as lease period and portion of property values sold. The hybrid plan provides enhanced flexibility to plan takers to meet their retirement needs.

Description: This article is the second of two parts the first published in the September, 1981 issue of The Actuary and provides a summary of the discussions which took place at Canada’s National Pension Conference. Topics discussed by delegates included the appropriate roles of both public and private sector pension plans in Canada.

Description: Excerpts from the PBGC Actuarial Valuation Report—1999 Fiscal Year by Joan M. Weiss from Pension Section News, June 2000, Issue No. 43.

Description: This webinar will discuss and illustrate professionalism standards in an interactive case study format. The session will begin with a lightning round discussion with audience polling on professionalism topics and standards of investment practice. Participants will then work through several case studies in an investment context, each of which will have its own specific professionalism considerations. Audience polling and discussion will be included as part of each case study.

Description: Discover an introduction to decomposing differences in life expectancy by age and cause of death. Take a look into demographic techniques that decompose life expectancies at birth and older ages into the portions contributed by later age groups and causes of death-. These have been in existence for some time and provide a convenient device for analyzing mortality change over time as well as differences between sexes, countries, and ethnic groups. The methods will be described and illustrated by spreadsheet examples.