Description: This presentation was made at the 1975 SOA Los Angeles Spring Meeting addressed the impact of ERISA on pensions.

Description: This presentation made at the SOA 1975 New York meeting highlights the passage of ERISA and points up the desirability of formulating principles and practices for pension plan construction and valuation. A committee of the American Academy of Actuaries is in the process of developing principles and practices.

Description: This essay explores the role that the emerging defined contribution retirement system may be playing in the growth of wealth inequality in the United States. The current system leaves many Americans with little or no retirement savings. Those with higher accumulation levels appear to invest proportionally more in equities, which may have an exponential effect of balances over long time periods. The author hypothesizes that willingness to take investment risk involves the relationship between the amount an investor has accumulated and what she/he needs in order to cover basic costs of living. This is one reason that investors with greater accumulation levels may be able to earn higher rates of return. The essay concludes by suggesting that the U.S. defined contribution system should include all workers and provide additional fiduciary guidance. Examples reforms, both in the U.S. and other countries, are provided.

Description: This presentation made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries and it highlights the actuary as the architect in the pension planning field which includes the following tasks: designs the plan, determines its cost, and sees to it that it is put into operation effectively.

Description: This paper reports on the status of the Welfare Plan Disclosure Acts in states and plans subject to the law. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: Article from The Actuary, April 1986, Volume 20, No. 4 is an editorial on later retirement. There is indication that workers may eventually stay in the work force longer based on the 1983 amendments to the Social Security Act.

Description: Feature article discussing the changes France made to its pension systems in 2010, with some history.

Description: Description of Social Security COLA for December 2020 and wage-indexed program parameters for 2021.

Description: This article discusses the challenges to today's retirement system. As part of the recent Re-envisioning Work and Retirement in the 21st Century symposium, held in Washington, D.C., attendees completed a Delphi survey covering challenges to today's retirement system. This article discusses the benefits of a Delphi survey and the results of this particular one. From Pension Section News, September 2006, No. 62.

Description: This session from the 1995 SOA Boston Meeting focuses on recent legislative and regulatory developments in the U.S. including new IRS regulations, the Department of Labor, the SEC, the new CPI table and court decisions. From the Record of the Society of Actuaries, Vol. 21, No. 4b.