Description: Tom Terry, FSA, FCA, MAAA, EA, who founded Chicago Consulting Actuaries in 1991, is interviewed by Sam Phillips in this article. The discussion explores how and why Terry started his own business, the opportunities and risks involved, innovations his firm has come up with, and the future of pension consulting. The article includes advice for those interested in starting their own business.

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: This article presents highlights from a Roundtable Discussion held at the 2008 Annual Conference of the National Academy of Social Insurance - NASI. Some issues discussed are the results of the SOA 2007 Survey on the Risks and Process of Retirement, the phases of retirement and the changes during retirement as a function of changing health and capability, age, changing family status and employment status.

Description: This article highlights the activities of the SOA and its newest retirement issues report, 'The Phases of Retirement and Planning for the Unexpected.' It describes the three separate phases or stages of retirement.

Description: Book review: Demography and Retirement in the 21st Century by Anna M. Rappaport and Sylvester J. Schieber. Congratulations are given to the editors and the pension Research Council for presenting important questions and discussions about our future.

Description: A humorous take on pension nomenclature lets use jubilation versus retirement.

Description: MacGinnitie discusses how retirement may change in the 21st century. First, he discusses what forces are shaping current retirement trends and what might happen to redefine retirement in the 21st century. He then examines what this might mean for private pension systems, and how actuaries can adapt.