Description: This article summarizes participant responses from the Retirement Implications of Demographic and Family Change project.

Description: This article reviews the new standard of practice, ASOP 6, and its impact on the actuarial assumptions that actuaries use for valuations of retiree group medical and life benefits.

Description: In the U.S. in the late 1980’s, the Internal Revenue Service was taking steps to try to institute explicit boundaries for the actuarial assumptions being used in 'funding' valuations to determine the appropriate contribution levels for small pension plans. This article was written in the context of that environment, to defend the rights of actuaries to their professional judgement. The courts eventually supported this perspective.

Description: SOA’s recently completed research project related to long term projects of health care cost trends for use in post retirement medical valuations.

Description: Andy provides a succinct summary of activities that he, the council and many other engaged parties have undertaken this past year with regard to the now firmly established Retirement 20/20 initiative, including links to working drafts of papers submitted and presentations made at June’s Retirement 20/20: New Designs for a New Century conference held in Washington, D.C.

Description: Table 2 for 2009 Pension Section Survey: Update and Action Plan showing the Pension Section's plans for continuing education and the expected timeframe

Description: On October 16, 1974, the Congress overrode the Presidential veto of H.R. 15301 The Railroad Retirement Act of 1974, a bill to restructure the railroad retirement system which was based on proposals made jointly by railroad management and labor. H.R. 15301 now P.L. 93-445 embodies some far reaching changes which are mainly directed toward relieving the difficult financial situation of the railroad retirement system.

Description: This article provides some insights into how actuaries can quantify DC plan risks.

Description: This article is the first of two parts - the second part published in the December, 1981 issue of The Actuary - and provides a summary of Canada’s National Pension Conference. The author of this article, a participant at the conference, notes that the prevailing view in Canada is that the government and employer, not the employee, jointly share the responsibility of providing financial security in old age.

Description: This article discusses the U.S. military retirement system, an unfunded non-contributory defined-benefit plan, and the legislative proposal that would convert the system to an entry-age-normal funding method.