Description: The basic goal of this paper is to develop a generalized statement of aggregate actuarial cost methods and relate to it certain ideas developed by Trowbridge, Nesbitt, and others. A secondary goal is to describe practical methods which bear the same relationship to unit credit funding that the 'usual' forms of frozen initial liability and aggregate bear to entry age normal funding. From Transactions of Society of Actuaries 1967, Vol. 19, Pt. 1, No. 53 AB.

Description: This paper describes rates of disability based on recent experience under public retirement plans for U.S. Government Employees: 1988–1993. From Pension Section News, April 1998, Issue No. 36.

Description: This paper discusses the limits placed on actuarial pension practice since the passage of ERISA. From The Pension Forum, January 2003, Volume 15, Issue No. 1.

Description: This paper is a follow-up to the papers in the January and April 2005 editions of the Pension Forum, which focused on the interest assumptions to be used in pension funding. This paper focuses on the other assumptions used to calculate pension liabilities—mortality, early retirement and expense. From Pension Section News, April 2006, No. 61.

Description: The projection methods used by the Social Security Administration's Office of the Chief Actuary are important. The resulting projections are cited regularly by policy-makers, academics and others interested in the long-term financial solvency of the OASDI system. However, a complete description of this projection methodology that is vital for serious policy discussions is not available to the general public. This summary was constructed in connection with the Social Security Advisory Board's 1999 Technical Panel on Methods and Assumptions. A goal of the Methods and Modeling working group of the Technical Panel was to 'work to ensure that the projection methods used by the Office of the Chief Actuary become more public.' From Actuarial Research Clearing House 2000, Vol. 1.

Description: Chapter 3 presents a very general overview of the data from public employee retirement systems in California, Mississippi, New York, Ohio, and Texaseach in respect to demographic and economic assumptions. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: Chapter 4 offers a summary of the assumptions and methods used in the various actuarial valuation reports that were collected, giving a general understanding for the continuum of actuarial bases. No attempt is made to draw any strong statistical conclusions. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: What would we do if we could start pension funding all over? Would we have minimums, maximums, solvency-based contributions, the PBGC? What does financial economics say about how plans ought to be financed? From the Record of the Society of Actuaries, Vol. 30, No. 3.

Description: The report presents the results of a survey on asset valuation methods for defined benefit plans. Information was provided on 9,670 pension plans, 9026 US plans, 612 Canadian plans, and 32 other plans. Fair market value is the frequently used method, especially for smaller plans.

Description: This presentation made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries addresses the following issues: proposed Audit Guide revision of Accounting Principles Board Opinion No.8 Comparability of pension costs on financial statements and Cost Accounting Standards Board proposal for pension cost under government contracts.