Description: Recent studies have suggested that teachers would be better off with DC or Cash Balance plans than with DB. Detailed data from CalSTRS support the opposite.

Description: Pricing longevity swap reinsurance transactions consists of a number of different actuarial tasks, each of which hides potential pitfalls. The article outlines the pricing process, which includes a detailed analysis of current mortality experience of the portfolio to be transferred, choice and calibration of an appropriate model for mortality improvement trends and the calculation of a risk margin which reflects the uncertainty associated with the pricing best-estimate, which includes mis-estimation risk, model risk, longevity basis risk and stochastic uncertainty.

Description: The author delves into other important parts that should be in the scope of model validation besides the code.

Description: Updated study of metrics for measuring stress imposed on US multiemployer pension plans by unfunded liabilities and declining numbers of active participants

Description: Statistics about entertainment industry pension plans.

Description: The article outlines a shareholder value framework for pension risk management and applies this framework to pension funding decisions in light of rising PBGC premiums due to 2013’s BBA legislation. The article finds that the new legislation significantly incentivizes plan sponsors to increase pension funding. Moreover, many tax-paying pension plan sponsors can increase shareholder value by increasing pension plan contributions.

Description: The main focus of this article revolves around pension plans and their funding levels.

Description: Provides some background on the new regulation, 'The Administrative Measures on Enterprise Annuity Fund', and comments on key issues this poses for corporate pension plans.

Description: Panelists discuss: [1] overview of new minimum-funding rules in the Omnibus Budget Reconciliation Act [OBRA] effective during the 1988 plan year, including Section 412[l] rules in particular, [2] maximum-funding rules, illustrated by a case study, and [3] implications of these rules that impact funding for 1988 and 1989. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: Statistics about the Screen Actors Guild - Producers Pension Plan and its funded status.