Description: The purpose of this note is to investigate whether, for a given level annual contribution rate, the introduction of a lump-sum benefit in lieu of a part of the pension otherwise payable, can result in a reduction of the mathematical risk due to chance deviations from expectation. From Transactions of Society of Actuaries 1953, Vol. 5, No. 12.

Description: This meeting session presentation and discussion occurred at the 1980 SOA Spring Meeting in Minneapolis. The topic was retirement income security in Canada. Specific discussions included: the role of government plans, efforts to improve portability, indexing of private and government plans, funding requirements and how they have developed, disclosure regulations, mandatory retirement ages and mandatory plans, Saskatchewan legislation, human rights regulations, and recommendations of the Lazar Report. From Record of Society of Actuaries, Vol. 6, No. 2.

Description: This study explores whether public pension plans have contributed enough to reduce unfunded liabilities, absent other influences such as investment returns.