1
-
10
of
12
results (0.38 seconds)
Sort By:
-
Cash Balance Symposium Monograph, Chapter 6: The Role of Cash Balance and Traditional Defined Benefit Plans in Managing Retirement Risks
Section 2 is a discussion of retirement risks and annuity availability. · Section 3 considers the pre-retirement ... participants face during retirement, the individual annuity market, and how annuities from qualified plans ...- Authors: Karen Smith
- Date: Jan 2001
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Hybrid plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 8: Feasibility of DROPs for Certain Plans
for private or nonprofit employers.” · June 1, 2000 Testimony of Sylvester Schieber and Kyle Brown of ... Section 411(a)(7)(A)(i) (defining the benefit as an annuity at NRD) and the nature of the back-loading rules ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix A: Survey of DROP Designs
Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix A: Survey of DROP ... Survey of DROP Designs Appendix A presents, in table form, basic DROP design features in 24 different ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 2: Types of DROPs and Features
Features 2.1 Regular DROPs The following table provides a summary of the basic provisions of a ... annualized rate of seven percent. DROP annuity: Annuity frozen at DROP election except for “retiree” ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 6: Employee Perspective
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 6: Employee Perspective ... DROP, the factors which influence an individual's selection, and how the lump sum money is used. From ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Chapter 4: Actuarial Issues
with a retirement benefit of $28,103/year. The annuity benefit is “frozen1” at $28,103/year. The employee ... example the benefit at age 55 would be: · an annuity of $44,076/year under the current plan (requiring ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Plan design; Pensions & Retirement>Public sector plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix B: Sample Life Cost Comparison
Single life annuity factor at age x. Note: many police and fire plans often have unreduced J&S forms of ... the DROP ratio. Column (7): DROP annuity with COLA. Equals annuity at DROP participation age (=50) ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs: Glossary
of mixed annuity plus lump-sum option that has the same present value as the regular annuity-only benefit ... DROP lump sum and no longer earning a traditional annuity accrual. DROP ratio: The ratio of the present ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 7: Employer Issues
relied on them in retirement planning” (August 18, 2000 Testimony of Norman Stein, professor, University ... the DROP lump-sum account for every $1 of DROP annuity) were used to keep the DROP ratio at close to 100% ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans
-
Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 3: History, Experience, and Case Studies of DROPs
participation period. One-hundred percent of the frozen annuity is added to the DROP account. Participants are ... noted that some alternate annuity forms could take the benefit below 50% after J&S form conversion factors ...- Authors: Society of Actuaries
- Date: Jun 2003
- Competency: External Forces & Industry Knowledge
- Topics: Pensions & Retirement>Defined benefit plans