Description: Review of paper describing Collective Defined Contribution Plans. the elimination of traditional pensions by many companies have left employees without easy access to reliable retirement income Collective Defined Contribution plans which are used to a small extent in the US but more broadly used elsewhere offer an option for consideration.

Description: This paper considers a defined contribution DC plan, a cash balance plan, and traditional defined benefit DB plan with equal expected value at the assumed retirement age. Using utility as a measure of risk and participant preferences, the designs are particularly well suited to minimize participant risk, particularly while employees are accumulating retirement assets. From Cash Balance Symposium Monograph, M-RS02-3.

Description: In this editorial the author discusses the rise in popularity of cash balance pension plans. She discusses their attributes and offers her opinion that the actuarial profession and the SOA have vital roles to play as these plans grow in usage and the business environment continues to evolve. From: The Actuary, September 1999 – volume 33 - Issue 7.

Description: A defined contribution plan with a defined benefit minimum guarantee is valued as a put option or exchange option. This paper compares the resulting price with the actual additional contribution rate used by one public sector plan, and considers extensions of the option theory to allow more accurately for the pension plan characteristics.

Description: This paper examines some of the issues threatening the current health of the Social Security System, and how all or part of the system could be replaced by a cash balance plan. From Cash Balance Symposium Monograph, M-RS02-3.

Description: A review of the actuarial aspects of Cash Balance Retirement Plans and original actuarial research regarding the design and valuation of such plans.

Description: Column describing shifting paradigm for retirement plan design in North America that highlights recent SOA research project on Target Benefit Plans.

Description: This paper evaluates a number of hybrid pension plans, including hybrid plans used to provide social security benefits in some countries. The paper provides an overview of types of hybrid plans provided around the world.

Description: This paper examines the history, reasons, and impact of the shift from traditional defined benefit plans to hybrid plans. Also discussed are the need for good communication, and for further regulation. From Cash Balance Symposium Monograph, M-RS02-3.

Description: May 2016 issue of Pension Section News