Description: The presenters in this session will show attendees how to measure surplus risk for a corporate pension plan (or a pension plan where liabilities are valued on a current marked to market yield curve) in several different ways, understand the value of each of those methods, and use the results to make decisions on relevant corporate pension actions such as asset allocation and pension risk transfer. They will also compare LDI strategies between corporate and public pension plans.

Description: Legislative changes and the economic environment have created a need for plan sponsors to understand and manage pension risk and volatility. Dynamic asset allocation glidepaths reduce risk as plans become better funded. But what about the risk that plan sponsors face when their plans are underfunded? The presenters will discuss the challenges of managing pension risk when assets don't keep pace with liabilities.