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  • A Personal History of the Defined-Benefit Plan
    also demonstrated our lack of foresight. The U.S. economy was in turmoil. Inflation hit 9 percent ... in 1978. The start of the long bull market in U.S. equities was still several years away. The ...

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    • Authors: Richard Edmund Berger
    • Date: Aug 2015
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: The Actuary Magazine
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Public Policy
  • The Changing Retirement Business
    The Changing ... CREASI NGLY G LOBAL EMPLO YED BY CORPO RATION S OF AL L SIZES A ND IND USTRIES FLEXIBL E AND ... mpleted since 20 07. In the U nited Ki ngdom, the Unit ed State s and Can ada, hun dreds of ...

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    • Authors: Alan Cooke
    • Date: Aug 2015
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Public interest representation; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: The Actuary Magazine
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Pension finance
  • DB Pension, 401(K), or Cash Balance? The Case of CalSTRS
    William B. Fornia Most public school teachers in the U.S. are covered by traditional defined benefit (DB) ... account balances to a life annuity, priced with CalSTRS- specific mortality assumptions and (for DC) a ...

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    • Authors: William B Fornia, Nari Rhee
    • Date: Jul 2018
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation
    • Publication Name: In The Public Interest
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Public sector plans; Public Policy; Public Policy
  • Operation De-Risk: Creative Arrangements for Sharing Risks
    and the accrued capital must be used to buy an annuity at retire- ment. In recent years, however, a ... employee. On retirement, instead of purchasing an annuity for retiring members, benefits are typically ...

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    • Authors: JOHN ANDREW TURNER, Conrad Ferguson, Mark Anthony Macharia
    • Date: Jun 2015
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Actuary Magazine
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Hybrid plans
  • Employers Should Consider a Single Plan Document
    on an after-tax basis, to purchase additional annuity benefits in the pension plan or to accumulate ... longevity annuity contracts (i.e., letting a plan participant purchase a deeply deferred annuity to protect ...

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    • Authors: Barry Kozak
    • Date: May 2018
    • Competency: Communication>Persuasive communication; External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Topics: Pensions & Retirement>Corporate plans; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Plan design