Description: This paper is about the looming pension crisis in Canada. Falling pension coverage, poor quality of coverage, and the shift from defined benefit plans to defined contribution plans suggest that there will still be a strong dependency on Government, but government programs are also in a weak position largely due to the well documented phenomenon of an aging population. From Actuarial Research Clearing House 1993, Vol. 3.

Description: This presentation defines the risks in the context of pension plans and reviews their relationship. From 2000 ARCH, Quebec City, Canada., January 2000.

Description: On July 1 1997, a new privatized but compulsory retirement system came into effect in Mexico. The new system has a complex web of contributions by employers, employees and by the government. The retirement funds also have a complex web of charges applied to the funds. This paper carefully analyzes these complex cases to find out which funds perform the best. It shows through simulations that the optimal strategy for individual retirement account holder is not to stay with one fund throughout the working life. Instead, the best option is to switch at some point. The switching point depends on a number of factors: 1. the wage rate of the workers [and also on the growth rate of wages], 2. the real interest rate, and 3. the inflation rate. From Actuarial Research Clearing House 1999, Vol. 1.

Description: This paper describes a method for computing after-tax present value in divorce pension valuations. In some cases, the after-tax present value is not radically different than the pre-tax present value. However, it can be. The differences are most notable for divorces of the old or very young, and divorces where there is a deferred pension. From Actuarial Research Clearing House 1990, Vol. 2.

Description: The subject of this paper is a financial model for pension planning purposes. The focus of the model is from an individual's point of view with the idea to assist him/her in planning for a financially secure retirement income. The model is dynamic and stochastic, operates in nominal and real terms, and goes beyond the age of retirement. From Actuarial Research Clearing House 1981, Vol. 1.

Description: The authors have been involved with the development of an economically unbiased model for the distribution of pension benefits in divorce. While the research is not completed, it was felt that some of their findings and insights might be of interest to the actuarial community. In view of this, the purpose of this article is to: 1. Present the findings of the authors with respect to their review of major court cases, and 2. Identify major actuarial issues which are as yet unresolved. From Actuarial Research Clearing House 1990, Vol. 1.