Description: This session dealt with pension fund investments with respect to the following discussion topics: A. In May, 1962, there was a drastic fall in stock prices. What effect, if any, did this have on a objectives as to the proportion of pension funds invested in equities and b methods of valuing equity pension assets for pension- fund valuation purposes? B. Where pension funds are invested in a pooled or commingled account what special problems are encountered in asset valuation for pension-fund valuation purposes as distinguished from investments held in an individual separate account or trust?

Description: This is a discussion forum covering 2 papers on economic trends and life insurance in 1953. Dr.Simon Kuznets presented a paper entitled Notes on Prospects of Economic Growth in the United States. His paper was directed to two main questions, a What are the prospects for the nation's future economic growth? b What is likely to be the long-term trend in the general price levels during the next two or three decades? The subject of Dr. Raymond W. Goldsmith's paper was The Supply of Savings and the Level of Interest RatesRetrospect and Outlook.