Description: The specific aim of the proposed research is to both theoretically and empirically catalog the different ways one could expect consumption in a household after retirement to be different than consumption before retirement. The long term goal of this research is to help better inform best practices for financial planners, professionals and educators in the construction of financially prudent retirement plans. This decomposition can be separated generally into three main paradigms. The first two of these paradigms concern how preferences affect consumption before and during retirement, while the third is concerned with the financial constraints retirement brings.

Description: Replacement rates have historically been a tool to determine the adequacy of retirement income to maintain an individual’s standard of living. Numerous conceptual and methodological issues lie, however, beneath its simple exterior. The purpose of this paper is to examine these underlying issues for the benefit of retirement security stakeholders, pension plan sponsors, advisors, financial product providers, and individuals planning for retirement.

Description: This section provides multiple book reviews and summaries of recent publications. Topics include aging, retirement and pension plans, investing, demography, mergers and acquisitions, variable annuities and other insurance and mathmatical subjects. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 1, No. 70.

Description: Panelists provide: [1] a summary of legal issues and recent federal court cases regarding employee and retiree benefit plans, and [2] discussion of three research papers providing new thought and insight involving the perspective of many disciplines about the aging population and changing family structures in the U.S. and around the world. From the 2002 Record of Society of Actuaries, Volume 28, No. 2. Session 143TS of the San Francisco Spring Meeting.

Description: The following topics were discussed at concurrent sessions: 1. Consequences of adjusted earnings, 2. The actuary's role in marketing, and 3. Pension legislation- United States. From Transactions of Society of Actuaries 1974 Vol. 26, Pt. 2D, No. 75AB.

Description: In this session 153 PD of the New York Annual Meeting panelists look at the actuarial background, financial implications, underwriting, and solvency issues posed by various newsworthy items. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: Summary of the papers presented at the symposium

Description: This session presented creative approaches to plan design.

Description: The SOA Research Committees have selected a research team for the Actuarial Aspects of Continuing-Care Retirement Communities CCRC Research Project. The team is directed by William E Bluhm and Stanley A. Roberts of Milhman & Robertson, Inc.

Description: This study note will cover the fundamental requirements for a plan to attain qualification and the advantages that qualified status bestows upon those involved in the plan.