Description: Defined contribution DC plans are often touted as being far easier for employees to understand than defined benefit DB plans. This may be true during the accumulation phase, but it is not necessarily so at retirement. Many DC plan members have little understanding of converting their DC account balances into income streams at retirement. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 120pd.

Description: This session reviews the various significant risks associated with DC plans, with a particular focus on the risks that continue to be borne by plan sponsors. Attendees gain an understanding of the risks that DC plan sponsors carry and the management of such risks. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 96pd.

Description: This presentation from Session 56 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses the risks faced by sponsors of defined benefit pension plans and how actuaries can help these plan sponsors adopt plan design strategies to manage these risks. From the Record of the Society of Actuaries, Vol. 31, No. 2.