Description: This paper introduces the author's globalization model of work and retirement in the 21st century. To make the model work, there is a need for a prototype social security system with many desirable features called National Provident Fund for each nation.

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.