Description: This paper examines the valuation of assets and poses the following questions: A. What bases, other than cost or market, are in use for valuing pension trust assets and acceptable under the Internal Revenue Code and Rulings? and B. How can a retirement plan having assets valued on a book or cost basis utilize existing unrealized appreciation for purposes of improving benefits or reducing current funding costs without changing to a market value basis? From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.

Description: This discussion looks at topics of interest with Pension and Profit sharing, some questions posed were: Does a split-fund arrangement involving both insured and uninsured funds have advantages over either? Under what conditions are any such advantages most apparent? What disadvantages are there in such an arrangement? From Transactions of Society of Actuaries 1957, Vol. 9, No. 24.