Description: This about the issues facing actuaries in retirement systems as well as the support available to them. Some of the more significant issues are: Declining numbers of defined benefit plans, plan underfunding and the PBGC, increased regulatory complexity and compliance, and increased competition and employment opportunities.

Description: This article announces a new research project, co-sponsored by a number of actuarial organizations, to evaluate macrodemographic and microsimulation models that could be used to analyze retirement and other public policy proposals.