Description: This is an open forum discussion is about: 1. The IRC Section 410b minimum coverage rules and average benefits percentage test, and 2. The IRC Section 401a4 non-discrimination rules for determining the comparability of benefits provided to highly compensated and non-highly compensated employees. From the Record of the Society of Actuaries Vol. 16, No. 4B.

Description: This session from the 1984 SOA Atlanta Meeting reveiws executive compensation focusing on retirement, disability and survivor benefits provided to corporate executives above those offered to other employees and the techniques to fund these programs.