Description: This 1991 panel discussion: 1. Compares and contrasts standards set by various U.S and Canadian agencies- FASB, CICA, GASB, and IRS- for calculations under the Projected Unit Credit Cost Method, 2. Discusses certain types of retirement and ancillary benefits that are not easily handled under the Projected Unit Credit Cost Method, and 3. Provides insight into the nuances of using the Projected Unit Credit Cost Method for pension expense and funding purposes. From the Record of the Society of Actuaries Vol. 17, No. 3B.

Description: Discussion of China's retirement system and the Enterprise Annuity - a fully funded defined contribution program.

Description: Each year, one six-day annual event in the United States attracts 5,000 scientists as well as other individuals with a strong interest in science. The Society of Actuaries was formally represented this year for the first time at the event, the annual meeting of the American Association for the Advancement of Science [AAAS], held Feb. 12-17, 1998 in Philadelphia. An eminent panel discussed the 1997-98 SOA research project, 'Impact of Mortality Improvement on Social Security: Canada, Mexico, and the United States.' The SOA’s session was entitled 'Social Security in the NAFTA Countries: What if People Stop Dying?' This article summarizes that presentation.

Description: Full version of International Section News, August 2002, Issue No. 28.

Description: Short article with some very limited case studies regarding how an actuary should perform in certain professional situations.

Description: Using a case study, this session discussed the asset-liability matching process, uses of the process, and the strengths and weaknesses.

Description: Panelists at this session at the SOA 1998 Maui II Spring Meeting present the SOA's research project on Social Security and mortality projection methods, the results and key issues and how it has been applied in the U.S., Mexico and Canada.

Description: In this presentation, session number 10PD at the 1999 Annual Meeting of the Society of Actuaries held October 17-20 in San Francisco, the panelists discuss their experiences with asset valuation methods. Topics include characteristics of an effective asset valuation method, the extent to which recent economic activity should influence the smoothing period selected, whether one method smoothes valuation assets more than another, whether different methods for funding and expense make sense, and whether the current asset valuation method is accomplishing its intended purpose. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 3.

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: Full version of International Section News, July 2006, Issue No. 39.