Description: Review of Fifty-Second Annual Report of the Board of Actuaries of the Civil Service Retirement System. The authors found it to be a concise well written report discussing a number of issues facing all pensions in an inflationary economy. Both the title and the dull format in the usual Government Printing Office style would seem to insure this document's instantaneous consignment to dead storage. However, behind the cover of this small pamphlet is a concise, well written report discussing-a-number of the issues facing not only federal pension programs at the present time, but all pensions in an inflationary economy. For example, several of the 11 pages devoted to the main report discuss the implications of static assumptions ignoring inflation as opposed to dynamic assumptions including inflation.

Description: Investment volatility can lead to unacceptable levels of contribution volatility and wide swings in a retirement plan’s perceived funded status. This paper approaches the volatility problem from a plan design perspective.

Description: This session discussion was a primer on hybird pension plans, in particular cash balance plans and age weighted profit sharing plans. Included nondiscrimination issues, IRS issues and communication about the plans to participants.

Description: A Technical Analysis of Pension Equity Plans Course P–362U Study Note by Kyle N. Brown and Richard R. Joss from Pension Section News, August 1998, Issue No. 37.

Description: This paper discusses an asset smoothing technique where the asset values are adjusted based on reasonable investment indices. From The Pension Forum, August 2001, Volume 13, Issue No. 1.

Description: Panelists discuss issues important to actuaries acting as expert witnesses in legal proceedings, as well as guidelines for the actual presentation of testimony, focusing primarily in the area of pension plans. From the Record of the Society of Actuaries, Vol. 23, No. 1.

Description: In session 121IF of the Washington Annual Meeting panelists discuss the results of a special National Academy on Aging research project on issues related to the aging of our society. Also examined are new areas for actuarial involvement. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. This panel discussion is designed for the experienced pension practitioner. The panelists, using numerical illustrations, discuss how to do calculations to prove nondiscrimination under proposed Internal Revenue Code regulation 401[a][4]. Discussion from participants is included. From the Record of Society of Actuaries Vol. 17, No. 3B.