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: This discussion reviews benefit design, differences in funding methods and actuarial assumptions, political considerations and current studies and possible future legislation. From Record of Society of Actuaries, Vol. 1, No. 3.

Description: This panel discussion is about the latest developments in public sector retirement plans including regulatory trends, funding requirements, benefit trends, pressures on assumptions, qualification and the effect of Internal Revenue Code limits. From the Record of the Society of Actuaries Vol. 17, No. 3.

Description: This discussion explores advanced funding of pension benefits under public employee retirement plans and if annual reports to participants under public employee retirement plans should include information as to the financial operation of the plan. From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.