Description: The author encourages the use of sound actuarial principles to develop reasonable retirement spending budgets instead of rule of thumb approaches commonly used.

Description: Excellent big picture view for planning a social insurance system with pay-as-you-go, required self-funded, and voluntary plans.

Description: This panel discussion session reported on the status and content of the Actuarial Standards Board standard dealing with the selection of assumptions. The discussion covers what the effects would be on practitioners.

Description: A review of the book 'Indexation of Pensions and Other Benefits' by Robert J. Myers, which deals with the indexing of Social Security and government employee pension plans in the U.S., Canada, and other countries, as well as private pension plans, for which the author advocates the voluntary adoption of automatic indexing.

Description: This study examines the relationship between the administrator of a pension plan [the principal] and the actuary [the agent]. The objective is to design a contract for both the plan administrator and the actuary so that the actuary provides the appropriate level of information to the plan administrator. The study uses a simple model- one principal [the pension fund administrator] and one agent [the actuary] in a one-period model. In standard principal-agent models, working harder means higher productive output. In this model, it means more accurate information. From Actuarial Research Clearing House 1999 Vol. 1.

Description: Challenge to actuarial business as usual in re public pension plans with a focus on setting actuarial standards of practice

Description: Article presents a potential role for pension actuaries to help assess the effectiveness of defined contribution plans.

Description: Book review of The Fundamentals of Pension Mathematics by Barnet E. Barin. Mr. Griffin supports the text as a valuable contribution in particular his analysis of gains/losses by source during the transition to utilizing computers for pension valuation.

Description: Presented at April 1986 Spring Meeting. Addresses whether actuaries working for plan sponsors are better than outside consultants, the professional responsibility that an in-house actuary must have, how the plan sponsor actuary provides analyses, and how the role of the plan sponsor member is evolving.