Description: This paper asserts that funding is the natural result of managing liability, and, from there, examines some of the funding liabilities of pension plans. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: This paper examines the funding expectations of the three primary stakeholders in the pension system: plan sponsors, taxpayers, and workers. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: The paper attempts to identify defined benefit plan design principles that provide valuable employee benefits at reasonable costs. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: This paper discusses whether the use of relatively risk-free discount rates are appropriate under assumptions of substantial continuation of plan design and greatly increasing per capita payments, when the plan sponsor can dramatically change future cash flows. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: The intent of this paper is to establish a correct balance between company interests in investing pension fund assets in the company's own stock and the prudent requirements of good risk management. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: This paper uses economic principles to evaluate methods that may be used to assign the cost of employee benefits to accounting periods. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: This paper examines the use of alternative investments for pension funds in the Netherlands facing the three requirements of minimum funding, solvency, and continuity. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: Paper discusses transition considerations if bond-based discount rates are used for funding public pension plans.

Description: This paper compares the development of the more flexible reporting for pension commitments by the sponsoring employer in Australia to the standard-driven reporting in the United States and the United Kingdom. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: This paper takes the position that the most significant impact of pension funds on the U.K. economy relates to the costs imposed by extreme mismatching between their financial assets and liabilities. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.