Description: This presentation starts with a panelist discussing three frameworks that exist in the asset allocation area: The asset only framework, the asset-liability framework, and the asset-liability-sponsor framework. The panelist then explains why he believes that the asset-liability-sponsor is the only correct framework. From the Record of the Society of Actuaries Vol. 18, No. 4B.

Description: Paper examines the asset allocation behavior of state and local pension plans.

Description: Paper presents a conceptual approach that could improve the security of retiree benefits while reducing the variability of employer contributions and improving the long-term prospects of the plan as a whole.

Description: Is the New CPI Different? The article discusses the changes made to the CPI, whether it is an accurate measure of inflation and the implications for pension plans.

Description: This paper provides a summary of the report, Back Testing of Investment Performance by Asset Class.

Description: This is a panel discussion session on pension products focusing on markets, distribution systems and differing viewpoints on products. From Record of Society of Actuaries Vol. 9, No. 1

Description: The RL Asset Liability Watch for December 2012. A resource for Pension Section members.

Description: July 2012 of RL Asset Liability Watch

Description: August 2012 issue of (RL) Bond Market Watch

Description: This article describes a simplified problem in pension plan financing and presents two questions about how it can be modeled. Answers to these questions will be discussed and their implications for traditional actuarial models will be presented in Part 2 of the article in the following issue of the newsletter.