Description: This article describes the development of the uninsured pensioner, UP-94 Mortality Table, including a comparison with other tables and description of projection methodologies using Projection Scale AA.

Description: Table accompanying the article A Guide to Surfing the New Pension Section Web Pages which provides links to various research papers and other resources offered on the Pension Section web pages

Description: Table 3 for 2009 Pension Section Survey: Update and Action Plan showing Pension Section's plans for Communications and their timeframe

Description: Table 2 for 2009 Pension Section Survey: Update and Action Plan showing the Pension Section's plans for continuing education and the expected timeframe

Description: Summary of the papers presented at the symposium

Description: The specific aim of the proposed research is to both theoretically and empirically catalog the different ways one could expect consumption in a household after retirement to be different than consumption before retirement. The long term goal of this research is to help better inform best practices for financial planners, professionals and educators in the construction of financially prudent retirement plans. This decomposition can be separated generally into three main paradigms. The first two of these paradigms concern how preferences affect consumption before and during retirement, while the third is concerned with the financial constraints retirement brings.

Description: Discussion of bankruptcy and the implications for benefit plans, the obligations, collectively bargained benefits. Specific discussion of the LTV case.

Description: This discussion focuses on pension and retirement plans, particularly the effect of tax law changes on the competitive position of insured vs trusteed plans, the advantages and disadvantages of recognizing interest rate credits by year of investment on distributing surplus or retroactive credits on group annuity contracts, and how can optional pension benefits be offered so as to protect the plan against adverse selection. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: The SOA Research Committees have selected a research team for the Actuarial Aspects of Continuing-Care Retirement Communities CCRC Research Project. The team is directed by William E Bluhm and Stanley A. Roberts of Milhman & Robertson, Inc.

Description: Historically low interest rates, historically high equity market volatility and ever increasing life spans have made pension funding a hot topic. Financing the lifestyles of the superannuated through steadily improving investment performance is no longer a given. Market realities and stricter regulatory funding requirements are forcing plan sponsors to reduce overly optimistic assumptions about how well their investments will perform and increase assumptions about how long they will have to last. A growing number of well-known corporations are looking for help in trying to make the math work. This article discusses the opportunities for all who want to take on longevity risk.