Description: Risk-shared plan designs have been gaining significant popularity with employers and members in response to the shortcomings of traditional defined benefit and defined contribution pension plans. The presenters will explore risk-shared plan design innovations recently implemented in Canada to better balance the competing needs of members and employers, including the growing trend toward pension plan consolidation.

Description: This paper examines the following three questions by reviewing literature that identifies and evaluates the tradeoffs among annuitization and self-managed drawdown strategies: 1. How DO Retirees Draw Down their Financial Savings? 2. How COULD Retirees Draw Down their Financial Savings? 3. How SHOULD Retirees Draw Down their Financial Savings?

Description: This overview of the pros and cons of individual accounts and the paygo system was offered by two speakers at the 1999 symposium, “Impact of Social Security Privatization on Retirement Income. From: The Actuary, September 1999 – volume 33 - Issue 7.

Description: This session discusses two recent SOA research initiatives called FARM I and FARM II. From Record of Society of Actuaries, Vol. 30, No. 3.

Description: The importance of financial wellness has been increasingly recognized in the last few years. More organizations are sponsoring programs to assist people in different stages of their life