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  • Managing Retirement Assets Symposium: Securitization of Mortality Risks in Life Annuities
    Securitization of Mortality Risks in Life Annuities The purpose of this paper is to study mortality-based securities ... securities, such as mortality bonds and swaps, and to price the proposed mortality securities. The focus ...

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    • Authors: Samuel Cox, Yijia Lin
    • Date: Apr 2004
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Annuities>Individual annuities; Pensions & Retirement>Defined benefit plans
  • Cash Balance Symposium Monograph, Chapter 6: The Role of Cash Balance and Traditional Defined Benefit Plans in Managing Retirement Risks
    Section 2 is a discussion of retirement risks and annuity availability. · Section 3 considers the pre-retirement ... participants face during retirement, the individual annuity market, and how annuities from qualified plans ...

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    • Authors: Karen Smith
    • Date: Jan 2001
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Hybrid plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 8: Feasibility of DROPs for Certain Plans
    for private or nonprofit employers.” · June 1, 2000 Testimony of Sylvester Schieber and Kyle Brown of ... Section 411(a)(7)(A)(i) (defining the benefit as an annuity at NRD) and the nature of the back-loading rules ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • The Future of Pension Plan Funding and Disclosure Monograph: Mortality Improvements and Pension Liabilities
    Pension Plan Funding and Disclosure Monograph: Mortality Improvements and Pension Liabilities This paper ... paper examines some of the effects of mortality improvements on traditional defined benefit plans. From ...

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    • Authors: John Turner
    • Date: Jul 2005
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix A: Survey of DROP Designs
    Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix A: Survey of DROP ... Survey of DROP Designs Appendix A presents, in table form, basic DROP design features in 24 different ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 2: Types of DROPs and Features
    Features 2.1 Regular DROPs The following table provides a summary of the basic provisions of a ... annualized rate of seven percent. DROP annuity: Annuity frozen at DROP election except for “retiree” ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 6: Employee Perspective
    Design and Actuarial Aspects of Deferred Retirement Option Programs, Chapter 6: Employee Perspective ... DROP, the factors which influence an individual's selection, and how the lump sum money is used. From ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans
  • Chapter 4: Actuarial Issues
    with a retirement benefit of $28,103/year. The annuity benefit is “frozen1” at $28,103/year. The employee ... example the benefit at age 55 would be: · an annuity of $44,076/year under the current plan (requiring ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Plan design; Pensions & Retirement>Public sector plans
  • Retirement Implication of Demographic and Family Change Symposium Monograph: Defined Benefit Plans in an Era of Phased Retirement
    Council on Employee Welfare and Pension Benefit Plans, U.S. Dep’t of Labor, Report of the Working Group on ... Population Today, August/September 2000. <http://www.prb.org/pt/2000/August2000/Legislation_Courts_Older ...

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    • Authors: Aliya Wong
    • Date: Jun 2002
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Plan design
  • Design and Actuarial Aspects of Deferred Retirement Option Programs, Appendix B: Sample Life Cost Comparison
    Single life annuity factor at age x. Note: many police and fire plans often have unreduced J&S forms of ... the DROP ratio. Column (7): DROP annuity with COLA. Equals annuity at DROP participation age (=50) ...

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    • Authors: Society of Actuaries
    • Date: Jun 2003
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Defined benefit plans