Description: In defined-benefit plans, a portability problem arises, especially in an inflationary economy. Final salary plans were designed to cope with inflation. However, transfer of employment during a career can result in long service at a prior employer with outdated final compensation and short service at a current employer with appropriate final compensation. Thus the problem. This presentation discusses possible solutions. From the Record of the Society of Actuaries Vol. 17, No. 3A.

Description: At this presentation, the Executive Director of the Pension Benefit Guaranty Corporation talks about some recent pension plan terminations what can be done to protect pensions without upsetting the delicate balance of some companies with underfunded pension plans. The answer is not to allow the underfunding to go unchecked. Nor is the answer to let the PBGC absorb all the losses. From the Record of the Society of Actuaries Vol. 18, No. 2.

Description: This presentation discusses pension plans provided by U.S. multinational companies, and focuses on issues such as nondiscrimination rules, how the plan benefits compare to those of other countries, benefit indexing and what happens when an employee transfers to another country. From the Record of the Society of Actuaries Vol. 18, No. 4B.

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: This presentation is about recent developments in federal regulation of pension investments including, the Department of Labor Enforcement Program, legislative initiatives to tax pension funds, social initiatives for pension assets and other late developments. From the Record of the Society of Actuaries Vol. 19, No. 1A.

Description: 1993 SOA Spring Meeting, San Diego. This session is about nonqualified plan issues including funding, Secular Trusts, Rabbi Trusts, trends in plan design, and ERISA excess plans.

Description: 1993 SOA Annual Meeting, New York. This session is about status of new mortality table developments in the pension arena, impact of new mortality tables on annuity valuations, and the effect of new mortality tables on defined-benefit plan minimum funding and pension expensing.

Description: This session discussion is about the current syllabus, the ideal syllabus and how do we get the current to the ideal. From Record of the Society of Actuaries Vol. 11, No. 4A.

Description: Panelists discuss current pension issues and ways in which the modeling process can be used to assist plan sponsors in addressing those issues. From the 1988 Record of Society of Actuaries, Vol. 14, No. 1.

Description: This session discussion is about the Financial Accounting Standard FAS 87 and FAS 88 for pension accounting and mergers and acquisitions, including requirements for fiscal years beginning after December 15, 1988. From Record of the Society of Actuaries Vol. 15, No. 3A.