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: This paper discusses mathematical modeling and pricing of 'Stable Value' financial products offered to pension plan providers. These products target a risk-averse population of investors who have a significant preference for a stability of returns. The paper offers a quantitative methodology that reflects a decision making process applicable in the situation of incomplete markets where traditional arbitrage free arguments are invalid.

Description: This article presents asset/liability matching, including techniques for pension plans. Application of techniques to stabilize expense and protect plan surplus against economic fluctuations will also be discussed. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: The investment risk taken by a pension fund comprises strategic risk and active risk. This paper discusses the relative merits of these two types of risk to the pension fund, possible rationales for the levels of strategic and active risk typically adopted mechanisms for capturing manager skill without taking on equity risk, and issues in setting liability-based benchmarks for investment managers

Description: This session at the SOA 1990 Dallas Spring Meeting is about the importance of matching assets and liabilities within a pension plan. Models, methodology and strategy for accomplishing ALM are discussed.

Description: Panelists at this session of the SOA 1998 Maui II Spring Meeting present methods for scenario generation and establishing stochasitc models for pension plans.

Description: Risks inherent in employee choices of distribution options in terminating plans - A Canadian perspective.

Description: This session from the 1976 SOA Meeting is about group pension, non-participating annuities and high interest guarantees.

Description: Discussion of Living to 100 Session 5A. The papers presented propose a new method to price the longevity risk premia in order to tackle the pricing obstacle and reviewed the insurance industry implications on retirement planning and the secondary market in insurance.

Description: 1992 SOA Regional Meeting, Chicago. This session was about the impact of pension plan design on investment strategy. The speakers covered a broad philosophical basis, the nuts and bolts of particular pension plan provisions in a defined-benefit area, and executive benefits.