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 session covers Pension actuaries who are becoming more involved in the administration of defined-benefit pension plans. Along with this work comes special challenges that are different from those seen in more traditional pension actuarial work. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 93PD