Description: The author delves into other important parts that should be in the scope of model validation besides the code.

Description: This paper uses economic principles to analyze alternative recognition schemes for end-of-period retirement plan liabilities the candidates, using U.S. nomenclature, are the vested benefit obligation VBO, the accumulated benefit obligation ABO and the projected benefit obligation PBO.

Description: This paper discusses an asset smoothing technique where the asset values are adjusted based on reasonable investment indices. From The Pension Forum, August 2001, Volume 13, Issue No. 1.

Description: This paper discusses the limits placed on actuarial pension practice since the passage of ERISA. From The Pension Forum, January 2003, Volume 15, Issue No. 1.

Description: This paper describes rates of disability based on recent experience under public retirement plans for U.S. Government Employees: 1988–1993. From Pension Section News, April 1998, Issue No. 36.

Description: This paper is a follow-up to the papers in the January and April 2005 editions of the Pension Forum, which focused on the interest assumptions to be used in pension funding. This paper focuses on the other assumptions used to calculate pension liabilities—mortality, early retirement and expense. From Pension Section News, April 2006, No. 61.

Description: Chapter 3 presents a very general overview of the data from public employee retirement systems in California, Mississippi, New York, Ohio, and Texaseach in respect to demographic and economic assumptions. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: Chapter 4 offers a summary of the assumptions and methods used in the various actuarial valuation reports that were collected, giving a general understanding for the continuum of actuarial bases. No attempt is made to draw any strong statistical conclusions. From A Study of Public Employees Retirement Systems, M-RS96-1.

Description: Discussion of competing theories for valuing public pension liabilities. Emphasis on revised Actuarial Standards of Practice that focus on the purpose of the measurement.

Description: Drivers for mortality are apparently linked to socio-economic differentials within different societal groups. Actuaries are not the only profession interested in unravelling the mystery of why different groups within society experience such different mortality rates. The author gives examples from occupational pension plans in Canada, the UK and Germany.