Description: This paper suggests a possible framework for the mandatory annuitization of U.S. retirement savings, considers the experience of other countries and analyzes the advantages and disadvantages of mandatory annuitization.

Description: Part 5 addresses various purposes for measuring a public sector pension liability and which measures have the most practical usefulness.

Description: A labor union negotiator comments on the papers being presented at this symposium. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: Part 4 presents an alternate approach to obtaining the fair value of the public sector employer’s pension benefit liability.

Description: Paper offers a model retirement plan that addresses the needs of retirees, financial institutions, and intermediaries.

Description: 'This paper takes a fresh look at the historical record of the most popular financial planning device retirees encounter, the 4% rule.' From the 2011 Enterprise Risk Management Symposium, March 2011.

Description: This paper discusses the level of reserve funds that a pension plan should maintain to protect itself from a downturn in the financial markets. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: The author incorporates inflation-indexed bonds into the retiree asset allocation problem and illustrates how Liability Driven Investing LDI can be applied to individual investors. From the 2011 Enterprise Risk Management Symposium, March 2011.

Description: The objective of this study is to measure the amount of surplus which would be needed by a pension plan to account for the risk of insufficient return on assets. From Current Pension Actuarial Practice In Light of Financial Economics Symposium, M-RS04-1.

Description: The author's conclusion is that retirees focus should not be investment strategy or withdrawal rate but cash flow. From the 2011 Enterprise Risk Management Symposium, March 2011.