Description: This report summarizes thoughts and questions about the impact of COVID-19 on working in retirement, phased retirement and how the definition and timing of retirement may change. It provides a synthesis of the expert input mentioned above and offers background on related research results. It also describes other issues for further consideration. T

Description: As China’s population officially ages, the government has now escalated reform of China's social security system to a national strategic level. The report of the 19th National Congress further mentioned construction of an old-age security system and social environment, painting a bright future for development of the pension industry. At the moment, development of China's pension industry is beginning a new journey. Learn about the current status and future development of pillar 2 pension, which is core to China's pension system; framework and operation management overview of Enterprise Annuity and Occupational Annuity; possible evolution paths in contribution payment methods’ investment operation models, and development of professional pension managers.

Description: The presenters will provide an update on recent developments impacting U.S. retirement plans, such as regulatory guidance, new legislative proposals, recent court cases and recent trends. Experienced pension actuaries will share their perspectives on these issues and discuss how plan sponsors are being impacted.

Description: Jacquelyn B. James, Ph.D. is director of the Center on Aging & Work and the Sloan Research Network on Aging & Work at Boston College; she is also a fellow in the Behavioral and Social Science Division of the Gerontological Society of America. Her research has focused on the meaning and experience of work, gender roles and stereotypes, adult development, perceptions of older workers and emerging retirement issues. Since 2014, with support from the Alfred P. Sloan Foundation, Dr. James has been building the Sloan Research Network on Aging & Work, a multi-disciplinary, international network. Dr. James, along with Dr. Marcie Pitt-Catsouphes, edited a special issue of the journal, Work, Aging & Retirement—Change in the Meaning and Experience of Work in Life. James is past president of the Society for the Study of Human Development and serves on the editorial board of Work, Aging & Retirement.

Description: Feature article describing the next steps people should take after they are finished working full time.

Description: Actuaries have been thinking about how to improve North American retirement systems in big and small ways for a number of years. This web page contains Bob Berin’s thoughts on this topic from the September 1990 Pension Section News, followed by Cindy Levering’s update on the Retirement 20/20 initiative.

Description: Retirement market study of Colombia in English.

Description: Retirement market study of Chile in English.

Description: As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries (SOA) recently launched a series of reports exploring the impact of COVID-19 on retirement risks.This report is based on a follow-up conversation among actuaries from the SOA Retirement Section Council and the Retirement Section Defined Contribution Initiative Project Oversight Group. The actuaries that participated are currently working with plan sponsors of defined contribution plans in the United States and Canada. This report summarizes observations raised during the conversation about the current issues being discussed with clients to deal with immediate concerns as well as broader considerations about defined contribution plans, emergency funds and financial wellness.

Description: This report considers trends in public defined benefit plan maturity metrics, asset allocations and assumed rates of return among 139 state-based and large local defined benefit pension systems or plans in the United States from 2001 to 2018.