Description: This presentation makes use of the outputs of an economic scenario generator built for commercial use in order to simulate the operation of a model CDC plan with a simple benefit adjustment mechanism and explore intergenerational equity and sustainability over a horizon of 100 years.

Description: Legislative changes and the economic environment have created a need for plan sponsors to understand and manage pension risk and volatility. Dynamic asset allocation glidepaths reduce risk as plans become better funded. But what about the risk that plan sponsors face when their plans are underfunded? The presenters will discuss the challenges of managing pension risk when assets don't keep pace with liabilities.

Description: In the past three years, the Society of Actuaries (SOA) compiled essay collections to address retirement issues. The 2018 call for essays expanded and complemented the discussion by identifying current and potential impacts that family structure, roles and dynamics have on retirement security in the United States. Family structure can, and in many instances does, play a significant role in retirement security worldwide, but this is often not recognized in retirement planning. The presenters will share several award-winning essays. Observations and highlights from the overall project will be shared, and ideas presented in related essays will be summarized.

Description: Retirement isn't a solo endeavor and the prospect of retirement looks starkly different depending on your family, your generation, your income and a host of other socioeconomic factors. The presenters will review the study, 'Financial Perspectives on Aging and Retirement Across the Generations' with an eye towards how these findings impact public policy, plan design for employers and financial planning for individuals and families.

Description: Transcript of a round table discussion on Housing in Retirement.

Description: Learn industry best practices including challenges faced by retirees, such as needing exposure to growth, most exposed to sequencing risk, and the need for smooth returns to avoid poor investor behavior caused by risk aversion. Other topics will include how to set investment objectives which consider the members’ real-world needs and how to build portfolios and implement risk management strategies to meet those objectives. The speaker will provide real-life examples/case studies.

Description: The importance of financial wellness has been increasingly recognized in the last few years. More organizations are sponsoring programs to assist people in different stages of their life

Description: A pension plan uses Actuarial Equivalence to determine a 'fair' adjustment to pension benefits for form and timing of payment. The definition of Actuarial Equivalence is set in the Plan Document which may not have been reviewed for decades. With a wave of recent pension litigation in the U.S., plan sponsors, attorneys and actuaries now pay more attention to how pension plans define Actuarial Equivalence. How does a change in mortality table or interest rate affect the ultimate benefit? What are the requirements under ERISA and pertinent regulations? Are there court cases that have examined this question before? What are the issues behind the recent lawsuits and what can a plan sponsor do now to reduce their legal exposure? What alternative strategies are available for changing or not changing the definition in the plan document?