Description: This article is the second in a series that offers a concise summary of an extensive body of SOA Research Institute work focused on improving retirement planning and management. The article summarizes findings from consumer research and other reports at different life stages to help the reader understand what households actually do with regard to retirement planning. It points out the challenges of groups such as the financially fragile and those who do not have employer sponsored retirement plans. A repeated finding from this work is that individual actions fit patterns that are different from what the planning methodologies and professional advisors believe they are or should be, creating gaps and significant opportunities to help improve retirement planning and management, particularly since individuals have so much responsibility for their own financial security.

Description: Review of paper describing Collective Defined Contribution Plans. the elimination of traditional pensions by many companies have left employees without easy access to reliable retirement income Collective Defined Contribution plans which are used to a small extent in the US but more broadly used elsewhere offer an option for consideration.

Description: Read the chairperson's annual newsletter to learn more about the Retirement Section Council's (RSC) activities and new members of the leadership team, including the 2024 chairperson.

Description: This webpage has links to materials that have been produced by the Society of Actuaries on aging and retirement issues with the goal of helping consumers more effectively understand and consider them.

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?

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: View information about FTSE Pension Discount Curve and Liability Index.

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

Description: This report provides a system-wide analysis of the expected contribution requirements for the U.S. single-employer defined benefit pension universe over the remainder of this decade.

Description: This study note discusses the calculations that are required for any plan with employee contributions remaining.