Description: Description * This article summarizes Rev. Proc. 2018-54, in which the IRS provides for a new elective procedure that is intended to help segregated asset accounts and insurance-dedicated funds comply with the diversification requirements of Code section 817(h) with respect to investments in a new type of security known as a Uniform Mortgage-Backed Security.

Description: Update to longitudinal study of corporate pension plan contributions: have they actually reduced unfunded liabilities?

Description: Read the October 2019 Mortality Improvement Scale MP-2019.

Description: In light of the increased frequency of the Black Swan stock market events, how should individuals and couples plan for retirement and try to manage the risks involved once retired? Specifically, how much of their retirement assets should they invest in risky rather than less risky assets?

Description: As part of the 2019 Risks and Process or Retirement Survey, this report provides an overview of selected results, focusing on the social and emotional world of retirees by researching their adjustment to retirement and their happiness, loneliness and the social engagements in which they participate in retirement.

Description: A literature review on the impacts of healthy lifestyle behaviors and chronic condition management, providing a resource for actuaries and others on these issues.

Description: COVID-19 Retirement Essay

Description: The Society of Actuaries’ (SOA) Aging and Retirement Strategic Research Program in collaboration with the International Association of Black Actuaries (IABA) and the Organization of Latino Actuaries (OLA) are pleased to publish this essay collection on Aging and Retirement Issues in People of Different Races and Ethnicities. This effort explores how differences in wealth and retirement outcomes are experienced by people of different races and ethnicities and promotes a better understanding of the underlying issues surrounding the differences.

Description: The session will address the potential benefits of (re)opening corporate defined benefit plans for plans for plan sponsors and participants alike. Despite a shift from DB to DC trend over the last 20 years, this topic is particularly relevant as many US plan sponsors are enjoying overfunded DB plan funded status, struggling with retirement income solutions in DC plans, and navigating workforce management and recruiting considerations. This session will discuss how innovative plan designs, such as market-return cash balance plans and variable-annuity plans, reduce plan sponsor risks associated with traditional DB designs. We will also discuss investment, balance sheet, retirement readiness, and implementation considerations.

Description: This article describes several uses of pension surplus assets and makes a case for maintaining and growing a surplus.