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Assessing Long-term Risks of the COVID-19 Pandemic on Pension Plans Using Scenario Modeling: The Power of a Story

Assessing Long-term Risks of the COVID-19 Pandemic on Pension Plans Using Scenario Modeling: The Power of a Story Scenario analysis for a pension plan is the process of assessing the effects of ...
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Description: Scenario analysis for a pension plan is the process of assessing the effects of hypothetical events on the plan’s future financial position, providing tangible real-world examples of risks facing the plan. Long term risks for a pension plan can often feel abstract. Providing strong narratives around possible future events makes it easier for stakeholders to engage with these risks and potential mitigation strategies
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- Authors: Daniel Patrick Reddy, Erik Pickett
- Date: Jul 2021
- Competency: Strategic Insight and Integration
- Publication Name: Retirement Section News
- Topics: Demography

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Assessing Long-term Risks of the COVID-19 Pandemic on Pension Plans Using Scenario Modeling: The Power of a Story