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Society of Actuaries
January 2008, Issue No. 66

This issue’s poll question is aimed at helping us to better understand our readers. Please tell us which of the following best describes the organization you work in:

Consulting firm with internal research capabilities, in the United States
Consulting firm with internal research capabilities, in Canada
Consulting firm without internal research capabilities, in the United States
Consulting firm without internal research capabilities, in Canada
Insurance company
Government agency
Private sector corporation (as an "in-house" pension actuary or in another role)
Educational institution
I'm retired
Other

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In This Issue
Chairperson's Corner
“Rename the PSN” Contest Rules
Report from the 2007 Retirement 20/20 Conference: Aligning Roles with Skills
SOA Releases New Long-term Health Care Cost Trends Resource Model
Information Sources for DB Plans Outside the United States
PPA...Ready or Not
A Pension Section News Book Review: Annuity Markets and Pension Reform
Some Interesting Information about Phased Retirement
In Defense of Assumptions and Methods
Links
Soa Pension Section Council Pension Section Council
20/20 Web Site 20 / 20 Web site
Contact Us Contact the Editor
Calendar of Events Calendar of Events
Events

Countdown to Share Comments on CPD Requirement Begins!

Hurry! Don't miss your chance to share your comments with the SOA Board on the CPD Requirement Exposure Draft.  The comment period, launched in November 2007, will close on February 22, 2008.  
Click here for more information.


Save the Date: June 4-6, 2008

The Joint CCA/SOA Employee Benefits Spring Meeting will take place in Tampa, FL. Stay tuned to www.soa.org, Meetings & Events for more information.
 

 

Chairperson's Corner
Martine Sohier, FSA, FCIA

Our outgoing Pension Section Council chair, Martine Sohier, provides some parting thoughts on the retirement system of today and tomorrow.

Full article>>
“Rename the PSN” Contest Rules
Faisal Siddiqi, FSA, FCIA

It’s official.  The Pension Section has one of the three most boring newsletter names in the entire Society of Actuaries.  Here’s your chance to get creative!  Be the one to rename the Pension Section News!!

Full article>>
Report from the 2007 Retirement 20/20 Conference: Aligning Roles with Skills
Emily Kessler, FSA
Curious about the Retirement 20/20 project?  Read Emily Kessler’s summary of the 2007 conference…. Full article>>
SOA Releases New Long-term Health Care Cost Trends Resource Model
Steve Siegel, ASA
Read about the SOA’s recently completed research project related to long-term health care cost trends. Full article>>
Information Sources for DB Plans Outside the United States
John A. Turner, Ph.D
If you have clients with global operations and need to learn more about the retirement systems of different countries, this article may be helpful.
Full article>>
PPA...Ready or Not
Brian Donohue, FSA
2008 is upon us. Pension reform, a concern for most of the decade, is here. This article provides a review of the single-employer funding rules under PPA, reflecting regulatory guidance through December 2007. The discussion does not cover special issues for hybrid plans and does not consider at-risk calculations or benefit restriction rules. Full article>>
A Pension Section News Book Review: Annuity Markets and Pension Reform
Michael B Price, ASA
Read the Pension Section News’ review of Annuity Markets and Pension Reform, by George (Sandy) Mackenzie. Full article>>
Some Interesting Information about Phased Retirement
Anna Rappaport, FSA
The concept of phased retirement continues to generate significant interest as the baby boom approaches the later stages of its collective working life.  This article summarizes the highlights of a Conference Board-sponsored Web cast on phased retirement that took place in June of 2007. Full article>>
In Defense of Assumptions and Methods
Lawrence Mitchell, FSA
The first Pension Section News was published in June of 1989.  In this, our 20th year, we plan to take a look back in time by reprinting selected articles from the PSN’s earliest issues.  We begin with Larry Mitchell’s In Defense of Assumptions and Methods from Issue No. 5 (June 1990).
Full article>>
Actuaries - Risk is Opportunity
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