Description: The purpose of this paper is to explore pension plan metrics— – measuring the behavior of a defined- benefit pension plan in an uncertain environment. Our goal is to measure and evaluate the quantitative impact of competing policy choices. We proceed by investigating some basic pension metrics, evaluating the characteristics of each using a simulated pension plan. We find that some typical metrics— – such as the mean and standard deviation— – are useful only in certain circumstances and that other less traditional measurements are sometimes better suited to evaluating policy choices.

Description: This article provides an overview of the laws and regulations governing pension funding and suggests analysis which will enable the plan sponsor to capitalize on contribution options and coordinate long and short term funding strategies.

Description: From the Future of Pension Plan Funding and Disclosure Monograph, held July 14-15, 2005 in Washington, DC.

Description: This is a discussion of the paper, Measure of Actuarial Soundness in a Pension Plan of the Railroad Retirement Type by Abraham M. Niessen. From Transactions of Society of Actuaries 1954, Vol. 6, No. 16.

Description: Discussion on problems encountered in filling out the Schedule B and how to solve them. The session will cover reconciliation account, current liability calculations and suggestions for improvement. From the Record of the Society of Actuaries 1992, Vol.18, No. 1A.

Description: Presented at October 1985 Annual Meeting. This session discussion is about concerns of the IRS and of the actuarial profession.

Description: Paper presents a conceptual approach that could improve the security of retiree benefits while reducing the variability of employer contributions and improving the long-term prospects of the plan as a whole.