Tag: Actuarial issues

An analysis from the Society of Actuaries finds plans with lower discount rates actually had lower unfunded liabilities.

Plaintiffs in a newly filed lawsuit argue inaccurate liability valuations have resulted in costly pension plan management mistakes. 

Guidelines published by Transamerica highlight the importance of clean data and careful planning when it comes to minimizing defined benefit...

The notice also includes a modified unisex version of the mortality tables for use in determining minimum present value for...

The trend of public-sector retirement systems reducing investment return assumptions has been going on since 2008.

Lockton welcomes new chief compliance officer; EPIC Advisors acquires Actuarial Designs & Solutions; and Franklin Templeton adds new VPs of...

The new guidance is effective July 1 and will impact the way DB plans use interest rate assumptions to value...

The new GASB statement addresses practice issues raised by stakeholders during implementation of previous statements for financial reporting for government...

Client poll results shared by investment consulting firm NEPC show significant and increasing concern with the decisionmaking coming out of...

FASB says its objective is to improve the effectiveness of disclosures.

Researchers found that for 92 cities, the unfunded liability as a percentage of revenue rises from 37% before GASB 68...

What is driving DB plan sponsors to freeze their plans or change accounting methods, and is there anything that can...

The guidance is related to accounting and financial reporting of fiduciary activities, certain asset retirement obligations, and pension issues.

Nearly all plan sponsors—99%—decreased their discount rates last year, to a level that is unlikely to be reversed in 2015,...

The agency issued a new table for determining expected retirement ages for participants in pension plans undergoing distress or involuntary...

The city of Providence, Rhode Island, claimed its long-time actuary, Buck Consultants, incorrectly estimated savings it would see from suspending...

One career actuary tells PLANSPONSOR pension plan clients have voiced a range of strong emotions—even a sense of betrayal—after yet...

Stakeholders raised concerns regarding the inability of governments whose employees are provided pension benefits through multiple-employer pension plans to obtain...

SOA says the update will ensure pension plan actuaries have the most up-to-date information available.

Growth figures this year are in line with a previous Kravitz report that found the number of these plans surged...