Description: Introduction to 2012 Pension Forum covering Retirement 20/20 call for models papers. These papers outline specific ideas and designs for new retirement systems.

Description: Much has been written about the problems facing not only the Canadian retirement system but that of almost all countries. The author states that the current Canadian regulatory framework is disjointed, inconsistent and bureaucratic. The focus of this paper is to define, describe and discuss what the author sees as the fundamental first step in redefining Canadian pension plans.

Description: IRC Section 415 e by Beverly Rose from Pension Section News, October 1999, Issue No. 41.

Description: Employers and investors have suffered recently from taking too much investment risk inside their defined benefit DB plans, producing calls for more transparent accounting. Some employers have tried to eliminate this pension risk by moving to defined contribution DC plans. From Pension Section News, January 2005, Issue No. 57. However, this is not the only, or even the best, option available. From Pension Section News, January 2005, Issue No. 57.

Description: During the past few years, the Society of Actuaries Committee on Post-Retirement Needs and Risks has come to realize that employees are called on to make many decisions about their benefits, and increasingly, as more benefits are provided by their employers, the retirement security of the employee depends largely on the decisions they make. During the last two years, the Committee has moved into a new area – with two projects on the topic of Retirement Financial Advice. The first is a research paper focused on employer approaches to retirement financial advice, and the second is a guide for employers. Greg Ward, CFP®, Think Tank Director at Financial Finesse, served on the Project Oversight Group for the employer guide and the research paper. Greg works with employers and employees to promote financial wellness. This article offers some perspectives on the SOA reports.

Description: This issue of The Retirement Forum presents the four prize-winning papers from the Retirement 20/20 Call for Models for Public Pension Plans Contest, which was conducted in 2018, and includes commentary from reviewers of these papers and replies from the authors.

Description: This paper is a comment on the Tracker Plan, a concept for U.S. pension reform.

Description: The Total Career Benchmark Model, consistent with Retirement 20/20 principles, focuses on reconstructing and maintaining a consistent and reasonable sharing of risks and rewards amongst the four stakeholders: Individuals, Society, Employers and the Markets. Modern technology provides the necessary tools. A series of benchmarks are used for tax limits, target pensions, accrual to date etc. The self adjusting, consistent benchmarks under the TCB Model, means that all stakeholders speak the same language. Individuals and Employers can easily compare what they have to what they need – and more importantly can see how to accrue what is needed. An individual’s ability to tax shelter income over a career is not dependent on the design of any employer pension plan. All funds allocated to an individual remain the individual’s and are not used to subsidize another person – except for the inherent risk sharing of an annuity – by hidden transfers of value.

Description: This article discusses building new retirement systems. It references an article published in the Economist, 'Actuaries and the pensions crunch: When the spinning stops,' Jan. 26, 2006, and the stir that article created in the pension community. This article suggests that we take our understanding of the global economy, business models, shareholder expectations, employee expectations, employment risks, pre-retirement risks and the emerging retirement paradigm and create a new retirement system. From Pension Section News, April 2006, No. 61.

Description: This article provides an overview of approaches to phased retirement and offers information for employers to think about in designing and managing strategies.