Description: This 1981 discussion session focuses on economic assumptions for defined benefit pension plans including: 1. Investment return 2. Salary scales 3. The Spread - Investment return minus salary scale 4. Post-retirement increases 5. Increases in Social Security benefits 6. Effects of inflation and economy on other assumptions 7. Assumptions varying by calendar year

Description: This panel discussion session focuses on economic assumptions for pension plans including investment return salary scale the spread between investment return and salary scale and the effects of inflation and the economy on other assumptions. From Record of Society of Actuaries 1981, Vol. 7, No. 1.