23 February 2023
In this issue of Dear Actuary, we discuss changes implemented in the recent ASOP 4 rewrite regarding plan funding status, investment risk, and Actuarially Determined Contributions.
30 August 2022
Starting an OPEB plan may seem like a daunting task, but funding the plan consistently should allow for significant progress in a relatively short time
25 March 2022
The interest rate is perhaps the single most important assumption made to ensure a pension plan has enough money to pay promised benefits
17 November 2021
We don’t know whether a market correction is around the corner, so plan sponsors should remind themselves the current good news won’t continue indefinitely.
13 May 2021
A primer for plan sponsors on demographic and longevity risks and how they affect public pensions.
26 February 2021
Historically low interest rates make pension obligation bonds a possible low-cost solution to shoring up underfunded plans for communities.
19 January 2021
How are two separate dollar amounts for my pension actuarially equivalent?
23 November 2020
Should public plans consider annuity purchases?
23 November 2020
What is an actuarial audit and why do I need one?
21 September 2020
What are some of the risks related to ASOP 51 disclosures?