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Forum: Pension - Social Security 06-22-2009, 12:12 PM
Replies: 16
Views: 2,578
Posted By Emily
Interestingly, the requirements of ASOP 44 are...

Interestingly, the requirements of ASOP 44 are much weaker than Seeling says. He says, "the asset values must fall within a reasonable range around the corresponding market values." ASOP 44 doesn't...
Forum: Pension - Social Security 05-29-2009, 01:04 PM
Replies: 16
Views: 3,265
Posted By Emily
I don't think it has to do with early retirement...

I don't think it has to do with early retirement subsidies. The DOL opinion actually talks about DC plans. The issue is that the pilot is eligible to retire and could do so and withdraw the money,...
Forum: Pension - Social Security 05-27-2009, 01:40 PM
Replies: 16
Views: 3,265
Posted By Emily
It's a combination. Federal law allows the...

It's a combination. Federal law allows the alternate payee to start collecting before the member retires, assuming the member is eligible to retire. The plan, however, allows lump sums as an...
Forum: Pension - Social Security 05-27-2009, 11:35 AM
Replies: 4
Views: 1,156
Posted By Emily
Have your clients asked you to predict this...

Have your clients asked you to predict this year's change in CPI? What line of work are you in?
Forum: Pension - Social Security 05-22-2009, 12:18 PM
Replies: 1,010
Views: 155,957
Posted By Emily
I guess you are referring to this part. ...

I guess you are referring to this part.


The IRS has quite a bit of authority over public sector plans. The first part might be referring to 415 limits, and the second part might be 401(h). ...
Forum: Pension - Social Security 05-08-2009, 06:59 PM
Replies: 1,010
Views: 155,957
Posted By Emily
They aren't scare quotes. Apparently, that...

They aren't scare quotes. Apparently, that contribution is required by statute. The statute calls it the required contribution. But since they don't contribute that amount, it wouldn't be accurate...
Forum: Exams - General 04-13-2009, 12:09 PM
Replies: 12
Views: 3,096
Posted By Emily
I find falling asleep requires too much effort. ...

I find falling asleep requires too much effort. I can't bear to do it more than once a day.
Forum: Pension - Social Security 04-13-2009, 11:57 AM
Replies: 1,010
Views: 155,957
Posted By Emily
I have to say, I agree with WWSituation on this...

I have to say, I agree with WWSituation on this one. In the two consulting firms I've worked for, the actuaries and investment consultants ageed 100%. You can't include alpha in the EROA. It's...
Forum: Pension - Social Security 03-16-2009, 12:24 PM
Replies: 1,010
Views: 155,957
Posted By Emily
That's not true. Sponsors can buy annuities...

That's not true. Sponsors can buy annuities whenever they like. Some plans have group contracts to buy annuities as each member retires. Other plans will buy them in blocks when the rates are...
Forum: Pension - Social Security 03-04-2009, 01:55 PM
Replies: 1
Views: 969
Posted By Emily
Nouns like Minimum Required Contribution are...

Nouns like Minimum Required Contribution are treated like proper nouns, because they refer to specific things that have strict definitions. Something like the recommended contribution, on the other...
Forum: Foundations of CFE Exam 01-08-2009, 02:08 PM
Replies: 154
Views: 14,002
Posted By Emily
This seems a little inconsistant with most of the...

This seems a little inconsistant with most of the advice here.
Forum: Non-Actuarial Topics 01-08-2009, 01:58 PM
Replies: 49
Views: 3,490
Posted By Emily
I think stainless steel contains iron, but you'd...

I think stainless steel contains iron, but you'd have to ask an engineer. Maybe they have a forum somewhere.
Forum: Pension - Social Security 01-08-2009, 12:53 PM
Replies: 1,010
Views: 155,957
Posted By Emily
It's been nouned. Live with it.

It's been nouned. Live with it.
Forum: EA Exam 01-05-2009, 08:02 PM
Replies: 51
Views: 6,748
Posted By Emily
There were only 39 last year. This one must have...

There were only 39 last year. This one must have been relatively easy.
Forum: Pension - Social Security 12-30-2008, 05:47 PM
Replies: 1,010
Views: 155,957
Posted By Emily
We tell the reporters. We can't make them print...

We tell the reporters. We can't make them print it.
Forum: Pension - Social Security 12-30-2008, 01:42 PM
Replies: 1,010
Views: 155,957
Posted By Emily
That isn't hard to do. That is what pension...

That isn't hard to do. That is what pension actuaries calculate. The level percent of pay that is required to fund the retirement benefit over the working career of the employee. So you can factor...
Forum: Pension - Social Security 12-22-2008, 12:07 PM
Replies: 48
Views: 8,158
Posted By Emily
So, you're saying there's a chance!

So, you're saying there's a chance!
Forum: Pension - Social Security 12-10-2008, 06:07 PM
Replies: 1,010
Views: 155,957
Posted By Emily
Good comments, but not relevant to public plans. ...

Good comments, but not relevant to public plans. You can pretend there is no difference, if you like.
Forum: Pension - Social Security 12-08-2008, 06:11 PM
Replies: 1,010
Views: 155,957
Posted By Emily
They've been earning that risk premium for...

They've been earning that risk premium for several decades. They aren't about to throw it away.
Forum: Pension - Social Security 12-08-2008, 12:22 PM
Replies: 1,010
Views: 155,957
Posted By Emily
That's why they use smoothing and have other...

That's why they use smoothing and have other reserves. For every person that complains about the return in a bad market year, there would be a hundred people complaining in a good market year if the...
Forum: Pension - Social Security 12-01-2008, 07:00 PM
Replies: 1,010
Views: 155,957
Posted By Emily
Those firefighters get some sweet benefits. ...

Those firefighters get some sweet benefits. That's the first place I'd try to cut back if I were a public official.
Forum: Non-Actuarial Topics 11-20-2008, 12:21 PM
Replies: 24
Views: 2,389
Posted By Emily
Now you can start your own satellite radio...

Now you can start your own satellite radio company and compete with them. Just sign some big name shock jock, and you're golden.
Forum: Pension - Social Security 11-20-2008, 11:39 AM
Replies: 9
Views: 1,179
Posted By Emily
Are all non-profit entities governmental...

Are all non-profit entities governmental entities? I thought the reason they didn't pay income tax was that they, by definition, had no profits.
Forum: Careers - Employment 11-19-2008, 12:07 PM
Replies: 10
Views: 2,052
Posted By Emily
I am not one, but since no one else responded I...

I am not one, but since no one else responded I might as well. I think they work for insurance companies. They play some role in ALM. In order to do ALM properly you need someone who understands...
Forum: Non-Actuarial Topics 11-18-2008, 01:47 PM
Replies: 44
Views: 3,237
Posted By Emily
Stupid or not, people do fall for these. I can't...

Stupid or not, people do fall for these. I can't explain how exactly, but something happens when the greed switch bypasses the common sense junction or something or other. There was a US...
Showing results 1 to 25 of 300

 

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