Session from the 2010 CCA Annual Meeting
14 - Volatility Adjusted Discount Rates and Projections
10/25/2010 - 2:15 – 3:30 PM
Session Category: Employee Benefits - Beyond Corporate Retirement Plans
Credits:
EA Core 1.50 CPD 1.50
Public sector plans used a single discount rate expected to reflect the long-term return of investments; however, actual returns may significantly deviate from the long-term return assumption. Speakers at this session focus on new ways actuaries can manage the disconnect between the volatility of the market returns and a static deterministic discount rate and communicate this disconnect to their clients. Stochastic present values and projection valuations are discussed.
Speakers:
1.
Nick John Collier
- Milliman Inc.
2.
Dimitry D. Mindlin
- CDI Advisors LLC
Session Coordinator/Recorder:
Brandon Robert Smith
- Deloitte Consulting LLP
