3-B-1 - Adverse Selection - Effect on Pension Liabilities and Plan Design

Will annuitants have lower mortality in pension plans with a lump sum option? Do early retirement factors affect turnover? Panelists discuss how insurance actuaries reflect the effects of adverse selection on insurance and annuity design and pricing, and the implications for pension plan design and valuation. Note that the allocation of EA Core/Non-Core credit depends on the actual content of the presentation.

Speakers:

James G. Berberian

Gallagher

Ted Law

Reinsurance Group of America, Inc.

Credits:

CPD Credit: 1.50 EA Core Credit: 0.00 EA Ethics Credit: 0.00 EA Non-Core Credit: 1.50 EA Formal Credit: 1.50