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There are NOT two kinds of pension plans

Introductory presentations on pension plans often begin with an explanation that there are two kinds of pension plans: defined contribution and defined benefit. The problem with this starting point is that none of it is true.

An emerging actuarial application – condominium reserve funds (Part 2)

Reserve funds are used by condominiums to manage future repair and replacement costs. Actuarial work has traditionally been associated with reserves for insurance companies – but can these techniques be applied to condo reserves as well? Jon Juffs, co-author of a new CIA research paper, and Thomas Wendling, POG member for this research project, say yes.

An emerging actuarial application – condominium reserve funds (Part 1)

Reserve funds are used by condominiums to manage future repair and replacement costs. Actuarial work has traditionally been associated with reserves for insurance companies – but can these techniques be applied to condo reserves as well? Jon Juffs, co-author of a new CIA research paper, and Thomas Wendling, POG member for this research project, say yes.

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Canadian Institute of Actuaries
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Ottawa, Ontario K1R 7X7
SeeingBeyondRisk@cia-ica.ca