New Designs for a New Century: 2010 Call for Models Events-Conference Report Released

This report presents headlines from the Retirement 20/20 initiative’s Call for Models contest and related events. This phase of Retirement 20/20 was initiated in mid-2009 with a call for “models” or papers written on new retirement system designs. Papers were received in early 2010 and judged by a panel of retirement experts including both actuaries and other industry professionals. Four winning papers and other select papers were featured in a conference sponsored by the Society of Actuaries (SOA) and the American Academy of Actuaries on June 2–3, 2010, in Washington, D.C. A second conference held in Canada on Dec. 8, 2010, was hosted by the C.D. Howe Institute and included co-sponsorship with that organization, the SOA and the Canadian Institute of Actuaries.

The two events were somewhat different in their content, as the U.S. event was solely focused on Retirement 20/20 papers and key themes originating from the papers, while the Canadian event used papers from a number of sources, including Retirement 20/20. Rather than being a report of the specific events and proceedings of the two events, this report highlights key themes and discussions that developed from the call for models papers and the related events and put them in the context of overall focus of the Retirement 20/20 initiative, the goal of creating better retirement systems for the 21st century.

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