PROGRAM

October 5 (Mon)

9:30-10:30  Opening Ceremony    [Orion]

Organizer Speech
Mr. Kouichi Kojima
President of the JSCPA
PBSS Chairman's Speech
Mr. Christopher David Daykin
Chairman of the PBSS section
Guest Speech
Mr. Hiroshi Abe
Director Actuarial Affairs Division, Pension Bureau, Ministry of Health, Labour and Welfare
Mr. Katsumi Hikasa
President of the IAA

10:30-11:45  Plenary Session 1    [Orion]

Presentation Slide

Opening Lecture
Prof. Hideo Nagai
Professor and Director of Center for the Study of Finance and Insurance at Osaka University
Ito's lemma and applications

11:45-12:30  Plenary Session 2    [Orion]

Presentation Slide

Opening Lecture
Mr. Christopher David Daykin
Chairman of the PBSS section
The Impact of the Global Financial Crisis on Social Security and Pensions

13:45-14:45  Plenary Session 3    [Orion]

Presentation Slide

Opening Lecture
Mr. Kenji Yoshihara
Employees' Pension Welfare Corporation
The Current Status and Future of Pensions in Japan

15:45-18:15  Parallel Session A    [Orion]

Key Theme 1. Social security and corporate pensions in Asia

Ai Ju Shao Taiwan Old-Age Security Systems: Equity and Sustainability Implications
Stuart Hamilton Leckie A Review of the National Social Security Fund in China
Subrahmanyam Kollimarla PAPER ON THE SOCIAL SECURITY AND CORPORATE PENSIONS IN INDIA
David D. Moo Retirement and Savings Plans in China
Nobuhiro Shimizu Appropriate Structures and Mechanisms of Risk-Sharing in a Nursery Plan: Challenges for the Occupational Pension System of Japan

15:45-18:15  Parallel Session B    [606]

Key Theme 2. Accounting for post employment benefits

Yuzo Fujimoto Considerations about the Definition of Post-employment Benefit Obligation
Ken Sugita Issues with the Preliminary Views on Amendments to IAS 19 Employee Benefits

Key Theme 4. Investment of pension plan assets

Eric Ralaimiadana The asset and management tool of a public agency
Arihiro Okamoto The Point of Concern about the Implementation of Liability-Driven Investment (LDI) in a Pension Plan in Japan
Raimond Helmut Maurer Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts

15:45-18:00  Parallel Session C    [Subaru]

IACA Session:
Pensions, Benefits and Social Security from a Supranational Perspective

Mr. Kenneth G. Buffin
PENSIONS BENEFITS AND SOCIAL SECURITY FROM A
SUPRANATIONAL PERSPECTIVE

Presentation Slide

Mr. Hideyuki Yoshida
Introducing International Association of Consulting Actuaries (IACA)

Presentation Slide

Ms. Yvonne YM Sin
Financial Crisis and the future of risk management

Presentation Slide

October 6 (Tue)

9:00-12:30  Plenary Session 4  Pensions in Asia    [Orion]

9:00-10:30  Keynote Speech

Keynote Speakers
Prof. Xiaojun Wang
Director and Professor, Renmin University of China, School of Statistics,
Risk Management and Actuarial Studies Center
China's Social Pension Systems - Problems and future challenges

Presentation Slide

Ms. Yvonne YM Sin
Watson Wyatt Hong Kong Limited
Former lead specialist in the Social Protection Department of the World Bank
Social Security and Corporate Pensions in Asian Countries

Presentation Slide

Mr. Hiroshi Yamabana
ILO Geneva
Pension system in Asia and the Pacific ILO Perspectives

Presentation Slide

11:00-12:30  Panel Discussion

Moderator
Mr. Junichi Sakamoto
Nomura Research Institute, Former Japanese Government Actuary
Panelists
Prof. Xiaojun Wang
Ms. Yvonne YM Sin
Mr. Hiroshi Yamabana
Mr. Subrahmanyam Kollimaria (Institute of Actuaries of India)

14:00-15:30  Parallel Session D1    [606]

Key Theme 3. Corporate (private) post employment benefits

Miki Arimori The 2012 Issues in the Japanese Corporate Pension Plans
Satoshi Kojima Challenge of Japanese Small and Mid-sized Companies' Pension Plans
Tomoyuki Okochi Financial management and protection of eligibility in corporate pension in Japan

14:00-15:30  Parallel Session D2    [Orion]

Key Theme 3. Corporate (private) post employment benefits

Katsuhiro Yagura Consideration of Converting to Company-Group DB Pension Plans
Takehiko Yokoyama
Hidenobu Ishizawa
Toshikazu Asami
Future prospects for Koseinenkinkikin, one type of Defined-benefit Employee Pension Fund in Japan
Jun Sasaki The simulation of a deficiency on a plan termination basis in defined benefit pension plans

14:00-15:30  Parallel Session E1    [Subaru]

Key Theme 5. Social security

Carmen Boado-Penas Models of the actuarial balance of pay-as-you-go pension systems: A review and some lessons
Seiichi Inagaki Prospects of the Income Distribution for the Elderly in Japan
- Effect of Proposals for Pension Reform -
Geoffrey David Rashbrooke Simple, effective and (relatively) inexpensive: a view of New Zealand retirement income policy in an international context

16:00-17:30  Parallel Session D3    [606]

Key Theme 3. Corporate (private) post employment benefits

Yoshinori Ueta Consideration of the structures and techniques of risk sharing in cash balance pension plans
Takeshige Ota Cash Balance Pension Plan in Japan - Current Situation and Future -
Ignacio del Barco Martínez FROM DEFINED BENEFITS TO DEFINED CONTRIBUTIONS IN SPAIN: AN EVALUATION OF THE LAST 20 YEARS. Are hybrid models the solution?

16:00-17:30  Parallel Session D4    [Orion]

Key Theme 3. Corporate (private) post employment benefits

Tsuyoshi Kasahara A study of retirement benefit reductions
Takashi Ogawa
Kenji Kusakabe
Akihiro Nagakura
Trends in post-employment benefits in Japan and considering the way for more sustainable schemes
John Douglas Anderson South Africa : Member Bevaviour Survey and Impact on Net Replacement Ratios

16:00-17:30  Parallel Session E2    [Subaru]

Key Theme 5. Social security

Munekazu Kawachi Is the Benefit from Public Pension Adequate for retired Workers in Japan
Pierre Devolder NDC Dynamic Equilibrium Model with financial and demographic risks
Junichi Sakamoto Some Weaknesses of A Benefit Level Indicator

17:40-18:10  Closing Ceremony    [Orion]
(including the invitation address to the ICA 2010 in Cape Town, South Africa)

Mr. Christopher David DaykinPresentation SlidePaper
Chairman of the PBSS section