Pensions, Benefits and Social Security

Created in November 2003, the Pensions, Benefits and Social Security Section (PBSS) is a special interest Section of the IAA which serves actuaries around the world with personal, professional, educational, or research interests in social protection as well as actuaries with interests in the commercial, social, and public policy issues concerning the provision of pensions and other benefits. The scope of the PBSS covers public programs and private pension plans, mutual benefit organizations, commercial insurance and pension company contracts, annuities, share options, and other employee benefit provision.

PBSS provides a platform for discussing technical and public policy issues, with an emphasis on how to best leverage the international character of its membership. Not only do PBSS members generate research, they act as catalysts for building the intellectual capital of the profession. This diverse Section also encourages non-actuaries with a public policy and research interest in social protection matters to join the PBSS and participate in its activities, thus enriching the Section’s discussions and deliberations. PBSS members receive on a monthly basis a reference list of papers that have been recently published
in diverse aspects of pensions and social security.

PBSS has also created an electronic library of pension, employee benefits and social security papers. As an added benefit, members receive a copy of the ASTIN Bulletin — The Journal of the IAA three times per year.

Other than in years with an International Congress of Actuaries, the PBSS organizes an annual colloquium in cooperation with a host actuarial association, sometimes jointly with other IAA Sections.

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