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PAPO = Pension Actuary Pecking Order
John Bury in NJ.com Link to more items from this source
[Opinion]
Apr. 10, 2008

Excerpt: Pension actuaries are a little like doctors, less about 5 years of advanced pre-training and fewer malpractice worries since we've sufficiently complicated simple concepts to dissuade even trial lawyers from wading through our rationales. We've had this regulatory lattice since ERISA in 1974 with changes periodically when either the government needs money or a spate of plans fail.  MORE >>

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