[FAM-news] PRisMa Day 2009 and 22nd Groupe Consultatif Colloquium

Sandra Trenovatz sandra at fam.tuwien.ac.at
Tue Sep 22 11:58:53 CEST 2009

Beside the

   PRisMa Day 2009 on Monday, September 28:
   (there is no fee, nevertheless we ask for registration)

we refer to the

   22nd Groupe Consultatif Colloquium "Pensions and Security"
   organised by Actuarial Association of Austria on Fr., October 23:

Please find details below.

Best regards,
Sandra Trenovatz

22nd Groupe Consultatif Colloquium "Pensions and Security"

Web Page:

Date: Friday, October 23, 2009, 9:00-19:00


Registration form:

Registration fee: 390 Euro

Closing date for registrations: October 2, 2009

Cancellation up to: October 12, 2009

Contact details:
  European Actuarial Academy,
  Hohenstaufenring 47-51
  50674 Cologne
  Phone: +49 221-912554-21
  E-mail: contact at actuarial-academy.com

Organized by the Actuarial Association of Austria

  Vienna University of Technology
  Lecture Theatre HS 17, Friedrich Hartmann Hörsaal
  Karlsplatz 13 (Main Building)
  Stiege VII, 3. Floor
  1040 Vienna, Austria

Description of Event:
The theme of this year's Colloquium is pensions and security: risks in 
pension systems and how to secure them. The past decade has brought 
broad recognition of the importance of pension systems to the economic 
stability of nations and the security of their ageing populations. As 
countries around the world grapple with the long-term affordability of 
their pensions systems, there are also growing demographic and economic 
pressures that are forcing both developing and developed countries to 
undertake urgent pension reforms. Most public pension schemes were not 
designed to deliver current benefit levels when confronted with today's 
major demographic and economic changes. Therefore, keeping existing 
systems afloat will require either cutting public spending on health and 
education, or cutting pensions drastically for the next generations of 
elderly. The experience with reforms over the past ten years has also 
shown that no one size fits all. The Colloquium will review a number of 
the key issues which influence the risks and security of pension 
systems, from various perspectives. There will be speakers from the 
World Bank, the pensions industry, the actuarial profession and the 
European Commission.


Thursday, October 22, 2009
19.00-21.30 Welcome reception and registration

Friday, October 23, 2009
09.30 Registration and coffee

10.00 Introduction and Welcome
       Bruce Maxwell - Chairman, Groupe Consultatif
       Philip Shier - Colloquium Chairman,
                      Chairman of Groupe Consultatif Pensions Committee,
                      Past President of Society of Actuaries in Ireland
       Christoph Krischanitz - President Aktuarvereinigung Österreichs

10.30 Longevity and Morality Tables
       Chresten Dengsoe - ATP Group, Denmark

11.30 Break

12.00 Defined Contribution Plans - Risks and Possibilities to Secure
       Risks of Employers and of Employees in Different Pension Systems
       Rokas Gylys - PriceWaterhouse, Lithuania Groupe
                     Consultatif Working Group on Defined Contribution 

13.00 Lunch

14.00 Accounting Rules - A System for Securing Pensions
       David Cairns - The World Bank, Europe and Central Asia Region

15.00 Reinsurance - A Way to Achieve Security
       Daria Kachakhidze - SCOR Global Life SE,
                           R&D Centre for Mortality and Longevity

16.00 Break

16.30 Update on Solvency for IORPs
       Karel van Hulle (to be confirmed)
          - European Commission Internal Market DG,
            Insurance and Pensions Unit

17.30 Close of the Colloquium
       Philip Shier - Colloquium Chairman

17.45 Coach departs for short drive from Technical University

18.30 Colloquium Dinner: Restaurant Oktogon Am Himmel

22:00 Return to hotels

  The language of the Colloquium will be English

Continuous Professional Development:
  Participants may claim up to 5 hours CPD for this Colloquium

Local Airlines:
  - Fly Niki <http://www.flyniki.com/>
  - Austrian Airlines: <http://www.aua.com/>

Railway: <http://www.oebb.at/>

Nearby Hotels: <http://alm.fam.tuwien.ac.at/hotels.php>

See you in Vienna! With best regards,

Uwe Schmock

Prof. Dr. Uwe Schmock
Institute for Mathematical Methods in Economics
Research Unit: Financial and Actuarial Mathematics
Vienna University of Technology
Wiedner Hauptstrasse 8-10/105-1
A-1040 Vienna

Personal Home Page:

Financial and Actuarial Mathematics (FAM) at TU Vienna

CD-Laboratory for Portfolio Risk Management (PRisMa Lab)

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