To enable investors to spend down the assets in their defined contribution accounts more
easily, the authors propose a decumulation benchmark comprising a laddered portfolio of TIPS …

The economic cost of a defined-benefit pension plan is the present value of future contributions.
The term structure of the sponsor's borrowing cost is the appropriate discount rate. The …

Comprehensive pension plan asset allocation in light of Financial Accounting Standard (FAS)
87 is not the subject of this note. This note assumes that the plan sponsor has already …

The performance of any retirement plan needs to be gauged against an appropriately chosen
benchmark. We explain the importance of making transparent the risks taken in retirement …

We study a class of models of dynamical weak-interaction symmetry breaking suggested by
the work of Weinberg and Susskind. We demonstrate in these models some simple relations …

We investigate the sense in which the coupling of soft external probes to heavy quark-antiquark
bound states may be considered a short-distance process. We apply an observation of …

In these lectures, I will review the theoretical concepts needed to understand the goals and
implications of experiments in this new era of weak interactions. I will explain how to compute …

Defined-contribution (DC) pension plan trustees and advisory firms need to focus greater
attention on choosing benchmarks. The authors of this article indicate how benchmarks should …

… Michael W. Peskin Michael W. Peskin is at Hudson Pilot, Inc. in New York City. …

… Michael W. Peskin Michael W. Peskin, Hudson Pilot, Inc., New York City …