© 2010 The Actuarial Profession www.actuaries.org.uk
Pensions, Benefits and Social Security Section
Colloquium 2011, Edinburgh, United Kingdom
PBSS Section
General Meeting
Welcome to the PBSS General Meeting in Edinburgh
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Agenda
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© 2010 The Actuarial Profession www.actuaries.org.uk
Welcome, Introduction and Apologies
Secretary’s Report
Treasurer’s Report
Membership dues for 2012
Election of Committee members
Changes to PBSS Section rules
Future activities
© 2010 The Actuarial Profession www.actuaries.org.uk
PBSS Annual General Meeting
26 September 2011, Edinburgh, United Kingdom
Estimated Amount of the PBSS Reserve Fund
(As at 31 December 2010)
1. Es timate d amount of the re s e rve fund of the PBSS CAD 13,329
2. De tails
(i) Balance as at 31 December 2009 (1) CAD 5,518
(ii) Revenue
- Dues received during 1-4 Q CAD 20,180
- Deferred revenue
- bank interest CAD161
- Subtotal (2) CAD 20,341
(iii) Expenses
- audit 2010 CAD 350
- ASTIN BULLETIN (2010 shipping fee) CAD 2,550
- bank charge CAD 15
- teleconferencing CAD 724
- 2010 administrative fee CAD 6,075
- travel expense for the ISSA Conference in Ottawa (Mr. Castro) CAD 2,816
- deferred dues for 2010
- Subtotal (3) CAD 12,530
(iv) Estimated balance as at 31 December 2009 ((1) + (2) - (3)) CAD 13,329
3. Note s
(i) Sweden paid the dues for its 12 members at CAD 40 permember. This is why the amount of dues received is not a multiple of CAD 50.
(Appendix 1)
Development of PBSS Reserve Fund
(2004-2009)period 1st Q 2004 - 3rd Q 2005 4th Q 2005 - 4th Q 2006 1st Q 2007 - 4th Q 2007 1st Q 2008 - 4th Q 2008 1st Q 2009 - 4th Q 2009 Revenue dues 15,293 9,960 16,960 17,440 16,760 bank interest 8 152 570 332 0 miscellaneous 82 -total (a) 15,301 10,112 17,612 17,772 16,760 Expenditures administaration fees 316 735 3,165 1,770 6,205 bank charges 33 270 652 446 504 teleconferencing fees 214 123 -audit fees 1,365 2,205
shipping fees (ASTIN BULLETIN) 3,035 4,013
bursaries 2,000
miscellaneous 520 44,469
total (b) 349 3,005 4,031 7,260 57,396
Difference((a)-(b)) 14,953 7,107 13,581 10,513 -40,636
Estimated reserve fund
at the end of the period 14,953 22,060 35,641 46,152 5,518
(Note1) All figures are in Canadian dollars (CAD).
(Appendix 2)
Development of PBSS Reserve
Fund
(2010)period 1st Q 2010 - 4rd Q 2010 Re ve nue dues 20,180 bank interest 161 miscellaneous total (a) 20,341 Expe nditure s administaration fees 6,075 bank charges 15 teleconferencing fees 724 audit fees 350
shipping fees (ASTIN BULLETIN) 2,550 bursaries
miscellaneous 12,530
total (b)
Diffe re nce((a)-(b)) 7,811
Estimate d re se rve fund
at the e nd of the pe riod 13,329
(Note1) All figures are in Canadian dollars (CAD).
Agenda
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© 2010 The Actuarial Profession www.actuaries.org.uk
Welcome, Introduction and Apologies
Secretary’s Report
Treasurer’s Report
Membership dues for 2012
Election of Committee members – IAA delegates
Changes to PBSS Section rules
Future activities
Committee Members – 2010-11
Chris Daykin - Chairman Marius du Toit - Secretary
Junichi Sakamoto – Treasurer Doug Andrews Ken Buffin Alvaro Castro-Gutierrez Deborah Cooper Alf Gohdes Rodrigo Ibarro Geoff Rashbrooke IAA delegates Rob Brown Gary Hibbard Now retiring/resigning Eduard Ponds (2004-2011) Tadashi Nakada (2007-2011) Junichi Sakamoto (2004-2011) 8
Committee Members – 2011-12
Chris Daykin (UK) Marius du Toit (ZA) Doug Andrews (CAN) Ken Buffin (USA)
Alvaro Castro-Gutierrez (CH) Deborah Cooper (UK)
Alf Gohdes (D)
Rodrigo Ibarro (ECU) Geoff Rashbrooke (NZ)
IAA delegates
Gary Hibbard (UK)
Junichi Sakamoto (JAP)
3 vacancies for election 4 candidates
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Candidates for election to the PBSS Committee
(3 vacancies)
• Alan Cooke (Canada)
• Florian Leger (France/Switzerland)
• Abraham Ernesto Hernandez Pacheco (Mexico)
• Nobuhiro Shimizu (Japan)
Any other candidates?
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Agenda
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© 2010 The Actuarial Profession www.actuaries.org.uk
Welcome, Introduction and Apologies
Secretary’s Report
Treasurer’s Report
Membership dues for 2012
Election of Committee members – Gary Hibbard
Changes to PBSS Section rules
Future activities
Agenda
12
© 2010 The Actuarial Profession www.actuaries.org.uk
Welcome, Introduction and Apologies
Secretary’s Report
Treasurer’s Report
Membership dues for 2012
Election of Committee members – Gary Hibbard
Changes to PBSS Section rules
Future activities
Future activities
• Mini-Congress – Hong Kong, 6-9 May 2012
– Joint Colloquium with IAAHS and IACA
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Future activities
• Mini-Congress – Hong Kong, 6-9 May 2012
– Joint Colloquium with IAAHS and IACA
• 2013 Colloquium – Lyon, France, late June 2013
– Joint Colloquium with AFIR
• International Congress of Actuaries, Washington DC, USA
– 30 March – 4 April
• 2015 Colloquium – Oslo, Norway, May/June 2015
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Agenda
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© 2010 The Actuarial Profession www.actuaries.org.uk
Welcome, Introduction and Apologies
Secretary’s Report
Treasurer’s Report
Membership dues for 2012
Election of Committee members – Gary Hibbard
Changes to PBSS Section rules
Future activities
Gala Dinner at Mansfield Traquair
Buses at 19.30 from Royal College of Physicians
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