PBSS Section
Chris Daykin Prize
The new annual prize for the best paper related to Pensions, Benefit or Social Security published in each year’s ASTIN Bulletin. In honor of the first chair of the PBSS section of the IAA and in recognition of his enormous contributions to the profession over the years, the award will be known as “The Chris Daykin” prize.
The prize comprises two portions:
1. A cash award of CAD 2,500 and
2. An invitation to one of the authors to present his or her paper and the next PBSS sponsored colloquium with reimbursement of the registration fee and expenses up to CAD 2,500. A committee of three PBSS Board members will make the final selection of the winner and their selection will be final.
There is no need to apply for the prize, but in order to be eligible, at least one of the authors must be a PBSS member before the publication.
Congratulations to the 2024 Winners: Peter A. Forsyth, Kenneth R. Vetzal and Graham Westmacott!
Optimal performance of a tontine overlay subject to withdrawal constraints
ASTIN Bulletin: The Journal of the IAA , Volume 54 , Issue 1 , January 2024 , pp. 94 - 128
Past Prize Winners
- 2024: Optimal Performance of a Tontine Overlay Subject to Withdrawal Constraints, Peter Forsyth, Kenneth Vetzal, and Graham Westmacott
- 2023: Intergenerational Risk Sharing in a Defined Contribution Pension System: Analysis with Bayesian Optimization, An Chen, Motonobu Kanagawa and Fangyuan Zhang
- 2025 JoCo São Paulo: Third time lucky? South Africa’s Path to Mandatory Pension Preservation, Megan Carswell, Andrea Bezuidenhout & Stephen Walker
- 2024 JoCo Brussels: Introducing AI in Pension Planning: A Comparative Study of Deep Learning and Fuzzy Mamdani Inference Systems for Estimating Replacement Rates, Pantelis Z. Lappas & George Symeonidis
- 2023 ICA Sydney: Pooled Contingent Annuity: A Low-cost Solution to Account-based Pensions’ Achilles Heel, Vivian Dang and Young Tan
- 2020 Paris Sections Virtual Colloquium: A New Pension System in Brazil? An Evaluation of the Fiscal and Distribute Impacts of the 2019 Pension Reform Proposal, Luis Eduardo Afonso
- 2019 Cape Town Sections Colloquium:
NDC Schemes and Heterogeneity in Longevity: Proposal for Redesigning, Jennifer Alonso García - 2018 ICA 2018 Berlin: Low Interest Rates and the Expected Impact of Retirement Provision, Alf Gohdes
- 2017 Cancun PBSS Colloquium: Forging a new, solid social security system for Greece: The NTS proposal
Valuation of Bermudan-DB-Underpin Option, George Symeonidis & Ziao Bai Zhu
- 2019: Tonuity: A Novel – Individual Oriented Retirement Plan, An Chen
- 2018: Drawing Down Retirement Savings. Do Pensions, Taxes and Government Transfers Matter Much for Optimal Decisions?, Bonnie Jean McDonald
- 2017: Life insurance and pension contracts II: The life cycle model with recursive utility, Knut Aease