News & Events: Events, Conferences and Workshops
Pension and Health Care Liabilities in the Corporate Sector
An International Dialogue, 25-26 May 2006
Please Note: This event has finished. For information on our current events please see our Events, Conferences and Workshops listing.
On behalf of the Centre for Employment, Work, and Finance, University of Oxford, Labor and Worklife Program, Harvard University, and the The Rotman International Centre for Pension Management, University of Toronto, we are pleased to be hosting an invited seminar on pension and health care liabilities in the private sector to be held in Oxford on the 25 and 26 of May, 2006. Support for this conference was provided, in part, by the Lupina Foundation (Toronto), the Transport Studies fund at Oxford and The British Academy.
The main purpose of the seminar is to bring together those affected by, and implicated in, today's corporate pension and health care obligation crisis, in order to engage each community in the formulation of a viable solution.
Summary of Conference Proceedings [PDF: 137KB]
Background Paper
- Gordon L. Clark and Ashby H.B. Monk. (2006) The "Crisis" in Defined Benefit Corporate Pension Liabilities: Current Solutions and Future Prospects. [PDF: 337KB]
Conference Agenda
The following details should assist you in preparing your trip to Oxford.
Transport
Oxford is roughly 60 miles from Heathrow airport. A coach service linking Heathrow to Oxford leaves every 30 minutes at the cost of ~£19 (round trip). The coach can be taken to various Oxford stops depending on the location of your hotel (see below). The journey is on average 75 minutes. Rental cars are not advised, as parking in Oxford is extremely difficult.
Hotel
There are a variety of hotels in Oxford. You are welcome to arrange accommodation for yourself, and we will reimburse you £100.
Christ Church College, the location of the seminar, is in central Oxford on St. Aldates. For hotels within walking distance try the following:
- The Old Bank Hotel
- The Royal Oxford Hotel
- The Old Parsonage Hotel
- The Old Black Horse Hotel
- Randolph Hotel
For more hotels see Oxford City's accommodation pages.
Conference Information / Registration
The seminar officially kicks off with dinner at 8:00pm on Thursday the 25th of May at Christ Church College in the McKenna room. Please arrive by 7:30pm, as we will hold a brief introduction before dinner in an adjacent room.
For detailed directions to the conference location please see Christ Church's website.
If you have any queries please contact Ashby Monk (ashby.monk@chch.ox.ac.uk).
Sincerely,
Gordon L. Clark (University of Oxford);
Richard Freeman (Harvard University);
Keith Ambachtsheer (University of Toronto); and
Ashby Monk (University of Oxford)
Additional Reading
- Ambachtsheer, K. (2005) Peter Drucker's Pension Legacy: A vision of what could be. The Ambachtsheer Letter: Research and Commentary on Pension Governance, Finance and Investments. [PDF: 248KB]
- M. Cardinale, G. Katz, J. Kumar and J.M. Orszag (2005) Background Risk and Pensions. Presented to the Institute of Actuaries, 28 November 2005. [PDF: 432KB]
- Gordon L. Clark (Forthcoming, 2006) The UK Occupational Pension System in Crisis. In, Hugh Pemberton, Pat Thane and Noel Whiteside (eds.) Britain's Pension Crisis: History and Policy. Oxford: Oxford University Press (for the British Academy). [PDF: 225KB]
- Zvi Bodie and Robert C. Merton (2002) International pension swaps. Pension Economics and Finance, 1(1) : 77-83. [PDF: 171KB]
- Li Jin, Robert C. Merton and Zvi Bodie (2004) Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan? [PDF: 115KB]
- Christian Weller and Dean Baker (2005) Smoothing the Waves of Pension Funding: Could Changes in Funding Rules Help Avoid Cyclical Under-funding? The Journal of Policy Reform, 8(2): 131–151. [PDF: 230KB]
- Teresa Ghilarducci (2006) The Changing Role of Employer Pensions: Tax Expenditures, Costs and Implications for Middle Class Elderly. [PDF: 219KB]

