This paper outlines a method designed to help pension fund managers arrive at well substantiated policy decisions using asset/liability management (ALM) models. This is done by using techniques from the operations research literature on multi-criteria decision making and group decision support...

This paper outlines a risk decision support system designed to arrive at well-substantiated policy decisions using asset liability management (ALM) models. The risk decision support system explicitly takes into account that 1) there are multiple risk and return measures that are all important to...