Editorial

• A Health Research Agenda
• Howard J. Bolnick

Feature Articles

• Pension Plan Termination and Retirement
• Edward W. Frees

• Epidemic Modelling using SARS as a Case Study
• Na Jia and Lawrence Tsui

• The Earnings Implications of Pension Expense: A Stochastic Analysis of Ten Canadian Companies
• Paul Joss

• Modeling Surrender and Lapse Rates with Economic Variables
• Changki Kim

• Comparing Approximations for Risk Measures of Sums of Nonindependent Lognormal Random Variables
• Steven Vanduffel, Tom Hoedemakers, and Jan Dhaene

• Mixture Gaussian Time Series Modeling of Long-Term Market Returns
• Albert C. S. Wong and Wai-Sum Chan

• On a Classsical Risk Model with a Constant Dividend Barrier
• Xiaowen Zhou

Paper from the Managing Retirement Assets Symposium

• Real Longevity Insurance with a Deductible: Introduction to Advanced-Life Delayed Annuities (ALDA)
• Moshe A. Milevsky

Discussions of Papers Already Published

• "Pensions and Capital Structure: Why Hold Equities in the Pension Fund?"
• Discussion by Frank G. Bensics
• Discussion by David Blake and M. Zaki Khorasanee

• "The Time Value of Ruin in a Sparre Andersen Model"
• Discussion by Andrew C. Y. Ng
• Discussion by Chuancun Yin and Sung Nok Chiu
• Authors' Reply