Description: Questions and answers related to the implementation of the 2012 Individual Annuity Reserving Table, including a projection scale example.

Description: The Mortality Improvement subgroup of the American Academy of Actuaries’ Life Experience Committee and the Society of Actuaries’ Preferred Mortality Oversight Group Valuation Basic Table Team has released a recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: The article is an editorial on annuitant mortality over sixty years, 1923, 1943, 1963 and 1983.

Description: This report, from the Society of Actuaries [SOA] ‘Experience Studies – Individual Annuities,’ and prepared by the Payout Annuity Mortality Study Working Group of the Individual Annuity Experience Committee of the SOA, is an experience study of individual payout annuities, covering calendar years 2000 through 2004. The intent of this study is to provide recent annuitant mortality experience which can be compared to the Annuity 2000 Mortality Table, and provide a basis for a possible revision to that table. The study includes immediate annuities, annuitizations, and life settlement options of life insurance and annuity death claims. The report includes two Excel workbooks.

Description: This report describes the development of the 2008 Valuation Basic Table. It incorporates the Primary Tables, the Relative Risk Tables and the Limited Underwriting Tables.

Description: The Society’s Committee to Recommend a New Mortality Basis for Individual Annuity Valuation was formed in 1980 at NAIC request because the margins in the 1971 IAM Table had eroded. This article describes the development of the 1983 Table a and shows how well the 1973 Experience Table fits the underlying data.

Description: Syllabus for Fall 2013 Individual Life and Annuities, Life Finance and Valuation, U.S.

Description: View the spring 2014 Individual Life and Annuity Life Finance & Valuation syllabus.

Description: View this Spring 2017 exam introductory study note.

Description: This article discusses many of the complexities of the new IDI valuation table and how they might impact the implementation process.