Description: Discusses the Canadian Institute of Actuaries report on whether the normal retirement age in Canadian social security programs and private programs should be increased and possible impacts.

Description: A theoretical study of the interrelationship between the financial and insurance risk markets.

Description: Statistics were invented to describe heterogeneity and are now applied to tackle alea. It may not be appropriate. Let's clarify their field of relevance.

Description: The paper gives two criteria for fit and uses two different criteria to transform an initial graduation into one with better fit. It is shown that the two sets of criteria give the same transformation. The mathematical relationships between the two sets of criteria are then derived. It is clear from those relationships that when one set of criteria is small, the other set is small [but reasonably the same]. Some general comments on various measures of fit are made.

Description: The comments of DxCG about their participation in the SOA study A Comparative Analysis of Claims-Based Tools for Health Risk Assessment.

Description: This article focuses on one fundamental modeling assumption — the choice of a benchmark rate or risk-free rate. The author looks at this bond market assumption as a case study of how one needs to monitor fundamental market changes for their impact on assumptions.

Description: This is a transcript of a session at the Spring 1975 Meeting in New York and discussed the impact of economic conditions on current pension plan design, funding indexed benefits, investment of pension funds, actuarial responsibilities under ERISA and future outlook. 1975 Record, Vol.1, No.2

Description: A discussion of methods used to determine the liability of segregated fund or separate account investment guarantees.

Description: The author encourages the use of sound actuarial principles to develop reasonable retirement spending budgets instead of rule of thumb approaches commonly used.