Description: The author delves into other important parts that should be in the scope of model validation besides the code.

Description: The article focuses on the use of predictive analytics in the development of experience studies, pros and cons of using predictive analytics versus traditional techniques, and the implications for setting assumptions and improving profitability.

Description: This article summarizes the work of the SFAS No. 106 implementation task force which was formed to consider the needs of practicing actuaries, inform the appropriate standing committees of these needs, and prompt these committees toward quick resolution of any outstanding issues.

Description: Book review of The Fundamentals of Pension Mathematics by Barnet E. Barin. Mr. Griffin supports the text as a valuable contribution in particular his analysis of gains/losses by source during the transition to utilizing computers for pension valuation.

Description: Derives two troublesome formulas in the Gain and Loss Exhibit of the Statement using techniques developed in Measurement of Mortality. The formulas in question are those for Tabular Interest.

Description: A review of 'Life Contingencies' by Alistair Neill, to be used as a textbook for the Institute and Faculty of Actuaries examinations.

Description: Review of Fifty-Second Annual Report of the Board of Actuaries of the Civil Service Retirement System. The authors found it to be a concise well written report discussing a number of issues facing all pensions in an inflationary economy. Both the title and the dull format in the usual Government Printing Office style would seem to insure this document's instantaneous consignment to dead storage. However, behind the cover of this small pamphlet is a concise, well written report discussing-a-number of the issues facing not only federal pension programs at the present time, but all pensions in an inflationary economy. For example, several of the 11 pages devoted to the main report discuss the implications of static assumptions ignoring inflation as opposed to dynamic assumptions including inflation.

Description: Outline of modifications to formulas in previously released FORTRAN program to compute two-life annuities, including those designated 'qualified joint and survivor annuities' in the ERISA Act of 1974.

Description: Discusses determining the internal rate of return on short sales of investments.

Description: A review of the book Second Book of Running, James Fixx presents studies that show a cause-and-effect relation between exercise and cardiovascular health.