Description: The failure of a few large life insurers in the early 1990's led to public concern about the safety of annuities purchased by qualified retirement plans. As a result, the Department of Labor issued guidelines, known as the 'Safest Annuity Rule,' for selecting annuity providers. This study examines whether the Safest Annuity Rule is significantly changing the market for insured annuities issued to tax-qualified pension plans, particularly upon the termination of defined benefit plans. From Transactions of Society of Actuaries 1997-98 Reports.

Description: This report covers mortality among pensioners along with some some disability pensioner mortality experience.

Description: This is a discussion of the paper, A General Method of Calculating Experience Net Extra Premiums Based on the Standard Net Amount at Risk by Walter Shur.

Description: This 1979 report, prepared by the Society of Actuaries Committee on Self-Administered Retirement Plans, provides mortality experience among pensioners and some nonretired participants under certain large self-administered plans. From Transactions of Society of Actuaries 1979 Reports.

Description: This paper presents a short method of calculating, without approximation, substandard annual extra premiums based on the standard net amount at risk. The method proposed in this paper, is by means of specially constructed auxiliary commutation columns, eliminating the need for any summation, and producing exact values of any extra premiums by relatively simple formulas. A mathematical proof of the methodology is provided.

Description: In the United States and in Canada, certain legislative developments have been concerned with providing retirement benefit credits to employees who work beyond normal retirement. The purpose of this paper is to provide a practical guide for actuaries to estimate the effect that delaying retirement beyond age 65 has on the cost of a pension plan. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: It is the purpose of this paper to fill in this gap in connection with the methods developed for analyzing the costs of one of the largest pension plans in the country Railroad Retirement program. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.

Description: The purpose of this report is to lay the groundwork for a discussion as to what would go into a code of ethics, or a set of guides to professional conduct, if one were to be adopted for the Society. From Transactions of Society of Actuaries 1957, Vol. 9, No. 24.

Description: The purpose of this paper is to illustrate the effects of projected mortality on the pricing and valuation of individual immediate annuities. Also discusses considerations in underwriting substandard annuities. Finally, a discussion of this paper is included.

Description: This paper develops an equitable and practical method of calculating and assessing the required extra premiums to give insurance protection to those applicants subject to the factor in this latter group which includes most of the accident hazards connected with vocations and avocations. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.