Description: discussion of mathematical calculations for various forms of annuities certain

Description: This special session 72OF of the Dallas Spring Meeting is structured in a guided forum style, much like a town meeting, and led by SOA President Robert L. Brown. It is designed to cover issues vital to the proposed Strategic Plan of the SOA. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 72OF

Description: Chapter 3 analyzes the sources of retirement income security within a system of three interdependent tiers of support: government, employer, and individual. Further, this chapter proposes that these three are part of a larger wealth transfer mechanism including other systems such a s health care and employment insurance. From Economic Security for an Aging Canadian Population, M-RS99-2.

Description: This paper attempts to distill from these various models a practical application of the key principles for reform.

Description: This paper attempts to distill from these various models a practical application of the key principles for reform.

Description: Chapter 6 examines the freezing of the Year's Basic Exemption YBE at $3500. While this reform seems small and is subtle, the importance of this change is discussed in detail. It is shown that this change saves the system little money but threatens the progressivity of the retirement income benefit within C/QPP. From Economic Security for an Aging Canadian Population, M-RS99-2.

Description: Chapter 4 review the evolution of the health care system in Canada, and how an aging population will create cost-escalation pressures on the health care system. The chapter does not address issues concerning the efficiency and efficacy of the present health care system. From Economic Security for an Aging Canadian Population, M-RS99-2.

Description: Presented at Living to 100 Symposium, January 2011. The first part of this paper gives background material on the existing Canadian Income Security system, including both government-sponsored systems and private sector supplements. The second part is the report from the Canadian Institute of Actuaries' Task Force on Government-Facilitated Retirement Income Plans published March 2010, which provided actuarial input to the Canadian pension reform debate.

Description: There is growing evidence of a positive correlation between income levels and longevity. In short, high-income earners live longer. That also means that high-income earners get larger retirement-income security benefits from Social Security. This correlation raises a number of questions: if Social Security contributions are a level percentage of earnings, and high-income earners live longer and receive larger Social Security benefits, then is Social Security regressive? If higher-income actually causes enhanced longevity, then would providing more Social Security benefits enhance population life expectancy? This paper analyzes both the OASDI system of the United States and the Canada/Quebec Pension Plans in Canada to see if these systems are 'a good deal' and whether they are regressive or progressive as defined above. From Actuarial Research Clearing House 1998 Vol. 1.

Description: List of References. From Economic Security for an Aging Canadian Population, M-RS99-2.