Description: Provides perspective on how risk has been shared in a variety of retirement and insurance arrangements, and suggestions some ideas for innovations and different risk sharing in the future. Traditional retirement program are defined benefit and defined contribution, which have very different methods of risk sharing. The new ideas share risk differently. Offers some history of retirement and risk sharing. Goal is to improve retirement security.

Description: This article discusses female and male mortality rates, the lower mortality rate of females and the ramifications of the increasing female population in terms of equitable treatment and their roles in the workforce.

Description: This paper provides a summary of the Retirement Annuities Act of the Government of Alberta which came into force on July I, 1951. Two main purposes are served by the Act. The means are provided by which any Canadian citizen who has been resident in the Province of Alberta for the past three years may purchase a retirement income on very attractive terms. Further, the funds received under the Act will be loaned to municipalities for local improvements, at lower rates of interest than could be obtained on their own security. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This article summarizes Hubert Mueller's presentation at the SOA's Risk Management Seminar on the risk management of guarantees on equity-oriented products. It discusses 1 the market background, 2 the risk management process and 3 a case study on dynamic hedging.

Description: These notes are a follow-up to the paper 'Introduction to the Dynamics of Pension Funding' by the same authors and published in Transactions of Society of Actuaries 1976, Vol. 28. The purpose of that paper was to provide an introduction to mathematical principles applicable to pension funding under dynamic conditions of population growth, inflation, and automatic adjustment of benefits. The first note discusses a general contribution formula and a number of special cases and modifications. The second note concerns aggregate cost funding when the actuary uses assumptions about cost factors which differ consistently from cost experience. The final note concerns the variation of the annuity unit under a variable annuity program patterned after the plan employed by the College Retirement Equities Fund [CREF]. From Actuarial Research Clearing House 1981, Vol. 1.

Description: This article examines the number of years people have served on the SOA Board and categorizes these people in various ways in order to determine if there is a leadership establishment at the SOA.

Description: This is the abstract for the presentation on nonparametric estimation of CTE.

Description: This paper presents discrete interpolation formulas, specifically a new method of deriving some existing formulas. The paper uses graduation theory in the interpolation method. Also include is a discussion of the paper. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: This paper studies the joint distribution of the time of ruin, the surplus immediately before ruin, and the deficit at ruin. The classical model is generalized by discounting with respect to the time of ruin. The authors show how to calculate an expected discounted penalty, which is due at ruin, and may depend on the deficit at ruin and the surplus immediately before ruin.

Description: Analysis of IASB position on the discount rate to use in computing the Fair Value of Insurance Liabilities