Description: This is a discussion of the paper, 'Payment of Reserve in Addition to Face Amount' by Paul W. Nowlin and T. N. E. Greville, which discussed a method for determining the level premium for such coverage. This discussion applies risk theory to the insurance discussed in the paper.

Description: This paper contains personal reflections by Cecil Nesbitt of his 60 years as an actuarial student, teacher, practitioner and researcher to highlight actuarial highlights in North America since 1900. This article is not intended to be a definitive history of actuarial science developments in North America since the beginning of the century. Instead, readers should turn first to 'Actuarial Mathematics' [Proc. Symp. Appl. Math. 35, 1986] and peruse it alongside this article to gain detailed, introductory overviews of the diverse actuarial models that will be mentioned in this paper. The non-exhaustive list of references at the end of this paper is selected to aid such review by pointing the way to other more complete lists in regard to various topics mentioned herein. From Actuarial Research Clearing House 1990, Vol.1.

Description: This is a discussion of the title paper by Robert M. Duncan which outlines the use of a contributory money purchase plan with death benefits, and investments in equities, to fund pensions. The approach is critiqued.

Description: The Actuarial Education and Research Fund AERF is a not for profit corporation organized under the applicable law of the State of Illinois in 1976. This paper focuses on the maturing of AERF as well as its creation and implementation by the Society of Actuaries Committee on Professional Development.

Description: This is a discussion of the paper, 'Insurance for Face Amount or Paid-Up Insurance Amount if Greater' by Cecil Nesbitt and Marjorie Van Eenam.

Description: This Is a book review of 'Lebensversicherungsmathematik' by Hans U. Gerber. The book, written in German, is directed to younger readers who take pleasure in applied mathematics and who wish an introduction to life insurance mathematics. A well-organized and elegant introduction awaits their reading.

Description: These are discussions of the following research papers: 1. 'Actuarial Functions as Expected Values' by John A. Fibiger and Stephen G. Kellison, and 2. 'A New Look at Gain and Loss Analysis' by Arthur W. Anderson. From Transactions of Society of Actuaries 1971, Vol. 23, Pt. 1, No. 66 AB.

Description: This paper offers a mathematical discussion of integrating private pension plans with social security and looks at IRS rules, earnings replacement by social security, integrating defined benefit and defined contribution plans, early retirement, target plans, discrimination test and other issues. From Transactions of Society of Actuaries 1976, Vol. 28.

Description: In this paper, the author has systematically developed multiple decrement theory from the probabilistic viewpoint and, in doing so, has clarified connections between actuarial and statistical theory. From Transactions of Society of Actuaries 1964, Vol. 16, Pt. 1, No. 45.

Description: The purpose of this note is to demonstrate a general method for the solution of average age at death problems. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.