Description: This session from the 1984 SOA Salt Lake City Meeting focuses on the FASB Discussion Memorandum regarding the accounting of pension and other post-employment benefits. It includes an update on any FASB action and then considers the responsibilities of accountants, plan sponsors and actuaries.

Description: The interest-adjusted method has come to be the most widely accepted method for comparing costs of individual life insurance policies. This paper presents a relatively simple modification of the interest-adjusted cost method that serves more general purposes satisfactorily. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: This discussion looks at topics of interest with Pension and Profit sharing, some questions posed were: Does a split-fund arrangement involving both insured and uninsured funds have advantages over either? Under what conditions are any such advantages most apparent? What disadvantages are there in such an arrangement? From Transactions of Society of Actuaries 1957, Vol. 9, No. 24.

Description: This is a discussion about pension plan design and mechanics including: 1. Adjustment of pension benefits for inflation, 2. Major revisions or plan terminations, 3. Development of group pension contracts, and 4. Design problems of negotiated plans. From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No. 55.

Description: An editorial on the insurance crisis with regards to liability insurance, and the breakdown of the liability system.

Description: In the environment of discussions about simplifying the tax code for individuals including eliminating many deductions, this editorial raises the question of the appropriateness of eliminating some of the tax benefits of employer benefit plans.

Description: This article is a review and discussion of the 1976 “Report of the Consultant Panel on Social Security to the United States Congressional Research Service.” The report contains the results of another government-initiated study of the OASDI system which puts forth a second solution to a problem first publicly identified by the 1975 Advisory Council on Social Security, a problem which has come to be known as the “decoupling issue.” Because the solution proposed by the actuaries and economists making up this consultant panel is significantly different from that of the Advisory Council, this report has inspired some degree of friendly debate among actuaries and others interested in the technicalities of the OASDI benefit formula. Panel members are Peter A. Diamond, James C. Hickman, Ernest J. Moorhead, and William C. Hsiao, Chairman.

Description: This is a discussion about computer modeling as a management tool. From Transactions of Society of Actuaries 1969, Vol 21 Pt. 2, No. 59

Description: This is a discussion about measuring and comparing net costs for life insurance and determining a proper method for doing so. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59AB

Description: This article discusses the changes to the Social Security System that were enacted at mid-year 1972 in Public Law 92-336. Among the changes are the so-called 'automatic' provisions,' under which Social Security benefits are periodically increased in step with the Consumer Price Index, and the earnings base is concurrently increased in step with average earnings levels.