Description: This is a paper from the session on Retirement Factors and Stages at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: Panelists discuss: [1] two American Council of Life Insurance [ACLI] studies, one covering U.S. programs and the other covering Canadian programs, [2] characteristics and attitudes of Americans aged 50 to 64, [3] older baby boomers as potential customers, and [4] long-range consequences of baby boomers on social insurance programs. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: This is an address regarding the demographic and economic forces on retirement age. It discusses why 65 is the common age of normal retirement and any trends that have been emerging. From Record of the Society of Actuaries 1979, Volume 5, No. 2.

Description: This article was presented at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries and addresses the impact of the following changes on future needs for pension coverage, future amounts of pension benefits, and costs of funding.

Description: The abstract for the paper The Effects of Advanced Age Mortality Improvement on the Valuation of Variable Annuities with Guaranteed Death Benefits.

Description: This report examines the impact of the COVID-19 pandemic on mental illness and the impact of mental illness on mortality and longevity in the U.S.

Description: Retirement planning generally includes a focus on decisions needed at time of retirement, but it often fails to focus on changes during retirement and additional decisions needed as people age. The 2021 SOA Risk Survey and other SOA research documents the lack of focus on future change. It is common for people to lose cognitive ability and generally to become less able to make decisions, manage their finances, their medical care and their lives at high ages.This panel focuses on communication and decision issues. The SOA has recently issued a decision guide on High Age Decisions. The brief identifies four domains for high age decisions: ·Health, health care and staying healthy ·Managing finances ·Housing and transportation ·Support networks The panel will include a discussion of communications and how we change, problems of physical, hearing, sight or cognitive decline and the challenges created and the four domains in the SOA Decision Brief.

Description: "Informal caregiving is far more costly than many people realize. And not just in the immediate future. Current demographic trends suggest that caregiving will become even more necessary and costly as the Baby Boomers continue to age and require more support and services. In 2022, the SOA engaged Milliman, Inc. to conduct an analysis of the need for informal caregiving and its impacts on employees, employers, and other stakeholders. The purpose of this research was to educate stakeholders, policymakers, and other interested parties on the realm of informal caregiving, as well as how the challenges associated with providing informal care of all kinds might be addressed. Discover key findings and themes from the research project, as well as stories highlighting the various forms this role can take, and solutions currently being developed around the country. An open discussion on ways our profession can impact this growing need with the work we do every day in our respective roles will also be included."

Description: Discover the impact of COVID-19 on member costs post diagnosis and the future of mortality in this Emerging Long Term COVID-19 Trends webcast. This webcast will be split up into Health and Life portions. During the Health portion of this webcasts, you will learn more about the impact on risk scores due to recent findings. Enjoy this discussion and further dive into the emerging COVID-19 trends that may affect how you conduct business practices. At the Life portion, the SOA Research Institute assembled a panel of mortality experts who will express opinions on the effects of the U.S. mortality rate for general, insured and pension populations in the short-term.

Description: All things considered, caution needs to be applied to the use of so-called “standard” mortality tables. Sharpening up these blunt estimates by using individual assumptions reveals material differences in the structure of longevity, both between plans and within plans.