Description: The purpose of this study is to provide quantitative information illustrating the impact of reflecting mortality improvement using a “Generational Approach” in the actuarial valuations of defined benefit pension plans versus reflecting mortality improvement by more traditional methods.

Description: Read the October 2020 issue of Retirement Section News published by the Retirement Section. Newsletter provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This report proposes a methodology to isolate crop yield improvement due to technological change and favorable and unfavorable weather.

Description: This presentation from Session 34 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses the changing risks faced by sponsors of defined benefit pension plans and how actuaries can help these plan sponsors adopt investment and funding strategies that will help manage these risks. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: In order for an organization to benefit from artificial intelligence/machine learning (AI/ML) models, it requires the involvement of different business areas. During this webcast, professionals from data analytics, audit and risk areas will address challenges and provide solutions for working together to develop, implement, use and risk manage AI/ML tools. Throughout the discussion, the presenters will discuss: • Defining and exploring the challenges and objectives between data scientists, domain experts and control functions • Risk management – model risks and other risks • End-to-end model validation • Model performance vs. interpretability/understandability trade-offs • What to audit – auditor’s challenge and solutions

Description: Impact of Technology on Health Care Delivery Systems - Chart 2

Description: Discussion of Symposium Session 3B. Papers presented: Living to 100 - A Women's Issue Evaluation of Approaches to Reducing Women's Longevity Risk Estimates of Incidence, Prevalence, Duration, Intensity, and Cost of Chronic Disability among the US Elderly

Description: Impact of Technology on Health Care Delivery Systems - Chart 3

Description: Study of the impact of IRS proposed mortality tables on private sector pension plan costs, including liabilities, contributions and PBGC premiums.

Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research announce the release of a new report on term conversions. Lindsay Meisinger, Donna Megregian, and Derek Kueker conducted a survey of US life insurers on the assumptions and product features used for pricing and administering term conversions. For purposes of this study a term conversion is when an individual term insurance policyholder exercises the option to convert to a permanent plan without underwriting. This report summarizes the results of the survey.