Description: This is the introductory parts of a textbook with this title: Table of Contents, Preface, Acknowledgments, and bios of editor and authors. This text is for the use of students preparing for the Fundamentals of Actuarial Practice Course requirement for achieving the ASA designation.

Description: This is the introductory parts of a textbook with this title: Table of Contents, Preface, Acknowledgments, and bios of editor and authors. This text is for the use of students preparing for the Fundamentals of Actuarial Practice Course requirement for achieving the ASA designation.

Description: Enhanced or impaired annuities are life annuities underwritten to reflect annuitants' actual mortality. They are not currently prevalent in the U.S. or Canada, where life annuities assume low mortality and are thus unfair for impaired lives. This paper looks at the present annuity marketplace in the United States and Canada. It also reviews the underwriting and marketing of life annuities in the United Kingdom where “enhanced” life annuities are available for a broader cross section of the marketplace. It also reviews the use of P&C risk classification techniques and how they might apply to the annuity marketplace as well as potential legal constraints on broader risk classification for life annuities.

Description: This article highlighs the activities of the SOA Retirement Systems Practice Area including research projects, demographic retirement models, Social Security, and professional development.

Description: This article is about how the new Flexible Education System - FES -will better meet the basic education needs of pension actuaries, particularly consultants.

Description: The panel presents the technical details of calculating the deficit reduction contribution as changed by the Retirement Protection Act RPA of 1994. Additionally addressed is the new solvency maintenance requirement and changes to the full-funding limitation. From the Record of the Society of Actuaries, Vol. 21, No. 3b.

Description: Experts' discussion of symposium papers. From Retirement Needs Framework, M-RS00-1.

Description: This paper discusses the reasons for the trend toward phased retirement and looks at the legal and actuarial aspects of phased retirement as they apply to a simple defined-benefit plan. It is important for US pension law to be modified to facilitate phased retirement and include safeguards to protect workers as they make these lifetime decisions. From the Retirement Implications of Demographic and Family Change Symposium, June 2002.

Description: This paper discusses the reasons for the trend toward phased retirement and looks at the legal and actuarial aspects of phased retirement as they apply to a simple defined-benefit plan.

Description: Discusses the new Flexible Education System [FES] and how it will apply to pension actuaries. Also discusses how a company with pension actuarial students can structure its training programs in light of the syllabus changes due to the FES. From the 1988 Record of Society of Actuaries, Vol. 14, No. 1.