Description: Panelists re-examine proposals and ideas for pension funding practice and objectives. From the Record of the Society of Actuaries, Vol. 30, No. 3.

Description: Proposals and ideas are discussed with regard to pension accounting standards. From the Record of the Society of Actuaries, Vol. 30, No. 3.

Description: Candidates working toward their Fellowship of the Society of Actuaries [FSA] designation are required to complete an individualized plan of professional development. Panelists discuss these plans and how they are completed. They also discuss how an FSA becomes an advisor. From the 2002 Record of Society of Actuaries, Volume 28, No. 2. Session 45PD of the San Francisco Spring Meeting.

Description: This paper investigates salary functions as they are used in the valuation of pension plans. Pension actuaries may find many of the ideas in this article useful. Moreover, the paper may be interesting to researchers in actuarial science. The main conclusion of this paper is that salary functions, as derived from the parametric models, yield gains and losses that can be quite small and, in some cases, less variable than non-parametric methods. From Actuarial Research Clearing House 1998, Vol. 1.

Description: This paper examines claim transaction data as experienced in the Canadian pet insurance industry. The current practice is to use an exposure unit approach to estimate the pure premium cost. This approach is applied in this paper in order to reveal certain cost patterns in accident, illness and death benefit costs.