Description: In this paper,we present a method which first converges a two dimensional data to a univariate one and then uses the interval censoring technique to estimate the probability of failure of a Joint-life status from a heavily censored data. Our study shows that the life annuities of joint-life status calculated assuming independence overestimates the ones evaluated from an actual sample of population.

Description: Paper provides an overview of the impacts of population aging on the design and marketing of group life and health and group pension products over the next 40 years. While the paper is written with a group focus, the implications of the material for individual product design and marketing are immediately obvious and equally important. From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: Full version of International Section News, February 2000, Issue No. 21.

Description: Study material by Anderson and Brown related to risk and insurance.

Description: Experts' discussion of mortality laws and models. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This session from the 1995 SOA Vancouver Meeting addresses the critical issues of the financing for the Social Security systems in the U.S. and Canada. From the Record of the Society of Actuaries, Volume 21, No. 3b.

Description: Panelists discuss recent actions and proposals in regard to U. S. Social Security and the Canadian Pension Plan CPP, including, -considerations in 'privatizing' social security programs, -the introduction of the new Canadian 'Seniors' Benefits', -a framework for analyzing Social Security options, and -the impact of changes in Social Security on early and normal retirement ages. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: This paper analyzes the two tax advantages of qualified retirement savings plans: the tax deductibility of contributions and the nontaxation of investment income until it has been distributed. The author concludes that there is both a deferral of taxation and a waiver of taxation. From Pension Section News, June 2000, Issue No. 42.

Description: Risk-shared plan designs have been gaining significant popularity with employers and members in response to the shortcomings of traditional defined benefit and defined contribution pension plans. The presenters will explore risk-shared plan design innovations recently implemented in Canada to better balance the competing needs of members and employers, including the growing trend toward pension plan consolidation.

Description: In this paper the authors discuss the official decennial Unites States Life Tables for 1979-81, presenting age-specific mortality rates and expectations of life. Mortality trends are examined going back to the first decennial tables published at the beginning of the century, and brief comparisons with mortality in other industrialized countries are made. The paper includes written discussion. From the 1985 Transactions Vol. 37.