Description: The paper is an individual risk theoretical examination of annuities for the aged. Through retirement systems, social security and insurance plans, annuities for the aged are a very significant matter and are worthy of inquiry. From the Actuarial Research Clearing House 1992 Vol. 2.

Description: This is the discussion of the paper by J. Alan Lauer that develops the apportionate basis for the immediate payment of claims as an alternative to continuous functions. A new function, the apportionable annuity due, is defined and derived and formulas for net premiums and terminal reserves on the apportionable basis are developed. Then an investigation is made of the relationship of net premiums and terminal reserves on the apportionable basis to the corresponding functions on the continuous functions basis.

Description: This is a discussion of the paper, Actuarial Note: The Valuation of Self-Insured Retirement Plans by Joseph C. Noback. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.

Description: This is a discussion of the paper, Actuarial Note: Valuation of Reversionary Interests Involving Two or More Lives for Federal Tax Purposes by Charles G. Groeschell and William M. Snell. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This paper focuses on the equity unit annuity popularly termed the variable annuity. Followed by several discussion papers submitted

Description: This is a discussion of the title paper by Robert M. Duncan which outlines the use of a contributory money purchase plan with death benefits, and investments in equities, to fund pensions. The approach is critiqued.

Description: In an increasing population the number of persons falls off from age to age more rapidly than does the stationary population of the life table. This can introduce a systematic bias into life table calculations. The first part of the paper describes an iterative procedure to correct for the bias, extends the method to multiple decrement and associated single decrement life tables, and demonstrates the magnitude of the bias involved. The second part of the paper summarizes the results of applying iterative life table techniques to 165 populations which encompass over a century's experience and include countries from all parts of the world. Followed by discussions submitted by several people

Description: This paper introduces continuing care retirement communities and outlines the major recent developments in financing procedures and regulatory requirements aimed at keeping these entities solvent. In particular, it describes the Actuarially Based Financial Management System created by the AAA and the accounting Statement of Position 90-8 promulgated by the AICPA. From Transactions of Society of Actuaries 1995 Vol. 47

Description: This is a discussion of the paper, Actuarial Note: Reserves by Different Mortality Tables by Harry Gershenson. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This is a discussion about computer modeling as a management tool. From Transactions of Society of Actuaries 1969, Vol 21 Pt. 2, No. 59