Description: The American Academy of Actuaries task force charged with developing a risk-base capital formula for health insurers submitted its preliminary report to the NAIC Health Organizations Risk-Based Capital Working Group.

Description: On October 16, 1974, the Congress overrode the Presidential veto of H.R. 15301 The Railroad Retirement Act of 1974, a bill to restructure the railroad retirement system which was based on proposals made jointly by railroad management and labor. H.R. 15301 now P.L. 93-445 embodies some far reaching changes which are mainly directed toward relieving the difficult financial situation of the railroad retirement system.

Description: This article summarizes the speech by Lloyd A. Woolridge on pension vs. profit sharing, insured vs. uninsured and individual vs. group in regards to retirement income plans.

Description: The staff report on the the Disability Insurance Program. An interesting and informative report reviews the history of the program and presents 10 findings and recommendations.

Description: This article presents the findings by a University of Goettingen scientist who indicates that persons with type-O blood are 60% more likely to live to age 75 than are those with type A. This article discusses the impact of this finding on underwriting.

Description: A summary of a preliminary report from the Committee on Valuation and Related Problems, on guidelines for quantifying balance sheet items in an insurance enterprise.

Description: discussion of mathematical calculations for various forms of annuities certain

Description: A book review. This book provides an analysis of what is meant by adequate retirement income through an examination of the social security systems of four countries Sweden, Germany, Belgium and Canada to a program of reform for the United States pension system.

Description: This article discusses the benefits of the recent advances in technology. The author cautions that while these advances create demands that call for yet more advances, we need to think longer term to avoid future side effects like Y2K.

Description: This article discusses whether there should be a delayed retirement credit and, if so, how much the credit should be. The article distinguishes the applicability of the delayed retirement credit between social insurance and private pensions.