Description: This article is a summary of Darrell Laird's paper in T.A.S.A. 50, The Revenue of the Period of Account and Its Relation To Premiums, Valuation and Dividents. Mr. Laird saw 3 problems, 1 finding a comprehensive way to measure a life company's real performance, 2 displaying sale and administrative expenses revealingly to management and 3 distributing surplus equitably among holders of individual policies.

Description: Social Security Disability Insurance DI experience in 1980 is continuing most recent trends, but changing somewhat in a few others.

Description: The minority recruiting program reached its 1981 goal. Our thanks to five companies and fifteen individual actuaries who saw the appeal in our December 1981 issue and responded with cheeks totaling $3,935.

Description: Soliciting membership input on how to make the SOA a more vital, stimulating organization.

Description: Non-routine business transacted at meetings of the SOA Executive Committee on March 34 and May 28, and the Board of Governors on April 13.

Description: This article describes the process used when it has been determined that a new or revised study note is needed for the examination process.

Description: This article that demonstrates least squares conveniently. When in the course of preparing statements it becomes necessary to estimate a minor item from prior years' data, here is a quick method easily taught to non-statisticians.

Description: This is an article that discusses the retreat of savings banks from mutuality. As we ponder the future of mutual life insurance, we should be aware of the change sweeping through the mutual savings bank industry.

Description: Article from The Actuary, December 1983, volume no. 17, issue, no. 10, is a financial summary of the Society of Actuaries during 1982- 1983.

Description: This article explores compound and simple interest and the accumulation function for the case when time t is a noninteger value.