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: This paper explores how change in societal forces can affect the systems for providing security including private pensions, social security, life insurance and health insurance. The societal forces examined are changes in family, role of women, inflation and the age composition of population. From Transactions of Society of Actuaries 1978, Vol. 30.

Description: Abstract: Despite a considerable accumulation of empirical and theoretical evidence in the last two decades in favor of a slowdown in the rate of mortality increase with age, the veracity of mortality deceleration observed at very old ages among humans was recently called into question on the basis of: (1) inaccurate data, (2) invalid assumptions, and/or (3) inadequate mixture of birth cohorts with different mortality experiences. In this article, we use a highly reliable set of individual-level data on French-Canadians centenarians born between 1870 and 1896 and who died between 1970 and 2009 to compute new estimates of the age-trajectory of mortality at ages 100 and over. Our results suggest that the rate of mortality increase with age tends to slow down at very old ages, even when special care is taken to avoid issues (1) to (3) outlined above.

Description: View the research report on Demographics and Productivity: Drivers of Economic Growth

Description: This discussion reviews the effect expected from legislation in the U.S. to finance the cost of medical care of the aged. From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.