Description: From the Record 1977 Vol. 3, No. 1, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in Atlanta March 31-April 1. In this session, the presenters discuss investment objectives, strategies and plans. The actuary’s role in investment planning is addressed, including how asset management relates to pricing and reserves, asset liability matching, liquidity, and management of risk exposure.

Description: This is a discussion about pension plan design and mechanics including: 1. Adjustment of pension benefits for inflation, 2. Major revisions or plan terminations, 3. Development of group pension contracts, and 4. Design problems of negotiated plans. From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No. 55.

Description: The following topics were discussed at concurrent sessions: 1. Independence of the actuary, 2. Problems posed by United States pension legislation, 3. Registered equity products, including variable life insurance, variable annuities, and mutual funds, 4. Limits to growth, and 5. Maintenance of high standards in a profession. From Transactions of Society of Actuaries 1974 Vol. 26, Pt. 2D, No. 76.

Description: This is a discussion about employee benefit plans: -Group Life - What has been the effect of the new law taxing employer contributions in excess of $50K? What special underwriting problems have occurred, what underwriting techniques used, what has the mortality experience been? -Group Health - What are special considerations where premium rates are guaranteed for greater than one year? Are any additional reserves established? What are the current developments in Group dental? Have any experience studies been made? What is the potential market for group dental? -Group Annuities - What volume of business has been written on separate accounts or segregated funds? What problems have arisen in administering this type of plan? -Miscellaneous- What has been the experience on high limit accidental death and dismemberment benefits? In pension plans has there been an increase in joint and survivorship options? Has there been an increase in disability benefits under retirement plans? To what extent is the new money concept being adopted in fields other than group annuities? What is the current outlook with regard to reducing or eliminating the difference in taxes imposed on insured employee benefit plans vs self-insured plans? From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2

Description: The Social Security amendments of 1977 are considered to be the most significant Social Security legislation since the 1972 amendments and possibly those of 1950. This 1978 presentation is a discussion the 1977 Social Security amendments including: 1. A description of the major amendments, 2. The financial condition of Social Security after the amendments, and 3. Possible future Social Security legislation.

Description: This informal discussion from 1960 discusses the Society of Actuaries Examinations. Specifically, the panelists discuss several syllabus changes, including the elimination of Part 1, the English exam, and giving the preliminary examinations twice yearly, a change from annual, and the extent to which this will help recruit more candidates. They also discussed the proposed “two-pronged” system of Fellowship exams and the extent to which this might attract more qualified candidates, and speed up the overall process of completing the exams.

Description: This is a discussion of the paper Fundamentals of Pension Funding by Charles L. Trowbridge. From Transactions of Society of Actuaries 1952, Vol. 4, No. 10.

Description: This is a discussion of the paper, 'Group Annuity Mortality' by Ray M. Peterson, which presents the Group Annuity Table for 1951 with projection factors. The paper is reviewed, an additional projection method is suggested with illustrations, discussion of the difficulties of using projected rates for premiums and reserves, and critiques are provided.

Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Digest of Informal Discussion’ addresses the current status of reflecting investment timing in the crediting of interest to participating policyholders, primarily in the group pension market where the term “new money” method has come into use.

Description: This paper presents the fundamentals of creating and using projections. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.