Description: This is the second article in a four–part series. In this article, the industry's products are examined.

Description: This article summarizes the results of the first part of a U.S. Appointed Actuaries survey asking about the usefulness of the various documents that have been created to guide valuation actuaries.

Description: This brief article notes that in a recent decision the U.S. Supreme Court touched on a fundamental issue of employee benefits philosophy, in holding that defined benefit pension plans must grant benefit accrual credit for periods of military service. The author argues that this seems contrary to current attitudes.

Description: This article discusses the U.S. military retirement system, an unfunded non-contributory defined-benefit plan, and the legislative proposal that would convert the system to an entry-age-normal funding method.

Description: The Actuary Vol. 22, No. 1. This article discusses the impact of a change in procedure in the financing of the US Military Retirement System. The change requires amortizing the past service liability. The impact will depend upon whether the amortization is achieved by increasing current taxes and decreasing the current deficit, or by merely increasing the national debt and leaving the current deficit unchanged. The author asserts that the new financing method will not weaken the financial condition of the military retirement system, and that it has the potential to strengthen its financial condition if the funding of the past service liability is handled appropriately.

Description: Table 2 for article in The Actuary Magazine–April/May 2005 title A Strategic Analysis of the US Life Insurance Industry Part 1 Customers

Description: A table of the mortality experience of FSAs, class of 1975.

Description: This article discusses what the U.S. Census Bureau has to offer. The information includes surveys on population, housing, income, expenditures, crime and health. In addition, it includes censuses and surveys of most U.S. businesses.

Description: This article summarizes the changes in the rules for discipline of U.S. actuaries, which were recently updated, detailed, and clarified through the revision of Article X of the American Academy of Actuaries’ bylaws.

Description: This is a graph from an article in The Actuary Magazine entitlled A Strategic Analysis of the U.S. Life Insurance Industry Part II: Products.