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: 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.

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: The Society’s Committee to Recommend a New Mortality Basis for Individual Annuity Valuation was formed in 1980 at NAIC request because the margins in the 1971 IAM Table had eroded. This article describes the development of the 1983 Table a and shows how well the 1973 Experience Table fits the underlying data.

Description: This article discusses the valuation and funding of the military retirement system under Public Law 98-94, signed September 24, 1983.

Description: Reflecting Congressional desire for unified reports on all Federal retirement systems, Public Law 95-595, signed by the President in October 1978, requires annual reports from these systems similar to the ERISA reports from private sector plans. The author, as Chief Actuary of the DoD, discusses the first report produced.

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

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 about Ulpian's Table, a table of life expectancies dating from about 220 A.D.