Description: This article is a review and analysis of the article “The Statistician as Expert Witness,” by Joseph G. Van Matre and William N. Clark, from the Feb. 1976 issue of “The American Statistician.” The author of this article notes that the article he is reviewing has general application to anyone serving as an expert witness in a court of law, especially in its remarks about the ethical responsibilities of such a person and in its advice on preparing to give testimony. Written from the viewpoint of a statistician, it has equal applicability to an actuary serving as an expert witness. The SOA has reprinted this article with permission from The American Statistical Association.

Description: This paper examines the valuation of assets and poses the following questions: A. What bases, other than cost or market, are in use for valuing pension trust assets and acceptable under the Internal Revenue Code and Rulings? and B. How can a retirement plan having assets valued on a book or cost basis utilize existing unrealized appreciation for purposes of improving benefits or reducing current funding costs without changing to a market value basis? From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.

Description: These are the reports of the following committees: the Committee to Study Pension Plan Problems, the Committee to Study Pension Accounting, the Educations and Examination Committee, the Committee on Professional Conduct, the Committee on Status and Accreditation and a report on 'The Actuary'. From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No 53.