Description: This session discusses two recent SOA research initiatives called FARM I and FARM II. From Record of Society of Actuaries, Vol. 30, No. 3.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 Topics in this discussion include: 1 An overview of the municipal reinvestment market—size, current players, and historical development, 2 A comparison of muni-guaranteed investment contracts to stable value guaranteed investment contacts 3 Types of funds and contracts issued in this market, including contract provisions and risks 4 Roles that life insurers currently play in this market and 5 Use of structured companies or parent-supported subsidiaries.

Description: Mortality rates affect many facets of an actuary’s work. The ability to collect more detailed data and the possibilities presented by more advanced analytical tools influenced the Society of Actuaries to embark on this two-phased project examining the factors affecting retirement mortality. Phase I of the project includes a comprehensive literature search and summary identifying 12 factors linked to mortality experience at or after age 65- age, alcohol, education, gender, health behaviors, income, marital status, obesity, occupation, race & ethnicity, religion and smoking. In Phase II of the project, existing Society of Actuaries experience studies are reviewed to see which factors could be added to the studies. This phase also considers methods for reflecting the additional factors in the mortality tables. This web page contains links to the Phase I and Phase II reports and supporting documentation.

Description: Full version of Risks and Rewards Newsletter, February 2002, Issue No. 38.

Description: This article discusses the affects of the Pension Protection Act of 2006 PPA primarily in relation to defined benefits pension DB plans.

Description: Highlights a new research paper on determining discount rates for pension plans, by John Turner. The paper breaks new ground on deciding on the appropriate discount rate for untradeable benefit obligations, with a comprehensive summary of the field.

Description: This paper is a practical guide to the terminal funding annuity product. Actuarial considerations, investment strategies, administration, and marketing aspects are discussed.

Description: This is a research project on possible replacement indices for the 30 year treasury rates used to value current liability for defined benefit pension plans in the US.

Description: Panelists discuss recent developments in: Guaranteed Investment Contract [GIC] products, annuities for terminations of pension plans [terminal funding], settlement of obligations under Statement of Financial Accounting Standards No. 88 [FAS 88], and separate accounts and portfolio insurance. From the 1988 Record of Society of Actuaries, Vol. 14, No. 1.