Description: Documents the error in the Smoker/Nonsmoker CSO Tables accepted by the NAIC, and the expected approval of the NAIC to accept use of both the erroneous and the correct mortality rates for all regulatory purposes.

Description: Reports on recent month-end fund balances in the Old-Age, Survivors, and Disability Insurance funds. They had been facing a great financial crisis recently and now are in much better financial condition.

Description: Editor's version of how The Actuary got its start. Pays homage to E. Jack Moorhead and the original production staff.

Description: In this editorial, the author asserts that spring and summer are the times insurance companies should participate in the management process that reaffirms or revises their strategic plan. It is a time to reset one’s long-term aim.

Description: This article is an interview with Linda Emory in which she reflects on a few aspects of her new position as editor of The Actuary.

Description: This article provides a flavor for the wealth of statistical information provided by the Bureau Of Economic Analysis. It describes the BEA program, tells how to obtain BEA outputs, and looks at some issues BEA faces.

Description: President Gary Corbett cites the major issues he sees facing the SOA: education and examinations, research, actuarial principles, strengthening the profession, the future of the actuary/the actuary of the future, and employee benefits.

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: Full version of The Actuary Newsletter Volume 22, Number 1 - January 1988

Description: The Actuary Vol. 22, No. 6. The author provides commentary regarding an interview with Paul Barnhart reported on in The Actuary March 1988 concerning the controversy over health insurance reserves. Specifically the elements of the “Benefit Ratio Reserve” method were analyzed.