Description: This paper reviews and compares the Canadian and U.S. Social Security systems as to their adequacy, actuarial equity and progressiveness. It concludes that the Canadian system[s] provide larger minimum benefits and, thus, greater adequacy than the U. S. On the other hand, the analysis indicates more emphasis on actuarial equity in the U.S. system [in total] than in Canada. Finally, both systems are shown to be highly progressive in that lower-wage earners get larger benefits per dollar of contribution than do higher wage earners. The paper concludes by noting that while the systems in these two countries have remarkably different actuarial formulae for determining benefits, and remarkably different structures, that the benefits that result from the two systems are surprisingly similar. From Actuarial Research Clearing House 1999, Vol. 1.

Description: View the ARCH Table of Contents 2020.2.

Description: This paper explores and develops some initial ideas of roll-forward reserve funding of Social Security. It reports on the work of actuarial students and teachers for an 8-week study period coordinated with the National Science Foundation program of Research Experience for Undergraduate grants. From Actuarial Research Clearing House 1994, VOL. 1.

Description: This paper's objectives are to reduce the variation of life expectancy due to changes in the closing out method and give more homogeneous old age mortality surface for the Algerian population. The paper will also provide readers with a general methodology to extend mortality to old ages for the Algerian population starting from adult mortality data.

Description: This paper sets forth an approximate solution to problems associated with demonstrating compliance of a limited number of price adjustment activities with regulations such as those contained in Section 300.20(b).

Description: This paper contains personal reflections by Cecil Nesbitt of his 60 years as an actuarial student, teacher, practitioner and researcher to highlight actuarial highlights in North America since 1900. This article is not intended to be a definitive history of actuarial science developments in North America since the beginning of the century. Instead, readers should turn first to 'Actuarial Mathematics' [Proc. Symp. Appl. Math. 35, 1986] and peruse it alongside this article to gain detailed, introductory overviews of the diverse actuarial models that will be mentioned in this paper. The non-exhaustive list of references at the end of this paper is selected to aid such review by pointing the way to other more complete lists in regard to various topics mentioned herein. From Actuarial Research Clearing House 1990, Vol.1.

Description: This paper looks back at how actuarial research began, at the changing patterns in actuarial research, and makes some recommendations. From the Actuarial Research Clearing House 1990 VOL. 1

Description: This paper was motivated in part by a desire to use, in a variety of classroom situations, some of the readily available statistics on mortality and related factors. A second aim was to illustrate certain statistical ideas, such as the relative merits of means and medians. However, the subject of racial differentials in mortality rates is of considerable intrinsic interest, which the analysis presented here only begins to address.

Description: There is growing evidence of a positive correlation between income levels and longevity. In short, high-income earners live longer. That also means that high-income earners get larger retirement-income security benefits from Social Security. This correlation raises a number of questions: if Social Security contributions are a level percentage of earnings, and high-income earners live longer and receive larger Social Security benefits, then is Social Security regressive? If higher-income actually causes enhanced longevity, then would providing more Social Security benefits enhance population life expectancy? This paper analyzes both the OASDI system of the United States and the Canada/Quebec Pension Plans in Canada to see if these systems are 'a good deal' and whether they are regressive or progressive as defined above. From Actuarial Research Clearing House 1998 Vol. 1.

Description: This document contains the editorial policy for ARCH 2020.2.