Description: The Actuary Vol. 22, No. 1. This article explores the differences and the commonalities of UK vs US actuarial practice with an emphasis on pensions.

Description: Outlines a generic business model for a life insurance company and concludes with thoughts on future trends and prospects.

Description: Editor's summary of items in this issue of The Actuary.

Description: This is a table from an article in The Actuary Magazine entitled A Strategic Analysis of the U.S. Life Insurance Industry Part II: Products.

Description: This is an article that was written by the chairman of the committee that developed 1983 Table a, which NAIC has adopted for individual annuity valuation. This article compares the mortality rates in the 1983 Table a with those of two prior annuity tables.

Description: The article notes that the Society of Actuaries has been invited as one of four new members on the Joint Ad Hoc Committee on Government Statistics JAHCOGS, and tells Society members “if you use government statistics - if you would like data to be available to you before they are outdated - if you have doubts about the quality or accuracy of data and/or analyses - if you are concerned about costs to industry and taxpayers of information gathering - if you have ideas on how to improve any phase of government statistics - here is your chance to speak out.”

Description: This article discusses the relative merits of investing some Social Security assets in common stocks either by 1. Adjusting the retirement benefits and taxes, and investing part of the Social Security trust funds in the stock market [the 'defined benefit,' or DB, method], or 2. Reduce the basic retirement benefits further, and have workers invest part of their future contributions in individual accounts [the 'defined contributions,' or DC, method].

Description: The U.S. Internal Revenue Code prohibits qualified pension and profit sharing plans from discriminating in favor of highly compensated employees. It states that a plan is not discriminatory merely because contributions or benefits are a uniform percentage of pay. In addition, the code allows some disparity between highly compensated employees and other employees with respect to their contributions or benefits as a percentage of pay.

Description: This is a list Of U.S. And Canadian Schools Offering Actuarial Science Courses in 1974. From The Actuary Vol. 8, No. 5.

Description: The last of three articles on the 1983 Table a. The first two articles described the steps in contructing the 1973 Experience Table and the 1983 Table a. This article compares the reserves from the 1983 Table a to the 1971 IAM Table at various ages and by gender.