Description: The purpose of this paper is to sketch the mathematical functions which are needed in valuing the benefits of a self-insured plan, and to study certain problems that arise in connection with the valuation of these plans. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.

Description: This paper provides a summary of the Retirement Annuities Act of the Government of Alberta which came into force on July I, 1951. Two main purposes are served by the Act. The means are provided by which any Canadian citizen who has been resident in the Province of Alberta for the past three years may purchase a retirement income on very attractive terms. Further, the funds received under the Act will be loaned to municipalities for local improvements, at lower rates of interest than could be obtained on their own security. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This paper describes some of the more important actuarial characteristics of the insured variable annuity of the type currently offered by a number of life insurance companies in the United States. From Transactions of Society of Actuaries 1969, Vol. 21, Pt. 1, No. 61.

Description: The purpose of this paper is to illustrate the use of a new approximation to determine contingency reserves against adverse mortality experience for a portfolio of life annuity contracts.

Description: Study of the Effect of a Flu Pandemic on Insured Mortality Using the Delphi Method

Description: A review of the e-book, "Universal Coverage of Long-Term Care in the United States: Can We Get There from Here?"

Description: The SOA Research Institute is pleased to make available material for Primer on Retirement Income Strategy Design and Evaluation, a primer that addresses strategies to generate income during retirement from the perspectives of their design and evaluation. Design involves specifying a joint investment and withdrawal strategy, which entails deciding how to invest available assets and setting a plan for withdrawing income. Evaluation involves analyzing how well the potential outcomes arising from a strategy satisfy objectives, which provides the foundation for strategy selection. The main focus of this Primer is investment strategy rather than withdrawal strategy. However, investment strategy cannot be examined independently from withdrawal strategy. Income generation is the focal point of a retirement income strategy, and this in turn depends on the rules under which income is drawn. In addition to the primer, the authors have created two Excel models for illustrative purposes.

Description: The Mortality and Longevity Strategic Research Program Steering Committee (MLPSC) released this report, which examined the latest trends in obesity and developed an estimate of the impact of obesity on mortality and morbidity costs in the U.S. and Canada.

Description: This actuarial memorandum represents the first, formal actuarial opinion regarding the reasonableness of the premium estimates the Clinton Administration presented with its proposed Health Security Act. The memorandum presents the assumptions and methods used to develop an average 1994 premium estimate for the standard benefit package.

Description: Mortgage insurance is used to guarantee the mortgage investor [mortgagee] against financial loss due to the inability of the home buyer [mortgagor] to repay the loan in accordance with the terms of the mortgage. This paper describes a procedure used to construct predicted survivorship tables for single-family home mortgage insurance contracts written under four sections of the National Housing Act.