Description: The Statement of Financial Accounting Standards No. 87. Employers’ Accounting for Pensions, became effective in 1987. This is an accounting/actuarial standard with significant income statement and balance sheet implications. This article discuses the results of a survey of selected affected companies regarding the impact of this standard.

Description: If the United States is to have a successful Social Security and Medicare system long term, one that blends needs with financial capacity, it is necessary to protect the actuarial process from being overwhelmed by the political process. While some assistance is provided already under existing law, additional protection would enhance public confidence in the estimates made by government actuaries.

Description: This paper discusses decoupling of social security - meaning that the coupling of actual benefits for those already beneficiaries and potential benefits for future beneficiaries be broken. The purposes are to describe the environment, the problem which decoupling addresses and the importance of a rational solution. The paper discusses the wage-indexing approach and the price-indexing approach. From Transactions of Society of Actuaries 1977, Vol. 29.

Description: This session from the 1995 SOA New York City Meeting examines ethics from the standpoint of the actuary. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: This is a discussion of 'The Generalized Family of Aggregate Actuarial Cost Methods for Pension Funding' by John R. Taylor. From Transactions of Society of Actuaries 1967, Vol. 19, Pt. 1, No. 54.

Description: The authors of this paper chose to consider a coterminous endowment insurance where the cash value is equal to the net level reserve. They wish to determine the relationship between the rate of increase in the cash value and the rate of increase in the amount of paid-up insurance purchased by the cash value. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.

Description: Book Review Pension Fund Excellence—Creating Value for Stakeholders by K.P. Ambachtsteere & D.D. Ezra Reviewed by Barnet N. Berin from Pension Section News, November 1998, Issue No. 38.

Description: This article discusses female and male mortality rates, the lower mortality rate of females and the ramifications of the increasing female population in terms of equitable treatment and their roles in the workforce.

Description: Panelists will discuss and stimulate audience discussion on the potential roles and opportunities for actuaries during and after health care reform. Included is a perspective from Cananda's experience. From Record of Society of Actuaries Vol. 20, No. 3B.

Description: In the United States, things were never the same after a universal credit card, good for everything private and public, was adopted. It was agreed to use the Social Security number. Once put into effect, there were strange developments. This is satire.