Description: 2023 Generally Recognized Expense Table (GRET) recommendations.

Description: This article is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1956 Volume 8, Number 20. The article identifies the participants and summarizes each person’s comments. The participants discuss a variety of topics, such as the use of sampling techniques and quality control in actuarial work, and administrative measures taken to reduce expenses on small Ordinary policies. The discussion also looked at what the Society of Actuaries and local actuarial clubs should do, at the secondary school or college level, to increase the number of college graduates entering the actuarial field.

Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation for the 2017 Generally Recognized Expense Table (GRET)