Description: This article discusses the valuation and funding of the military retirement system under Public Law 98-94, signed September 24, 1983.

Description: Reflecting Congressional desire for unified reports on all Federal retirement systems, Public Law 95-595, signed by the President in October 1978, requires annual reports from these systems similar to the ERISA reports from private sector plans. The author, as Chief Actuary of the DoD, discusses the first report produced.

Description: This article discusses the actuarial staff of the U.S. General Accounting Office GAO, providing a bit of history, the structure of the GAO, and explaining that GAO actuaries act as consultants to all the operating divisions of the GAO on matters involving pensions, insurance, and related issues. The author also revisits an earlier proposal for a Government Actuary, a higher level position responsible for all actuarial work of the Executive branch, as well as the GAO, and asks whether the actuarial profession should again support such a proposal.

Description: The Society’s Committee to Recommend a New Mortality Basis for Individual Annuity Valuation was formed in 1980 at NAIC request because the margins in the 1971 IAM Table had eroded. This article describes the development of the 1983 Table a and shows how well the 1973 Experience Table fits the underlying data.

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 about Ulpian's Table, a table of life expectancies dating from about 220 A.D.

Description: This is an editorial warning about the escalating costs of Medicare as outlined in the 1983 Annual Report of The Board of Trustees of The Federal Hospital Insurance Trust Fund. The editorial ends with a question asking what the actuarial profession, and its members individually, ought to be doing that they aren’t already doing?

Description: table with article The Actuary Magazine–April/May 2005 A Strategic Analysis of the US Life Insurance Industry Part 1 Customers

Description: This article solicits comments on a proposal for a periodic survey to obtain needed data on retirement, health, and economics among retirement-age persons sponsored by the National Institute on Aging.

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: In this increasingly global economy, actuaries frequently find themselves in situations involving cross-border practice. This is particularly true for U.S. and Canadian actuaries. This article is about recent agreements and discussions among the U.S. actuarial organizations and the Canadian Institute of Actuaries [CIA] that clarify how the various actuarial standards apply to cross-border activities.