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The Unfunded Present Value Family of Pension Funding Methods
after called the benefit ratio and the fund ratio, s respectively. Then the funding family proposed is ... beginning at their ultimate levels B= ~l . r r--I s v = 22 l , . , - , I 221,. t~ r The initial ...- Authors: William A Dreher, James C Hickman, Malcolm D MacKinnon, Cecil J Nesbitt, Donald R Sondergeld, Robert C Tookey, Charles L. Trowbridge, Dorrance C. Bronson, Harwood Rosser
- Date: Mar 1963
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Defined benefit plans; Pensions & Retirement>Funding
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n-Year Roll-Forward Reserve Financing of Social Security
n-Year ... (D0 7 .(g~0,000 6 .(X]0 .~0 ,~ 5.000.000 ~s o 4,c o,oo0 3,000,000 2 .(300.000 Year ... 2, 3 and 4, resulting in 3x3x4=36 tables. Each table has columns of: k to denote calendar year Ot~outgo ...- Authors: Cecil J Nesbitt, Brett T Houghton, ANDREW EVAN COHEN, DAVID MITCHEL GALLERS, PAUL SAMUEL WEISS, Angela Myler
- Date: Jan 1994
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Pensions & Retirement>Funding; Social Insurance>Social Security
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Insurance for Face Amount or Paid-Up Insurance Amount if Greater
paid-up insurance will become ~+~W. Whenever t+~S = ~+lW, the entire cash value premium is used to purchase ... in ,w = ,cv (A so that we also have | cp. ~u,= - - bkz - -E (A~:~) -1 (6) ~W = A+~:~-~ After ...- Authors: Cecil J Nesbitt, Majorie L Van Eenam
- Date: Apr 1952
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Whole life
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Term versus Whole Life - Actuarial Note
adjustments remov- ing these restrictions. Since ~[u = Du - ~Nu and (d/dy)Ny = -Du, (3) now becomes ... available) and using this value to buy a life annuity of ,~¢/a. With this income and his interest FtS ...- Authors: John C Maynard, Cecil J Nesbitt, Donald C Baillie
- Date: Oct 1955
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance
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Testing Financial Stability of Continuing Care Retirement Communities
Testing Financial Stability of Continuing Care Retirement Communities This paper introduces ... reserves;Morbidity rates=Morbidity tables;Mortality rates=Mortality tables=Death rates ; 2742 1/1/1994 12:00:00 ...- Authors: Gary Brace, John M Bragg, Robert J Callahan, John H Cook, Niels H Fischer, Thomas K Hartman, David L Hewitt, Ernest J Moorhead, Cecil J Nesbitt, Mark D Peavy, Daniel W Pettengill, J Darrison Sillesky, H Selwyn Torrance
- Date: Jan 1994
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Long-term Care>Long-term care facilities & home care
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Integer Functions and Life Contingencies
Integer Functions and Life Contingencies In this paper, the author studies the ‘applications ... deaths assumptions.’ Includes discussion and author’s review of discussion. From Transactions of Society ...- Authors: Cecil J Nesbitt, Elias Shiu, A D Wilkie
- Date: Oct 1982
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Professional development
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Discussion - Fundamentals of Pension Funding
then 1 ~r~ 1 (T~-- T~) =~T~ or Tr ~c =~_T- - S . (1) The premium ~r c is independent of the interest ... otherwise distributed according to the service table, and if the general average premium for this case ...- Authors: George E Immerwahr, Robert F Link, Cecil J Nesbitt, Charles L. Trowbridge, Frank L Griffin, Hilary L Seal, Clark T Foster, W Rulon Williamson, William M. Rae, Chalmers L. Weaver
- Date: Nov 1952
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Pensions & Retirement>Funding
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Review of Social Security Financing and Related Matters
*Ok is tabulated by alternative and by year in[2, Table III.B.4, pp. 183,184] for years 1992-2001, and ... is tabulated by alternative and by year in [2, Table III.B.1, pp. 176-178] for years 1992-2001, and ...- Authors: Cecil J Nesbitt, FELICITY RENEE MESSNER, AARON JON ROBERTSON
- Date: Jan 1993
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Actuarial Research Clearing House
- Topics: Social Insurance>Social Security
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Introduction to the Dynamics of Pension Funding
populations subject to fixed rates of fertility and mortality (see, for example, Keyfitz [7]). This theory ... for a participant aged x at time 0 is s(x), a <_ x < r, and that s(x) remains as a base factor for salary ...- Authors: Newton L Bowers, James C Hickman, Cecil J Nesbitt
- Date: Oct 1976
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Transactions of the SOA
- Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Funding
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DIGEST OF DISCUSSION OF SUBJECTS OF SPECIAL INTEREST
his cash value for various purposes. MR. HENRY S. HUNTINGTON 111: Mr. Tookey, do you know whether ... policies and nonparticipating deferred and immediate annuity contracts? B. Determination of the amount of profits ...- Authors: Michael C Altschuler, Thomas P Bowles, Russell M Collins, John H Cook, Anthony J Houghton, Burton Jay, James Lee Lewis, Joseph P McAllister, Cecil J Nesbitt, William F Sutton, Robin B Welch, Eli A Zubay, Owen A. Reed, Harry D. Garber, Charles L. Trowbridge, David G Halmstad, John W Lincoln
- Date: Apr 1969
- Publication Name: Transactions of the SOA