Description: This working paper discusses the risks of investing in stocks in public pension funds.

Description: This dissertation by Tia Sawhney will help you understand this issue and start measuring it, or start promoting equitable public policy.

Description: This report examines weather conditions for high temperature, drought conditions, and late in the year tornadoes that are extreme in an historical context.

Description: This white paper discusses the select research conducted by behavioral economists and other researchers on the increased individual involvement in planning for retirement within the context of a workplace retirement plan.

Description: This document presents the detailed results of a literature search performed during December 2009 - February 2010 to find resources for the report Complexity Science – An Introduction and Invitation for Actuaries.

Description: This is a research project discussing on the needs and opportunities of the older age market to be used in the development and distribution of products that will protect future retirees from financial risk.

Description: Research report sponsored by SOA to model and compare projected costs of different proposals for a Medicare prescription drug coverage plan. 3 types of costs are studied: net benefit cost estimates per member per month, continuance table data, and projected annual costs to the government over 10 years for two selected plan designs.

Description: The author describes a theory of long-term interest-rate trends, originally propounded in 1899 by actuary Charlton T. Lewis, and how well the theory stands up in light of 20th century experience.

Description: This paper discusses contracts sold by states which promised to provide tuition in the future for a fixed price. Because these contracts provide a benefit whose dollar value is uncertain at the time of sale, these contracts contain significant risks to the states and create a challenge to the actuaries who opine on the adequacy of the trust funds to provide the benefits promised by these contracts. This article discusses some of the implications of the method used by the major states to project tuition inflation and explores other possible methods. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This paper will consider aspects of inflation as it affects the operations of the life insurance industry and the policyholder, and will review some of the approaches used, primarily by European companies, to meet the situation. Discussions of this paper are included.