Description: A presentation of various views on establishing principles and practices for pension plan construction and valuation, in light of the passage of the Pension Reform Act. Presented at the Spring 1975 Meeting in Los Angeles.

Description: Two valuation proposals have occupied the regulatory agenda this year—the ACLI Interim Proposal and SVL II or the Principles Based Approach PBA to reserving. This article summarizes the ACLI Interim Proposal to the current Standard Valuation Law which allows a new preferred mortality table to be used and changes Actuarial Guideline 38 to allow lapse.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 is about a pension section meeting. The moderator opened the meeting by laying down some general principles. Using market value instead of book, accounting for unrealized gains, taking cognizance of different cash flows, objectives, constraints on the manager, and other characteristics of the funds to be compared-all met with general acceptance, in this audience at least.

Description: This author makes a few suggestions for how the ASB can improve the way it defines and sets standards of practice in light of the challenges actuaries face today. The author believes that ASOP's hould be promulgated by the ASB ony after a thorough process that goes beyond codifying existing practices.

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.

Description: Based on April webinar, develops nine guidelines for setting assumptions.

Description: How is Your Management Quotient? by Stephen N. Patzman from The Financial Reporter, May 1999, Issue No. 39.

Description: Preparing an effective actuarial memorandum in support of the health actuarial opinion.

Description: This e-book contains topical essays that express the opinions and thoughts of a number of authors on the subject. It should be understood that the thoughts and insights shared herein are the opinion of the authors and not necessarily those of the Society of Actuaries, the Casualty Actuarial Society, the Canadian Institute of Actuaries, or corresponding employers of the essayists.