Description: This session focuses on the financial issues related to income products. A panel of experts discusses pricing, investment, and risk management in underwriting payout annuities. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 80PD of the New Orleans Annual Meeting.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss the shift in interest in the market place from accumulation to income, i.e. payout annuities. Marketing opportunities and product designs are discussed.

Description: Report presenting the 1976-86 mortality experience for contracts issued in the U.S. through 1985 under individual immediate annuities, life income settlements, and matured deferred annuities.

Description: This discussion examines the following questions: Do current immediate annuity rates reflect present conditions as to mortality, interest, and expense? To what extent do statutory reserves that exceed gross premiums less expenses represent a serious problem? What is being done in the way of using generation type annuity rates for settlement options?

Description: This paper describes the derivation of the ELAS Life Income Mortality Table, which has been adopted by the Equitable Life Assurance Society as the mortality basis for the life income option of the modes of settlement in its current series of policy forms and for the calculation of premiums under currently issued individual deferred annuity contracts.

Description: I propose a Social Security deferral product and two annuity enhancements. Then I address the challenges in getting such products distributed.

Description: The Individual Annuity Experience Committee of the Society of Actuaries has completed an experience study of individual annuities covering the calendar years 2000 - 2004. The intest of this study was to provide recent annuitant mortality experience which can be compared to the Annuity 2000 Mortality Table, and provide a basis for a possible revision to that table. These are 2 Pivot table data for that experience study. One is for all companies combined and the other is for 10 common companies. Please see the SOA website experience studies for the complete report.

Description: In session 138 PD of the Washington Annual Meeting panelists discuss the possibility of a single premium immediate annuity that offers liquidity options. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: Increasing life spans and fluctuations in the equity markets have raised awareness of the potential of outliving one's income. This presentation from Session 30 of the SOA June 2004 San Antonio Spring Meeting discusses single premium immediate annuities as one solution to this growing issue. From the Record of the Society of Actuaries, Volume 30, No. 2.

Description: Three papers use sophisticated actuarial methods to develop a straightforward retirement income strategy that can be implemented in virtually any IRA or 401(k).