Description: The Society of Actuaries Research Institute’s new report examines how inland flood risk and loss may change across the U.S. in the future because of climate change. The AIR Inland Flood Model for the U.S. and the AIR Hurricane Model for the U.S. were used to evaluate how changes in flooding will impact insurable losses in the future.

Description: Paper by Max Rudolph for the SOA on historical views on systemic risk and its applications.

Description: This article discusses the agenda of the Retirement Needs Framework Conference to be held on Dec. 10-11, 1998 in Orlando, FL. The conference is intended for employee benefit managers and consultants, policy analysts, financial planners, product designers at insurers, mutual funds and banks offering products to help finance retirement, academics, and any professional interested in the issues surrounding retirement costs.

Description: The SOA is honored to announce the three essays that were selected as winners for this year’s Young Actuaries in Asia Essays on Societal Impact.

Description: Longevity risk—the risk of outliving one’s retirement savings—is probably the greatest risk facing current and future retirees in the United States. As life expectancy increases, government programs, private pensions and various financial products will all be needed to provide retirement income over ever-longer periods of retirement. This article focuses on the optimal mix of social insurance, pensions and financial products that should be used to provide retirement income to the oldest old, here defined as those 90 and older. To be sure, Social Security and Supplemental Security Income (SSI) are already designed to provide modest, inflation-adjusted retirement benefits to all retirees. On the other hand, pensions and other forms of retirement savings are often dissipated long before people reach the esteemed status of oldest old. One approach for enhancing the retirement incomes of the oldest old would be to expand Social Se curity and SSI. Another approach would be to strengthen the protections provided by pensions and other forms of retirement savings. In particular, the private sector could be encouraged to sell more annuities and other lifetime income products, and, perhaps, the government should also get into the business of selling annuities. These are the kinds of solutions needed to ensure the oldest old face their final years with adequate economic resources.

Description: The SOA's Aging & Retirement Strategic Research Program and Financial Finesse are pleased to make available a series of briefs focused on retirement literacy issues. The Retirement Planning Tools brief provides a resource for better understanding retirement tools.

Description: This report presents five years of mortality experience on uninsured pension plans, analyzing mortality experience from 28 retirement systems and Medicare between 1985 and 1989. From Transactions of Society of Actuaries 1991-92 Reports.

Description: View the Archive Fall 2019: Retirement Plan Investment and Risk Management Exam.

Description: People of color in the US have different cultural norms, like hierarchical orientation, relationship orientation, communication styles, and team orientation. For example, in certain cultures, communication is much more indirect, and relationships are much more personal, than in others. How do these norms impact organizational and leadership culture? What leadership and communication styles are valued at work, and how do diverse individuals navigate work culture with their own personal norms to create success for themselves and the organization? This session will explore how cultural diversity impacts organizational and leadership cultures.