Description: This paper presents an analysis of whether workers get their 'money's worth' from the taxes they pay under the U.S. Social Security program. The cash retirement benefits for various cases of workers who have attained age 65 in different years and at different earnings levels is explored. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: The main focus of this report is the presentation of information and methodologies to support the analysis of the financial impact of AIDS on individual companies writing life insurance in the U.S. Topics include reserving and development of valuation tables used for both statutory and GAAP accounting. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: This is a sequel to Panjer's paper. The Walter Reeed Staging Method - WRSM - is a method that groups patients infected with HIV into various stages. This paper looks at mathematically modeling the transition process of HIV by using the WRSM. This paper argues that Panjer's results are biased and understates the average time it will take an HIV life to develop AIDS.

Description: In an increasing population the number of persons falls off from age to age more rapidly than does the stationary population of the life table. This can introduce a systematic bias into life table calculations. The first part of the paper describes an iterative procedure to correct for the bias, extends the method to multiple decrement and associated single decrement life tables, and demonstrates the magnitude of the bias involved. The second part of the paper summarizes the results of applying iterative life table techniques to 165 populations which encompass over a century's experience and include countries from all parts of the world. Followed by discussions submitted by several people

Description: In this paper, the coefficients of the minimum-Rz moving-weighted-average formulas are derived using matrix algebra and the method of Lagrange multipliers. Reviewer's note: This mathematics can be useful in the graduation process of mortality and morbidity table construction

Description: The use of Gompertz's law to describe mortality between the ages of 30 and 90 is discussed in this paper. A further use of Gompertz's law, as a tool in comparing mortality tables, is presented for thirty-three modern tables. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: Table of Contents of 1958 Reports of Mortality and Morbidity Experience.

Description: The Committee's investigations prepared in 1950 covered the following matters: I. Group Annuity Mortality II. Group Life Insurance III. Group Accident and Health Insurance, including Group Hospital and Surgical Expense Insurance. The details of these investigations were published separately from this document, which merely sets forth a brief description of the studies.

Description: Presents the proposed new valuation table for industrial life insurance to replace the 1941 Standard Industrial Mortality Table, with the specifics of its development. Discussions of this report are also included.

Description: Discussion of the extent to which current SOA studies are useful and in what ways and their shortcomings.