Description: This article discusses that over the past five years, an increasing number of actuaries have become concerned with the asset side of the balance sheet.

Description: The first in a series of articles exploring the improvement in retiree life expectancies and ways the improvement can be incorporated into actuarial estimates of annuity and pension plan reserves.

Description: The Occidental Life Insurance Company position paper: Mortality Fluctuation Reserve for Stock Life Insurance Companies is reproduced. The methods chosen are considered to conform to the Audit Guide for Stock Life Insurance Companies issued by the AICPA in December, 1972.

Description: A book review. This book provides an analysis of what is meant by adequate retirement income through an examination of the social security systems of four countries Sweden, Germany, Belgium and Canada to a program of reform for the United States pension system.

Description: Discussion of the preliminary findings of the Society of Actuaries Ad Hoc Committee on a New Build and Blood Pressure Study

Description: This article discusses funding flat-benefit pensions and suggests steps to address what will likely be a future underfunded plan.

Description: Book review: Value of Pensions in Divorce by Marvin Snyder is described as a 'comprehensive treatise' geared to the non-actuary.

Description: Contrasts the new version of GAAP for mutual companies with GAAP for stock companies.

Description: Discussion of the new features that have been added to the Society of Actuaries' web-site.

Description: The only indices set out in the Annual Statement are 1 the ratio of net investment income to mean assets in Exhibit 2, and 2 those ratios in Schedule H and the Accident and Health Policy Experience Exhibit the Exhibit. The impropriety of the Schedule H and Exhibit ratios as meaningful indicators is discussed below. It is assumed in the discussion that statutory accounting principles and considerations are operative, and the superiority of indices based on generally accepted accounting or economic value principles is not advanced. The statutory indices adjusted and unadjusted are used and referred to by regulators, industry groups, trade journals, and others. Thus, within the context of statutory accounting, the indices should be properly determined.