Description: The method in this paper is to derive expressions for mortality between integral values of age underlying the typical approximations employed, and to compare such expressions. Annuity and life reserve formulas are compared. Discussions of the paper are included.

Description: The purpose of this paper is to illustrate the use of a new approximation to determine contingency reserves against adverse mortality experience for a portfolio of life annuity contracts.

Description: Concomitant with the industrial revolution, the function of providing old age income shifted from families and local institutions to government social security and private pension plans. The history of this change in the U.K. and U.S. is reviewed. A simple mathematical model provides insights into the role played by three rates [the rate of increase of the working population, the time preference rate, and the rate of real wage growth] in determining optimum funding policy. From Actuarial Research Clearing House 1994, Vol. 2.

Description: This paper is a practical guide to the terminal funding annuity product. Actuarial considerations, investment strategies, administration, and marketing aspects are discussed.

Description: This is an excel spreadsheet with some data pertaining to an article of the same name from the Product Development News

Description: The purpose of this paper is to explain several actuarial-demographic-statistical techniques and show their application in medical investigations. Actuarial Research Clearing House 1979, VOL. 1

Description: The objective of this paper from the Transactions of Society of Actuaries 1964, Vol. 16, Pt. 1, No. 44 AB, is to illustrate some of the alternative approaches to making approximate probability statements about the present value of life annuities assuming a specified distribution of the random variable, time until death, and a fixed interest rate.

Description: Shows how to use personal information such as medical history, family characteristics, etc. in a logical statistical fashion for the purpose of modifying an existing mortality table to reflect the collected underwriting information.

Description: This paper sets out the basic principles of federal income taxation of annuity payments, together with the general rules for determining which of two possible methods must be used and the general formulas to be used. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 58.

Description: This paper discusses alternatives open to an actuary in the writing of a variable annuity contract. From Transactions of Society of Actuaries 1969, Vol. 21, Pt. 1, No. 61.