Description: This paper first summarizes the recent operations of the OASDI and Public Assistance PA programs. Then, the legislative history of the 1960 Amendments is presented in some detail, since proposals advocated unsuccessfully, or even passed by one House, often are embodied in subsequent legislation. Finally, the provisions of the OASDI system following the 1960 Amendments are summarized by categories, with particular emphasis on changes made and on financing aspects. From Transactions of Society of Actuaries 1960, Vol. 13, No. 36 AB.

Description: This paper demonstrates how, under the projected benefit cost methods whereby the gains are reflected in the normal cost rate, gains determined at a given valuation date are amortized over the future working lifetime of the active employees included in the valuation as of that date.

Description: This paper focuses on the Social Security Act. The paper first presents a brief history of the old-age and survivors insurance system and the public assistance program. The provisions of the amended act are compared to the previous version. Actuarial cost estimates underlying the insurance program are given with implications of the financing basis of the program.

Description: This investigation specifically covers the mortality for immediate single-life annuities issued in the United States and Canada during the years 1931-1947 inclusive and observed between 1946 and 1948 contract anniversaries. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

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

Description: This report covers the mortality experience observed between 1948 and 1949 policy anniversaries. In addition, two new basic mortality tables derived from the combined experience of the contributing companies between 1946 and 1949 policy anniversaries are presented.

Description: The present paper starts with the published experience in the 1968 'Reports', discusses the factors involved in developing a valuation basis from the basic data, and describes the proposed basis so derived. Commutation functions are also developed.

Description: This 1977 report provided morbidity experience under individual health policies in force during the 1973 and 1974 calendar years.

Description: This paper extends the author's previous study, 'An Expanded Financial Structure for Ordinary Dividends', to reflect amendments to the life insurance company federal income tax statutes introduced by the Tax Equity and Fiscal Responsibility Act of 1982 [TEFRA]. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: Presents the results of a study of disabilities approved prior to 1965 under group insurance extended death benefit provisions of the premium-waiver type. Both mortality and morbidity data is provided.