Description: Article examines a proposed amendment to the MAP-21 Act that would have changed a number of tax requirements regarding so-called life settlements.

Description: Feature article discussing how actuaries are affected by the need for maintaining controls and the use of IT resources for meeting these needs.

Description: The article provides an introduction to some of the key limitations that the Internal Revenue Code imposes on business uses of life insurance, focusing on the limitations under Section 264(a) on business deductions for premiums and interest expenses related to life insurance, the similar limitations under Section 264(f) for unrelated interest expenses of businesses that own life insurance, the limitations under Section 101(j) on the excludability of death benefits under employer-owned life insurance contracts, and the recently-enacted rules for life settlement transactions.

Description: Metadata for entire issue

Description: A review of a pamphlet which described the amendments to the Social Security Act in 1977.

Description: The editor of Health Watch previews the articles in this issue.

Description: Update on the proceedings of the March 2010 NAIC meeting.

Description: This article discusses reasons why the Society of Actuaries is not vocal in expressing its opinion.

Description: Three 1983 U.S. Supreme Court pension-and-welfare-related opinions, viz. a. Shaw, b. Construction Laborers, and c. Morrison-Knudsen, merit at least passing attention by actuaries even though their impact upon the actuary’s work may vary from slight to significant.

Description: An overview of the formation of the Committee of Professional Associations on Federal Statistics, initiated by the Joint Ad Hoc Committee on Government Statistics, in response to the need for statistical advisory committees to government agencies to promote better data collection and dissemination, contracting, forms clearance, planning, coordination, monitoring, staffing, and strengthening of agency functions.