Description: A summary of the 1963-1965 study of the mortality experience under Canadian group term life insurance policies by the Canadian Institute of Actuaries.

Description: New FSA Jordan Erp credits the restructured exam process with providing him with a borad view of the actuarial profession. This article is an overview Erp's experience and the restructured exam process.

Description: This article discusses the cost of vesting under TEFRA's accelerated benefit accrual and vesting rules for top-heavy plans.

Description: The Education and Examination Committee recently awarded 30 Fellowship credits to Gordon Willmot for his paper entitled “A Queuing Theoretic Approach to the Analysis of the Claims Payment Process.” This marks the first such award under a new program approved unanimously by the Board of Governors in October 1987.

Description: The August/September 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: Historically, male mortality rates were below those of females. However, that trend has been reversed within the last 100 to 150 years, causing revolutionary changes in the role of women. This subject was examined in a paper on “Mortality Trends of Males and Females Over the Ages” by Barnet N. Berin, George J. Stolnitz and Aaron Tenenbein, presented at the Centennial meeting.

Description: The October/November 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: This article is about the need for changes in employee benefits and retirement. According to the author we have lost sight of the original goal: the encouragement of privately sponsored employee benefit programs so that workers and their families can live in dignity in retirement.

Description: A discussion about the possible future effects of AIDs/HIV on the life insurance industry.

Description: The Funding Standard Account was introduced by ERISA to determine a defined benefit plan's compliance with the minimum funding standards of the law. In this article, the author discusses the following aspects of the Funding Standard Account: 1. Combining and offsetting Funding Standard Account amortization charges and credits, 2. The Full Funding Limitation Credit, 3. The Alternative Minimum Funding Standard Account, and 4. The minimum contribution required to assure avoidance of an Accumulated Funding Deficiency.