Description: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides the author's comments on Health Maintenance Organizations and describes an opportunity for actuaries to apply as service providers to this developing industry.

Description: Article from The Actuary, May 1972 – Volume 6, No. 5 that talks about the 1971 White House Conference on Aging. The purposes of the conference were: 1 to develop a national policy on older Americans, 2 to involve older people in helping solve their own problems, and 3 to involve national organizations in the problems of the aging.

Description: Brief review of the monograph written on tontines. Outlines support for the monograph's reading and value to the actuarial profession.

Description: Review of the fifth and final report in the 1960 Census Monograph Series created by the Social Science Research Council. Makes a compelling case for the monograph providing a good historical and statistical analysis of the changing U.S. population and demographics.

Description: APL is both a unique form of mathematical notation and a programming language. As a notation it has intrinsic appeal and gives rise to many elegant and ingenious definitions of mathematical concepts. As a programming Language, or system, it also provides the user with instant evaluation of these concepts. The combination is extremely powerful, and some interesting applications may be demonstrated with respect to annuities.

Description: This article covers the presentation given by Mr. Gerald Hutchinson of the Social Security Administration to the Baltimore Actuaries Club recently on the subject of surnames. A surname has six or few letters.

Description: This is a book review of 'Management: Tasks, Responsibilities, Practices' by Peter F. Drucker, considered by some to be the high priest of management. The book is divided into three parts- The Tasks, The Manager and Top Management. The last named contains much food for thought, not just for top management but for the underlayer as well. The first two parts reveal Drucker’s knowledge of and insight into what is good management and what is not. Repeatedly, he makes his point by citing real cases and describing real companies. His occasional comments on the life insurance industry are pointed. The book is also noteworthy for giving us another law to stand alongside those of Parkinson, Murphy and Peter- Drucker’s Law: 'If one thing goes wrong, everything else will, and at the same time.'

Description: The exhibit tracing actuarial history in Canada and the United States, from Benjamin Franklin to the computer age, was one of the highlights of the Society of Actuaries' Annual Meeting, in New Orleans, October 28 through 30.

Description: A summary of the first public conference of the Canadian Association of Pension Supervisory Authorities, held in Quebec, June 11-12, 1975. The Association is composed of representatives of government bodies which administer legislation governing private pension plans in Canada.

Description: Review of Fifty-Second Annual Report of the Board of Actuaries of the Civil Service Retirement System. The authors found it to be a concise well written report discussing a number of issues facing all pensions in an inflationary economy. Both the title and the dull format in the usual Government Printing Office style would seem to insure this document's instantaneous consignment to dead storage. However, behind the cover of this small pamphlet is a concise, well written report discussing-a-number of the issues facing not only federal pension programs at the present time, but all pensions in an inflationary economy. For example, several of the 11 pages devoted to the main report discuss the implications of static assumptions ignoring inflation as opposed to dynamic assumptions including inflation.