Description: The effect on level premium reserves of a change in the interest or mortality basis can often be predicted by the results obtained in Spurgeon's Life Contingencies, Chap. X, pp. 185-190. This note offers formulas to demonstrate the effect of such changes.

Description: This is a discussion of the paper, Actuarial Note: The Equation of Equilibrium by Donald C. Baillie. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This is a discussion about the Opinion No. 8 Bulletin on accounting for the cost of pension plans that was recently issued by the Accounting Principles Board of the American Institute of Certified Public Accountants and Bulletin No. 21 recently issued by the Committee on Accounting and Auditing Research of the Canadian Institute of Chartered Accountants, and the effect these bulletins will have on the preparation of actuarial valuations of pension plans. Also discussed is the use of level-premium life insurance in connection with employee benefit plans and the underwriting, actuarial and other problems encountered in the design and marketing of such plans. From Transactions of Society of Actuaries 1967, Vol. 19 Pt. 2, No. 54.

Description: The purposes of this note from the Transactions of Society of Actuaries 1963, Vol. 15, Pt. 1, No. 43 are to contrast the growth of the net level premium reserve and the growth of the cash value, in a policy paying the cash value if greater type of death benefit, and to suggest an unconventional surrender charge that will cause the net level premium reserve for such a policy to grow at an interest rate alone during the period when the death benefit is the cash value.

Description: This note looks at the differences of selecting a term versus whole life plan. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.