Description: This paper first discusses the history of the legislation of the joint and survivor benefits for the uniformed service personnel. It then goes on to address the specific actuarial assumptions made and the formulas developed for applying these assumptions for adaptability to the UNIVAC. This paper closes with specific programming procedures involved in using the UNIVAC.

Description: This report is jointly sponsored by LIMRA International and the Society of Actuaries in collaboration with Ernst & Young. It describes Substandard Annuities and discusses the market opportunity for them, underwriting, the associated risk management issues, and the issues companies need to address when competing in the substandard annuity market. It discusses the single premium immediate annuity, SPIA, in relation to substandard annuities and the differences between the products.

Description: This paper is an analysis of the mortality rates of beneficiaries of charitable gift annuities.

Description: The question of sex discrimination in employee pension plans in life insurance programs is only part of the more general issue of risk classification. Challenges to the old ways of classifying risks are not limited to pensions or to life insurance. It also impacts auto insurance, health insurance, and all other areas. However, for this discussion we will concentrate on sex discrimination in pension and retirement plans. From Record of the Society of Actuaries 1979, Volume 5, No. 1.

Description: This presentation from Session 17 of the SOA 2004 San Antonio Spring Meeting focuses on new product concepts that are emerging to capture the huge emerging retirement market. Panelists discuss concepts such as incorporating defined benefit concepts into defined contribution plans, insuring the longevity tail, innovations in 'traditional' annuities, 412i insured pension plans for small businesses, and highly impaired care annuities for people already incurring long-term-care costs.. From the Record of the Society of Actuaries, Volume 30, No. 2.

Description: This section presents and summarizes several insurance-related legal cases from 1954: 1. ACCIDENT POLICY- ACCIDENTAL MEANS: Hartford Accident and Indemnity Company v. Douglass, 2. SUICIDE EXCLUSIONDATE OF ISSUE AND EFFECTIVE DATE: New York Life Insurance Company v. Noonan, 3. INCOME TAX DEFICIENCYGOVERNMENT'S CLAIM AGAINST BENEFICIARY: United States vs. New. 4. BANKRUPTCYPOLICY LOANS MADE AFTER APPOINTMENT OF TRUSTEE: Lake, Trustee vs. New York Life Insurance Company, 5. ANNUITY CONTRAcTRECOVERY OF CONSIDERATION: Massachusetts Mutual Life Insurance Company vs. Hardwick, 6. DOUBLE INDEMNITYWAIVER OF AGE LIMIT: Peninsular Life Insurance Company vs. Howard, 7. DEATH ON POLICY ANNIVERSARYDEDUCTION OF UNPAID PREMIUM: Callahan vs. John Hancock Mutual Life Insurance Company, 8. GOOD HEALTH PROVISIONSUBSTANDARD RISK: Green vs. Acacia Mutual Life Insurance Company, 9. INSURANCE TRUSTTESTAMENTARY DISPOSITION: Gordon v. Portland Trust Bank, 10. MISREPRESENTATION AS TO INSANITYINCONTESTABLE CLAUSE: Arnold vs. Life Insurance Company of Georgia, 11. ACCIDENT INSURANCEBURNING OF BUILDING: Pacific Mutual Life Insurance Company vs. Walt

Description: This article discusses a variety of new developments in the annuity market.

Description: Increasing life spans and fluctuations in the equity markets have raised awareness of the potential of outliving one's income. This presentation from Session 30 of the SOA June 2004 San Antonio Spring Meeting discusses single premium immediate annuities as one solution to this growing issue. From the Record of the Society of Actuaries, Volume 30, No. 2.

Description: Summarizes IRS private letter ruling PLR 200818018, released Jan. 29, 2008, related to treatment of certain payments under Immediate VAs as SEPPs, and discusses its significance.

Description: This session at the SOA 2004 Annual Meeting covers payout annuity issues including an overview of product designs, the current market, and underwriting or substandard annuities.