Description: The results of a mortality study for Canadian pensioners are presented. From Actuarial Research Clearing House, January 2000, Volume 1.

Description: This abstract describes a paper that proposes a stochastic population structure model based on the Leslie matrix, in which a Lee-Carter model framework is used to describe the future mortality and fertility changes.

Description: Public policy makers acknowledge that there exist significant tax incentives for the use of Registered/Qualified Pension Plans and RRSP's/lRA's. This is the abstract of a paper that first analyzes these tax advantages as to the component source, i.e., how much of the advantage can be attributed to the tax deductibility of contributions and how much is because of the non-taxation of the investment income until taken. The paper then attempts to determine and illustrate whether or not these elements of tax assistance should be viewed as tax deferral or tax waiver. The analysis shows that any tax advantages associated with the deductibility of contributions is only tax deferral. However, the paper proves that there is a permanent loss to the taxpayers associated with the non-taxation of earned investment income until taken which should be viewed as a tax subsidy or tax waiver. The paper ends with a short discussion of the public policy issues raised by these findings. From Actuarial Research Clearing House 1994, Vol. 1.

Description: When a pension plan surplus reaches a high level, distributing some of it may be desirable. This article proposes a percentile-based criterion for how much to give. From Actuarial Research Clearing House, Volume 2000,Vol.1.

Description: A proposal for a minimum continuing capital and surplus requirement for life insurers has recently been circulated by the Department of Insurance Canada for comment by the life insurance industry and the actuarial profession in Canada. This talk describes some of the reasoning and methodology underlying this proposal.