Description: This paper considers policies with annual premiums and discusses four types of life insurance reserves calculations: curtate, fully continuous, discounted continuous, and semicontinuous. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Book reviews of 'Final Answers,' 'Life Insurance, a Non-Life Approach,' 'Practical Risk Theory for Actuaries,' 'A Problem-Solving Approach to Pension Funding and Valuation,' and 'Retooling Social Security for the 21st Century.' From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: This paper builds on the analysis of Berin and Lofgren of 'Financial Accounting Standard No. 87', with regards to pension plans. The relationships between the quantities defined in FAS 87 are further explored, and the analysis is extended to cover FAS 88, 'Employers Accounting for Settlements and Curtailments of Defined-Benefit Pension Plans and for Termination Benefits'.