Description: Description of a group annuity contract with a separate investment account designed to provide the flexibility in the type of investment used for advance funding sought by many pension buyers without the complete loss of insurance company guarantees to an individual once he has retired. Followed by 2 discussion papers submitted.

Description: This is a discussion on pensions and if takes a closer look at the Deposit Administration. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.