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: The following topics were discussed at concurrent sessions: 1. Independence of the actuary, 2. Problems posed by United States pension legislation, 3. Registered equity products, including variable life insurance, variable annuities, and mutual funds, 4. Limits to growth, and 5. Maintenance of high standards in a profession. From Transactions of Society of Actuaries 1974 Vol. 26, Pt. 2D, No. 76.

Description: This discussion at the 1968 Annual Meeting covers issues related to consulting actuaries including communication with various audiences, pension choices by employers, multiple employer plans, pension funding standards, individual life reinsurance, and product comparisons.

Description: The administrators of Social Security offset-type defined benefit plans commonly encounter two difficulties when attempting to calculate the Primary Insurance Amount 'PIA' offset. The first difficulty is in obtaining the Social Security earnings history. The second difficulty is in performing the calculation itself. This paper explores the possibility of substituting a variant of the employee's final average salary for his or her Social Security Average Indexed Monthly Earnings 'AIME'. The acceptability of this substitution is then critiqued with illustrations. From Transactions of Society of Actuaries 1980, Vol. 32.