Description: This is a discussion of the title paper by Robert M. Duncan which outlines the use of a contributory money purchase plan with death benefits, and investments in equities, to fund pensions. The approach is critiqued.

Description: By definition, actuaries are preeminent in making actuarial analyses. Nevertheless, in some areas, such analyses can be adequately performed by persons from other professions, such as economists and statisticians. This article describes the misuse of life expectancy data by the Heritage Foundation when they 'calculated' that low-income, single African-American males born after 1959 face a negative rate of return from Social Security. Unfortunately, this misinformation was widely disseminated through the news media and Web sites.

Description: This paper includes three discussions. The first is about permanent type insurance used as a substitute for group term insurance. The second discussion is about long-term disability experience, offsets and underwriting. The third discussion is about medical care expense insurance including experience, trends, impact of Medicare and COB. From Transactions of Society of Actuaries 1968, Vol. 20 Pt. 2, No. 56

Description: This article considers the challenges that need to be addressed in the cost analysis of long range social insurance programs, which in the US is now over a period of 75 years. The main thrust of this paper is the consideration of population changes however, the effects of economic elements cannot be ignored. From Actuarial Research Clearing House, 1984 Volume No. 1.

Description: This paper presents the fundamentals of creating and using projections. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.

Description: This discussion at the SOA 1966 Annual Meeting is about various aspects of group life and health insurance including disclosure forms, interest rates, group life maximums, disability insurance, and Medicare.

Description: The Soviet Union recently released complete life tables for 1984-85. This paper compares the data in these life tables with those in the 1958-59 U.S.S.R. life tables and with those in U.S.A. life tables for comparable periods. Discussion is included.

Description: This 1978 session on Social Security Funding included discussion on 1. Major Amendments, 2. Financing condition of Social Security after amendments, 3. Benefit levels, and 4. Possible future legislation.

Description: This paper documents recent medicare utilization experience from 1975-1977 extracted from a large statistical data file developed by the Department of Health and Human Services. From Transactions of Society of Actuaries 1982, Vol. 34.

Description: Presented at October 1985 Annual Meeting. Discusses how much of the sex mortality differential is due to smoking habits, how convincing are existing studies, what do worldwide trends in mortality suggest about the effects of smoking and on mortality, how well do insurers classify the smoking risk, and the United States Life Tables for 1979-81 paper by Myers and Bayo.