Description: This is the Introductory Study Note for the Society of Actuaries Retirement Benefits-Company/Sponsor Perspective examination for Spring 2012 that will be given on Friday, April 27th, from 8:30 a.m. –1:15 p.m.

Description: This 2007 article from U.S. News & World Report by Paul J. Lim and Emily Brandon is about households retiring with less assets saved than was planned. It references an Employee Benefit Research Institute study and includes quotes from Anna Rappaport, FSA.

Description: Reunite with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, IFRS 17, product strategy, cross-border communication and discussion, and more. Advance your career through learning and networking opportunities, and share your experiences in the finance and insurance industries, as well as other fields related to actuarial science.

Description: This article contains reviews of the following books: 1. 'The Analysis of Mortality and Other Actuarial Statistics' by B. Benjamin and H. W. Haycocks, 2. 'Life Insurance, Annuities & Pensions' by A. Pedoe, 3. 'Vesting and Termination Provisions in Private Pension Plans' by Carl H. Fischer, 4. 'Decision Analysis: Introductory Lectures on Choices under Uncertainty' by Howard Raiffa, 5. 'Mathematical Methods in Risk Theory' by Hans Buhlmann, 6. 'Early Retirement Benefits-Panacea, Purgatory or Palliative' by Harry E. Blagden, 7 'Early Retirement: A Survey of Company Policies and Retirees' Experiences' by Mark R. Greene, H. Charles Pyron, U. Vincent Manion, and Howard' Winklevoss, 8. 'Guaranty Fund for Private Pension Obligations' by Dan M. McGill, and 9. 'The Automobile Worker and Retirement: A Second Look' by Richard E. Barfield. Notices of other articles and studies are also included. From Transactions of Society of Actuaries 1971, Vol. 23, Pt. 1, No. 65.

Description: Digests of following discussions: 1. Mutual life insurance companies - their objectives and operating philosophy 2. State, provincial, and municipal employee pension plans - financing and other problems 3. Mortality and underwriting of individual policies for large amounts 4. Investing during the 1970's 5. Long-range viability and regulation of corporate pension plans 6. Forecasting the environment for business 7. Liabilities and surplus in the 1970's 8. Changing modes of family life - work and income over the life cycle 9. The role of the actuary in collective bargaining 10. Health insurance in the United States 11. Adjusted earnings

Description: This article contains reviews of the following books: 1. 'Fundamental Mathematics of Life Insurance' by Floyd S. Harper and Lewis C. Workman, 2. 'Mathematics of Compound Interest' by Marjorie V. Butcher and Cecil J. Nesbitt, 3.'Compound Interest and Annuities-Certain' by D. W. A. Donald, 4. 'Demography' by P. R. Cox, 5. 'The Spirit and the Uses of the Mathematical Sciences' edited by Thomas L. Saaty and F. Joachim Weyl, 6. 'Ethics, Morality, and Insurance' by John D. Long, 7. Reports of the 1971 Advisory Council on Social Security, 8. 'Medical Care at Public Expense' by Mark V. Pauly 9. 'Eleventh Actuarial Valuation of the Assets and Liabilities under the Railroad Retirement Acts as of December 31, 1968, with Technical Supplement' by the Railroad Retirement Board, 10. 'Nouvelles tables-types de mortalité' by Sully Ledermann, 11. 'A Table of Expected Working Life for Men, 1968' by Howard W. Fullerton, 12. 'Disability-Determination and Evaluation' by Henry H. Kessler, 13. 'Industrial Safety Statistics: A Re-examination' by Jerome B. Gordon, Allan Akman, and Michael L. Brooks, 14. 'Pensions and Severance Pay for Displaced Defense Workers' by Hugh Folk and PauI Hartman, 15. 'Trends and Variations in Fertility in the United States' by Clyde V. Kiser, Wilson H. Grabill, and Arthur A. Campbell, 16. 'Benefit Plans in Junior Colleges' by Francis P. King, 17. 'The Consumer's Guide to Insurance Buying' by Vladimir P. Chernik, and 18. 'Private Pension Scheme Finance' by Sylvia and Leslie Tutt. Notices of other studies and articles are also included. From Transactions of Society of Actuaries 1971, Vol. 23, Pt. 1, No. 67.

Description: This article reports on a discussion between Frederick P. Sloat, FSA and Ernest Hicks, CPA regarding a form which is being prepared to comply with Opinion No. 8 of the AICPA. The form is for auditors to use when requesting necessary information from actuaries with respect to pension plans.

Description: This is the Introductory Study Note for the Society of Actuaries Retirement Benefits-DP, Canada, examination for Spring 2012 that will be given on Thursday, April 26th, from 8:30 a.m.–11:45 a.m. and 1:30p.m.–4:45pm.

Description: The article notes that the “Terminology Report of the Committee on Pensions of the Society of Actuaries was initially undertaken to assist the Academy’s Principles and Practices Committee with recommendations it had been preparing. As indicated in the exposure draft of the Terminology Report distributed in March 1975, the scope of the project was subsequently broadened.” It then summarizes recent developments and recommendations.

Description: This is the Introductory Study Note for the Society of Actuaries Retirement Benefits-Design and Pricing, US examination for Spring 2012 that will be given on Thursday, April 26th from 8:30 a.m. –12:15 p.m.