Description: Discussion of types and amounts of benefits continued on retired employees and their dependents, the cost of continuance of pensioner benefits under the group plan and methods of financing benefits during active employment.

Description: This discussion on pension and retirement plans looks at assumptions made concerning investment yield rates, mortality, rates of disablement and disabled life mortality. Additional discussion focusing on looking at a trend away from individual policy pension plans toward Group Annuities. From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.