Description: The objective of this statement of principles is to articulate the current understanding of the significant principles that form the scientific framework underlying all areas of actuarial practice. The intended audience includes practicing actuaries, researchers and others, such as representatives of standard-setting organizations. This articulation is not immutable and should be revised if changes arise in our understanding of the key concepts and phenomena relevant to actuarial science, or if a better expression of the ideas is developed. This statement is the culmination of an effort that begin with the October 1991 draft by the SOA Committee on Actuarial Principles entitled “Principles of Actuarial Science. After incorporating numerous comments, that statement was published in Transactions of the Society of Actuaries XLIV, 1992.

Description: In early 1989, the Society of Actuaries appointed a Task Force on Strengthening Relationships Between Universities and the Actuarial Profession. The charge of the Task Force was to explore the relationships between the actuarial profession and universities in the United States and Canada and recommend how they can be strengthened to the benefit of both the actuarial profession and the universities. This article summarizes the Task Force's recommendations that were approved by the Society of Actuaries Board of Governors. From Actuarial Research Clearing House, 1991 Vol. 1.

Description: The SOA Board considered the report of the Accreditation Implementation Task Force, approved the Task Force's two recommendations and initiated an Alternate Route study task force.

Description: An article detailing four members’ diaries from November 1992 through March 1994 about their trips to Russia.

Description: The article is a tribute to the life of Bob Myers, actuary and life-long contributor to OASDI.

Description: This article explains the Society of Actuaries' views on mandatory continuing education.

Description: This article discusses the work of the Accreditation Implementation Task Force in developing accreditation standards for university actuarial programs.

Description: This article regarding grasping life contingency principles. Drs. Broffitt and Klugman Jan. issue helpfully analyze some theoretical life contingency and compound interest details often overlooked.

Description: Column discussing the SOA’s addition of the Decision Making and Communication Module to its exam process.

Description: The author analyzes the arguments for and against a Social Security earnings test and concludes with a recommendation the author believes is consistent with the proper purpose and nature of the old-age, survivors, and disability insurance [OASDI] system. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1982 Volume 34.