Description: The purpose of this paper is not to present a revolutionary new concept, instead, it is to reexamine a familiar concept in the light of new market circumstances and, to consider the consequences to the life insurance industry if the concept were adopted.

Description: This paper outlines the limitations inherent in current actuarial pricing techniques and describes a product development process that can produce optimal decisions in competitive environments. From Product Development Section Monograph, M-AS99-3.

Description: This paper examines how the cash balance plan design is related to the normal cost and accrued liability in the various actuarial cost methods, as well as the interaction of the economic assumptions in the valuation. The analysis will show that the traditional cost methods may understate the actual liability. The paper also presents an alternative cost method, along with its advantages and disadvantages. From Cash Balance Symposium Monograph, M-RS02-3.

Description: This paper provides some background about demography, health and retirement summarizes how current pension laws influence the design of pension plans and the timing of retirement and looks at the optimal retirement age from the perspective of employers, government and workers.

Description: This paper discusses and reaches the conclusion that baby-boomers and younger workers need to be told that their Social Security benefits will be substantially less adequate than those of today's retirees, and that they need to know now so that they have time to take appropriate actions to have more retirement income available from other sources. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: This is the How Amending Old Age Security Would improve the State of Canadian Women Living in the Alone Stage of Retirement abstract authored by Lori J. Curtis and Douglas W. Andrews for Session 5B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: Diabetes mellitus type 2 is an excellent model for assessing the setup of medical coverage in the U.S. health care system. It is a chronic disease that has genetic, behavioral and other medical causes, and causes many complications over the long term. From Financing Chronic Care Monograph, M-HB05-1.

Description: Expert discussion on several previously presented papers. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: There are strong interactions between the population of Mexico and the Mexican-origin population in the United States MOP. The main purpose of this paper is the identification of relationships from the demographic and social security perspectives.

Description: This paper demonstrates that cash balance plans should invest all of their assets in taxable fixed-income securities and credit employee account balances with the total return on an equity index. From Cash Balance Symposium Monograph, M-RS02-3.