Description: The Retirement Plans Experience Committee (RPEC) hired Ernst & Young to perform a literature review and assessment of mortality improvement rates in the United States population.

Description: This report discusses drivers of U.S. mortality improvement for the short and long term.

Description: In this expository paper several comments are made with respect to the statistical independence of the curtate future lifetime and the fractional part of the future lifetime, both of a general status. In particular, the conditions for independence need to be stated carefully. The last-survivor status is cited as an example. More general assumptions than the uniform distribution of deaths assumption are then considered, together with applications to insurances, annuities, and reserves. Similar results to those under the uniform distribution of deaths assumption are obtained. Brief comments are made with respect to contingent probabilities in multiple lives and multiple decrement theory.

Description: Actuaries have been indebted to the Statistical Bureau of the Metropolitan Life for studies in vital statistics associated with the names of Dublin, Lew and Spiegelman and a recent study by Quint and Cody is in this tradition. It is headed Preeminence and Mortality and was presented to the Annual Meeting of the American Public Health Association last November. This article shares further perspectives about longevity, and the characteristics of people who experience long lives.

Description: Three papers use sophisticated actuarial methods to develop a straightforward retirement income strategy that can be implemented in virtually any IRA or 401(k).

Description: Three papers use sophisticated actuarial methods to develop a straightforward retirement income strategy that can be implemented in virtually any IRA or 401(k).

Description: This article talks about longevity risk and reinsurance and its global challenges.

Description: In this paper, we derive three important longevity Greeks on the basis of an extended version of the Lee-Carter model that incorporates stochastic volatility.

Description: A Discussion of why female mortality is higher than male mortality at higher ages.

Description: Identifies current trends and considerations when setting the mortality improvement assumption for individual life insurance in the US.