Description: A discussion of the role and responsibilities of actuaries beyond crunching numbers

Description: As the search continues for a solution to the U.S. Social Security system’s financing problems, the U.S. Congress is considering raising the normal retirement age for U.S. workers. The House Ways and Means Social Security Subcommittee heard testimony on Feb. 26, 1998 from Christopher Bone, chief actuary, Actuarial Sciences Associates, Somerset, N.J., Ron Gebhardtsbauer, senior pension fellow, American Academy of Actuaries, and Robert Myers, former chief actuary of the U.S. Social Security Administration and professor emeritus, Temple University. All discussed the impact of a higher normal retirement age. This article summarizes the testimony of these three actuaries.

Description: Presented at May 1986 Spring Meeting. This session discussion is about redetermination of 'Non-Guaranteed Pricing Elements Recommendations', actuarial responsibilities to the various publics relative to nonguaranteed pricing functions and brief status report on Interim Actuarial Standards Board 'IASB' including how this Committee's Exposure Draft affects the IASB.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 that talks about the various ways of constructing systems and suggests the desirability of establishing measures of efficiency for the alternatives so that we may rationally choose among them.

Description: Written from a regulatory perspective, the article covers the purpose of regulation and some regulatory expectations. The topics include the appointed actuary's involvement in corporate governance, reasonability of results when compared to prior results, data quality, familiarity with the company's annual statement and applicable statutes, and areas where appointed actuaries can add value though services provided to smaller life insurance companies.

Description: A study funded by the Committee on Finance Research of the Society of Actuaries on actuaries serving individuals. Focus would be on consulting to private individuals to assist with retirement issues as well as other insurance related issues.

Description: Article Editorial by Vogel in The Actuary, December 1979, Volume 13, Number 10. Actuary aspires to be a highly valued professional in the general public.

Description: This article provides comments about questions raised and discussed in the March and May 1981 issues of The Actuary regarding the relative merits of a U.S. Government Actuary post.

Description: Article from The Actuary, May 1983, volume no. 17, issue no. 5, that is a guest editorial regarding actuaries in the community and how closely integrated and intertwined are the concepts of professionalism and community service.

Description: Chairperson's Corner discussing actuarial principles and what we as actuaries value in our work.