Description: This paper investigates a technique for developing investment assumptions for pricing that are consistent with the investment practices of the company for use in the pricing of single premium immediate annuities. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: A review of recent trends in immediate non-refund annuity mortality and a presentation of a modification of the a-1949 Table with Projection Scale B which reflects these recent mortality trends. Followed by several discussion papers submitted

Description: This paper concentrates on the issue of determining interest rates for pricing the guaranteed purchase rates at time of retirement under a group annuity contract, but the technique developed can also be applied to possible variations from expected mortality. A discussion of this paper is included.

Description: This paper presents a generalized profits released model which resolves the difficulties of the traditional analysis posed by products that have fluctuating profits and losses over time or have no initial investment. Discussions of the paper are included.

Description: This paper describes the derivation of the ELAS Life Income Mortality Table, which has been adopted by the Equitable Life Assurance Society as the mortality basis for the life income option of the modes of settlement in its current series of policy forms and for the calculation of premiums under currently issued individual deferred annuity contracts.

Description: These are submitted discussion papers on the paper, 'Annuity Mortality' by Walter G. Bowerman.

Description: In general, a complete annuity of one per annum may be defined as a curtate annuity of one per annum with an additional final payment, made a fraction of a year after the last payment of one, representing the accrued portion of the succeeding payment not yet due. This paper explores the relationships which occur if compound interest is used instead of simple interest to calculate the final partial payment.

Description: This paper considers a typical retirement endowment plan where an endowment provides for a monthly payment at retirement and units of life insurance prior to retirement and which the amounts of insurance in later years are net level premium reserves. From Transactions of Society of Actuaries 1961, Vol. 13, No. 37.

Description: Presentation of certain commutation functions and net single premiums for widows pension benefits

Description: The aim of this paper is to examine relationships, analogous to that of premiums and reserves, for the case of a general insurance with benefits payable in respect to several forms of decrement. Specifically, this paper presents a system of splitting the total premiums and reserves into components related to the different benefits, with formulas distinguished between dependent and independent relationships between premium and reserve components. Discussions of this paper are included.