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.

Description: The life annuity mortality risk is the variation in actual financial experience of a group of annuitants from that expected, attributable to the mortality experience of the group. This paper investigated the mortality risk present in a single life annuity and determine the effect of age, sex, assumed interest rate, mortality table, and form of annuity on this risk. Then, it investigated the mortality risk in various portfolios of annuities. Followed by several discussion papers submitted

Description: This statement is an expression of opinion by the Committee on Actuarial Principles regarding the identification of actuarial principles to be considered for adoption by SOA membership. This covers the following types of principles: statistical, economic and financial, modeling, risk management.

Description: This report presents the results of the 1986-92 Credit Risk Event 'CRE' Loss Experience Study which represents a continuation of the 1986-89 pilot study analyzing loss experience by institutional investors on private placement bonds. This continuing study is being conducted under the auspices of the Society of Actuaries and involves thirteen institutional investors which accounted for between 34% and 42% of outstanding life insurance company private placement bond holdings during the study period. The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-92. From Transactions of Society of Actuaries 1997-98 Reports.

Description: It is the objective of this paper to highlight and analyze the difference in funding level per participant in the context of a specific situation when determined on an aggregate basis versus an individual basis. From Transactions of Society of Actuaries 1986, Vol. 38.

Description: The purpose of this statement is to describe principles and considerations regarding the provision made by insurance organizations relative to life actuarial risks. From Transactions of Society of Actuaries 1995, Vol. 47.