Description: This article provides comments on some of the economic and demographic forecasts in the 1976 OASDI Report Social Security.

Description: This is an editorial warning about the escalating costs of Medicare as outlined in the 1983 Annual Report of The Board of Trustees of The Federal Hospital Insurance Trust Fund. The editorial ends with a question asking what the actuarial profession, and its members individually, ought to be doing that they aren’t already doing?

Description: This is an article about the education provided for actuaries highlighting a paper presented to the Institute in London in January 1982 by W. W. Truckle, F.I.A., Director of that body's Actuarial Tuition Service. Written to provide a framework for oral and written discussion, it features questions rather than opinions.

Description: A description of the election process within the SOA, the role of the Board of Governors, and how the process has evolved from an on-the-spot balloting process to a mail-in process.

Description: We believe that some actuaries who have neglected reading their mail will welcome a reminder on behalf of the Minority Recruiting Program.

Description: The author of this article, The Actuary’s editor, notes that this article is a capsule of what may be called “the Angle/Bladen theme.” John C. Angle spoke at Hartford in April 1980 see the Record for that meeting, pp. 188-193. His investment colleague, Ashby Bladen, addressed our Annual Meeting in Montreal last October 1980. Their observations were about mutual life insurance in the United States. The article notes that the current economic environment, with interest rates “far outside the familiar 3% to 6% range,” is a difficult one for life insurers and their traditional products, that we are becoming less conservative when the risk of serious economic trouble is rising, and “a satisfactory future depends on restoring stability, not upon trying to learn how to cope with instability.”

Description: It was in 1974, we recolld, that an NAIC Lapsation Task Force, expressing its frustration with excessive lapses experienced by some companies and some agents, said that there was nothing effective that state commissioners could do about this. But in 1977 the repletors took the first necessary step toward doing something by seeking recommendations from this advisory group, capably chaired by LIMRA’s Helen T. Noniewicz. At least 14 Society members contributed to its work.

Description: This is the survey results from the questionnaires covering the Spring Regional Meetings. From The Actuary, September 1968, Vol. 2, No. 7.

Description: Franklin B. Dana's query at the close of his article in this issue prompted us to turn to several members who were active in Society affairs in the 1950s. We asked them what they recall of past efforts to promote the idea of having a Government Actuary in Washington, and how they see today’s prospects.

Description: Discusses letter by Ray M. Peterson, F.S.A. to the New York Times re Social Security.