Description: This paper first discusses the history of the legislation of the joint and survivor benefits for the uniformed service personnel. It then goes on to address the specific actuarial assumptions made and the formulas developed for applying these assumptions for adaptability to the UNIVAC. This paper closes with specific programming procedures involved in using the UNIVAC.

Description: This article is part of the Digest of Informal Discussion, which took place at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. The article identifies the participants and summarizes each person’s comments. The participants discuss a 1954 Committee Report on annuitant mortality, and ask if the present bases and valuation standards for individual annuities and settlement options are satisfactory, in light of improving annuitant mortality. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: VM-22 was first introduced into the Valuation Manual in 2018. A number of changes have been made since its introduction, with more expected on the way. This article compares valuation requirements for income annuities pre- and post-VM-22, discusses technical and implementation implications with regards to VM-22 (including comparison with New York Regulation 213), and considers future revisions.

Description: This article describes the attempt to discover a product for the elderly already receiving long term care, which focused on impaired annuities, and finding the appropriate distribution options.

Description: An overview of the immediate payout annuity market.

Description: This section presents and summarizes several insurance-related legal cases from 1954: 1. ACCIDENT POLICY- ACCIDENTAL MEANS: Hartford Accident and Indemnity Company v. Douglass, 2. SUICIDE EXCLUSIONDATE OF ISSUE AND EFFECTIVE DATE: New York Life Insurance Company v. Noonan, 3. INCOME TAX DEFICIENCYGOVERNMENT'S CLAIM AGAINST BENEFICIARY: United States vs. New. 4. BANKRUPTCYPOLICY LOANS MADE AFTER APPOINTMENT OF TRUSTEE: Lake, Trustee vs. New York Life Insurance Company, 5. ANNUITY CONTRAcTRECOVERY OF CONSIDERATION: Massachusetts Mutual Life Insurance Company vs. Hardwick, 6. DOUBLE INDEMNITYWAIVER OF AGE LIMIT: Peninsular Life Insurance Company vs. Howard, 7. DEATH ON POLICY ANNIVERSARYDEDUCTION OF UNPAID PREMIUM: Callahan vs. John Hancock Mutual Life Insurance Company, 8. GOOD HEALTH PROVISIONSUBSTANDARD RISK: Green vs. Acacia Mutual Life Insurance Company, 9. INSURANCE TRUSTTESTAMENTARY DISPOSITION: Gordon v. Portland Trust Bank, 10. MISREPRESENTATION AS TO INSANITYINCONTESTABLE CLAUSE: Arnold vs. Life Insurance Company of Georgia, 11. ACCIDENT INSURANCEBURNING OF BUILDING: Pacific Mutual Life Insurance Company vs. Walt

Description: This discussion examines the following questions: Do current immediate annuity rates reflect present conditions as to mortality, interest, and expense? To what extent do statutory reserves that exceed gross premiums less expenses represent a serious problem? What is being done in the way of using generation type annuity rates for settlement options?

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss the shift in interest in the market place from accumulation to income, i.e. payout annuities. Marketing opportunities and product designs are discussed.

Description: The Individual Annuity Experience Committee of the Society of Actuaries has completed an experience study of individual annuities covering the calendar years 2000 - 2004. The intest of this study was to provide recent annuitant mortality experience which can be compared to the Annuity 2000 Mortality Table, and provide a basis for a possible revision to that table. These are 2 Pivot table data for that experience study. One is for all companies combined and the other is for 10 common companies. Please see the SOA website experience studies for the complete report.

Description: Increasing life spans and fluctuations in the equity markets have raised awareness of the potential of outliving one's income. This presentation from Session 30 of the SOA June 2004 San Antonio Spring Meeting discusses single premium immediate annuities as one solution to this growing issue. From the Record of the Society of Actuaries, Volume 30, No. 2.