Description: As part of its work, the PBITT Working Group issued its seventh survey to gather the range of assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.

Description: This research report introduces Delta Boosting as a new member of the boosting family.

Description: This paper discusses some key challenges of embedding guarantees in DC plans, including setting an appropriate guarantee level, designing effective cost funding and risk management strategies, and fair treatment of plan participants with different investment strategies.

Description: This web page, provided by the Society of Actuaries Pension Section Research Committee, contains links to a 2004 introductory report and a full report regarding the impact of mortality projection scales on defined benefit pension plan valuations. The study that led to these reports was initiated to provide quantitative information illustrating the impact of reflecting mortality improvement using a 'Generational Approach' in actuarial valuations of defined benefit pension plans versus traditional methods. The full report was written by David Kays of ACUFF Associates. Accompanying the full report is an introductory report authored by Marilyn Oliver, who chaired the Project Oversight Group for this effort. The introductory report provides an overview on the work and summarizes the issues explored in the full report. It is suggested that the reader review the introductory report first for an overall perspective on the extensive details found in the full report.

Description: This study explores whether public pension plans have contributed enough to reduce unfunded liabilities, absent other influences such as investment returns.

Description: The popular press plays an important role in public perception regarding automated vehicles. In contrast to the excitement generated two to three years ago, we are now in a period of “reverse hype” with most articles focused on the slow pace of development and concerns regarding possible negative impacts on traffic congestion and growth of suburbs. To help describe current trends and highlight differences between the cars we see on the street today and driverless vehicles, this report relies on three market-related definitions; safe, self-driving and driverless.

Description: Report summarizing the results of the 2019 PBITT UL with Secondary Guarantees Survey.

Description: A research report describing aspects of provider network performance in health care settings with particular focus on experiences with Exchanges.

Description: This report examines historical U.S. motor vehicle accident mortality experience by age, gender, region, and other factors.

Description: This paper demonstrates an approach of modeling experience, and then interpreting the model and residual errors.