Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation memo for the 2015 Generally Recognized Expense Table (GRET) for use with individual life insurance sales illustrations. The recommendation is currently being exposed for comments by the NAIC.

Description: This paper evaluates a number of hybrid pension plans, including hybrid plans used to provide social security benefits in some countries. The paper provides an overview of types of hybrid plans provided around the world.

Description: Statistics about the MLB players' pension plan funded status

Description: Statistics about the National Basketball Association Players’ Pension Plan and its funded status.

Description: Initiated by the Financial Reporting Section, this paper explores rising interest rates. Following this path, the paper will look at implications of interest rate changes for the life insurance industry, current stress testing practices, and how a risk manager can proactively prepare for an uncertain future. A paper published in 2014 focused on why rates could stay low, and some aspects of this paper are similar (e.g., description of insurance products). This paper also uses a sample model office to help practitioners look at their own exposures. It includes typical interest-sensitive insurance products and how they might perform across various scenarios, as well as a survey to establish current practices for how insurers are testing interest rate risk currently.

Description: This report presents a framework that could be used by employers and employees to assess defined contribution retirement plan benefits.

Description: This is a brief on a publication intended to serve as an in-depth primer on economic scenario generators.

Description: THE SIGHTLINES PROJECT investigates how well Americans are doing in eachof these three areas that are critical to wellbeing as people age: financial security, healthy living and social engagement. The findings are based on analyses of eight nationally representative, high quality, multi-year studies involving more than 1.2 million Americans over two decades. We look at how many Americans in each of six age groups are doing well in each area, rather than how well the “average” American is doing.

Description: This paper attempts to fill the gap in literature by empirically assessing the adequacy of the supply of bonds, quantifying the price impact, gauging the actuarial cost, and proposing appropriate government policy measures.

Description: This is a final report for a research project to create reference material that addresses the methods and techniques for quantifying margins for uncertainty in actuarial assumptions under a Principle-based statutory accounting framework.