Description: The Revenue Act of 1987 amended section 807d2B of the Internal Revenue Code. It established the interest rate used in the calculation of tax reserves to be the greater of the applicable federal interest rate or the prevailing maximum statutory valuation rate for the contract’s calendar year of issue. The amendment is effective for contracts issued in tax years beginning after December 31, 1987. This document shows all the applicable federal interest rates from 1998 - 2009.

Description: DAC unlocking example spreadsheet from the Product Tax Seminar.

Description: This is an Excel workbook containing links to papers, articles and newsletters which are useful to the study of the principles of finance and their application to pension plans. Topics include accounting, assumptions/methods, actuarial standards, behavioral economics, design, financial economics, full funding, immunization, investments, minimum funding, market value, pension finance, PBGC, risk, and traditional defined benefit view. For each document listed in the workbook, its abstract or a short synopsis is also included to help the user choose appropriate readings.

Description: The Group Life Insurance Experience Committee of the Society of Actuaries has completed the 2005 Group Term Life Waiver Reserve Table Report. There were several compelling reasons to develop a new experience study and table, not the least of which was that 35 years is a long interval for any study.

Description: 2010 SOA Expense study worksheet universal life

Description: This health company Pandemic modeling tool can be used by companies and individual health plans to evaluate and manage their potential exposures during a specific pandemic and to project their case distribution, risk class and cost.

Description: The Committee on Life Insurance Company Expenses is currently seeking life insurance company data submissions to the 2008 Individual Life and Annuity Expense Study. This is the data submission form. Please see the SOA website experience studies for the completed report.

Description: Authored by a MIB Solutions team of Tom Rhodes, Stuart Klugman, Marianne Purushotham and Stacy Gill, the report summarizes the results of a study on the application and adoption of credibility theory within the life insurance and annuity industry. In addition to the report, numerical examples related to the application of credibility to company mortality and lapse data are provided in the four Excel files. This excel spreadsheet is a numerical example relating to the application of Credibility for mortality - Limited Fluctuation Method. Please see the SOA website research section for the full report on Credibity Theory Practices.

Description: The Society of Actuaries Group Annuity Experience Committee has completed this report which presents the 2001-2002 calendar-year experience of retired individuals in the United States who are covered under group pension contracts. For the first time, the committee has presented the results in pivot table format. This is that pivot table of the 2001–02 Group Annuity Experience Report. Please see the SOA website experience studies for the full report.