Description: The Society of Actuaries and Financial Finesse are creating a series of briefs focused on retirement literacy issues.

Description: This report examines the impact on risk scores in risk adjustment models when there are timing differences for model updates and risk factor mappings.

Description: Appendix C to SOA Research Report: Models for Retirement Policy Analysis. The description and evaluation of each model in this report includes an assessment of its suitability to address several specific policy issues. This appendix describes the illustrative policy issues selected for this assessment.

Description: We devise an approach, using tobit models for modeling annuity lapse rates. The approach is based on data provided by the Society of Actuaries’ Risk Management Task Force. Kim [2005a] models annuity lapse rates using a logit model and the same US data (he also used Korean data separately). We find that the tobit model is a more than suitable approach for all levels of the explanatory variables including interest rates, unemployment rates, and GDP growth rates. Specifically, policyholder behavior in the tail of the distribution of lapse rates is explained as well as it is in the normal range of lapse rates.

Description: This research report analyzes approaches for the required discount rate to determine adequate funding for DB pension plans.

Description: This is the second report in a series on the current state and future opportunity of the retirement market in China. In this report, edition two of the series, you will see results stratified according to city tier and location landscape. Also included in this edition is a description of the differences in retirement age between men and women, and those from different educational backgrounds. This is the Simple Chinese translated version of the report.

Description: Research report sponsored by SOA to model and compare projected costs of different proposals for a Medicare prescription drug coverage plan. 3 types of costs are studied: net benefit cost estimates per member per month, continuance table data, and projected annual costs to the government over 10 years for two selected plan designs.

Description: A research report that examines modeling of cash flow associated within a pool of mortgages and specifically focusing on the effectiveness of infusing a limited amount of capital into the pool.

Description: Email discussion that took place prior to the Housing in Retirement Round Table.

Description: Transcript of a round table discussion on Housing in Retirement.