Description: Estimation of hazard rates at extremely old ages poses serious challenges to researchers: 1 The observed mortality deceleration may be at least partially an artifact of mixing different birth cohorts with different mortality heterogeneity effect 2 Standard assumptions of hazard rate estimates may be invalid when risk of death is extremely high at old ages 3 Ages of very old people may be exaggerated. In this paper we propose an alternative approach, which gives an opportunity to resolve the first two problems by compiling data for more homogeneous single-year birth cohorts with hazard rates measured at narrow monthly age intervals. Possible ways of resolving the third problem of hazard rate estimation were elaborated.

Description: Transcript of General Session 1:Implications of Longer Life Spans: What Does This All Mean to Us?

Description: Paper examines some of the underlying issues associated with public pension plan benefits and financing. It reviews concerns related to intergenerational equity and problems in maintaining the funded status of public DB retirement plans.

Description: List of Figures. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: This paper aims to present a systematic procedure for valuing group self annuitization GSA payouts in the presence of changing mortality. Presented at Managing Retirement Assets Symposium

Description: Introduction to Actuarial Considerations in Insurance Mergers and Acquisitions, M-FI03-1.

Description: This paper models the extent of the tax dollars being lost by the government today because of Qualified Pension Plans and IRAs, and then goes on to project the extra revenue that will accrue to the government from these same pension plans when the baby boomers retire.

Description: Estimation of hazard rates at extremely old ages poses serious challenges to researchers: 1 The observed mortality deceleration may be at least partially an artifact of mixing different birth cohorts with different mortality heterogeneity effect 2 Standard assumptions of hazard rate estimates may be invalid when risk of death is extremely high at old ages 3 Ages of very old people may be exaggerated. In this paper we propose an alternative approach, which gives an opportunity to resolve the first two problems by compiling data for more homogeneous single-year birth cohorts with hazard rates measured at narrow monthly age intervals. Possible ways of resolving the third problem of hazard rate estimation were elaborated.

Description: Discussion of Session 5B: Papers presented: Data Validation and Measurement of Cohort Mortality among Centenarians in Quebec and Physical and Socioeconomic Characteristics at a Young Age as Predictors of Survival

Description: This paper presents recent trends in obesity prevalence in significant population segments, including overall effects by age, gender and certain racial and ethnic groups, and discusses the ways in which obesity can influence mortality in each of these segments. It provides a synthesis of reported mortality experience relating to these behaviors by risk factors and diseases that will affect any mortality projection.