Description: Provides background about Prescription Drug Plans, PDPs, and the standard benefit package offered under Medicare Part D. It also provides a basic overview of the bid-development process for a PDP and summarizes some general strategies and observations used in developing the 2006 bids that will likely be used for 2007.

Description: This is a review of 'Restructuring Retirement Risks,' a collection of papers that examines retirement risks, edited by David Blitzstein, Olivia Mitchell, and Stephen Utkus. The papers, which are a must–read for serious students of retirement systems and a good introduction for those not as familiar with the issues, explore the stresses being placed on those systems and ever–increasing uncertainty as Baby Boomers begin to move into retirement.

Description: Part 2 of a six-part series on the evolution of risk management continues with this article on dynamic financial analysis.

Description: The author notes a concern for broad risk management in our society, which he names Societal Risk Management, as witnessed by the creation of the department of homeland security and suggests how actuarial expertise can help.

Description: This article discusses Life-Cycle Saving and Investing for retirement. The article reviews how actuaries can add to the discussion of what is wanted and needed in retirement and how traditional replacement ratios can be linked with consumption targets.

Description: Feature article that spotlights the SOA’s Actuarial Marketplace Solutions and Research departments.

Description: Provides background on the Brazilian insurance authority's ban of the group life rider benefit for Total and Permanent Disability due to illness, TPD. Then discusses alternative benefits that could be offered as replacements.

Description: The article describes Carol Proffer's career as an actuary beginning in an insurance company to her role in investment consulting where she helps general partners raise private equity, venture capital and real estate funds.

Description: Summarizes the Medicare Prescription Drug, Improvement and Modernization Act of 2003, MMA. Focuses on changes to the Medicare Advantage, MA, program and the market reaction to date.

Description: This article updates the reader on the activities of the recently formed International Committee of the Joint Risk Management Section. With global webinars and more activities, this committee is ensuring the risk management word is spread throughout the world.