Description: The prospects of longer retirement durations driven by the continued improvement in mortality, changes in social insurance “normal” retirement ages, and/or socio-economic factors, have made several decisions about retirement more important.

Description: This article predicts the gap between the full U.K. Basic State Pension [BSP] and household expenditure in 2056 for a range of different dynamic inflation [Consumer Price Index, or CPI] predictions. The best and worst case scenario and the average surplus and deficit are detailed and analyzed in order to determine whether the BSP is sufficient to cover the expenditures for a state pension dependent single person and married couple.

Description: This is a collection of essays on this topic published by the Society of Actuaries Research Institute in 2024 which discusses the risks emerging from artificial intelligence (AI) widespread use, including short-term risks like privacy erosion and economic disruption, as well as long-term risks like existential threats and biased decision-making.

Description: Critical factors to consider as we age include where we live, who we interact with, how we get the help and support we need when we need it, and how our health care is organized and delivered. Underlying this is how we finance the cost of specialized housing, care and support. Some communities are age-friendly where we can obtain supportive services, others are not. Some people choose to live in senior housing which integrates support services, others choose to live in the community among people of all ages. Some health care systems are well designed to meet the needs of older people, others are not. The cost of living for older adults, considering all of these factors, varies by community. Explore more about the perspective of older adults, how communities have structured to meet their needs, and how society as a whole is becoming aware of and addressing a growing aging population.

Description: In this introductory session, we set the stage for the Symposium’s entire ElderTech track. We’ve seen increasing technology adaptation by the elderly in many areas of their lives, including socializing, health care, mobility, home monitoring, insurance, investing and financial planning. Panelists will provide an overview of the current state of ElderTech and how they believe it will evolve in the short and long term. Panelists will also discuss the problems ElderTech is trying to solve, consumer pain points and why ElderTech has become so important recently.

Description: As we entered 2014, actuaries became familiar with three risk stabilizing mechanisms in the early years of the ACA marketplaces, colloquially known as 'the 3Rs'. As we enter 2024, there is renewed focus on rating compliance and risk adjustment. Speakers will highlight pricing considerations when determining cost-sharing reduction premium loads as well as related issues pertaining to risk adjustment and metal tier pricing.

Description: Panelists from the home-based care industry will discuss the latest technology and services that enable and prolong the receipt of formal and informal care at home for the elderly and delay transitions to care facilities.

Description: General Session VI

Description: Created in November 2020, Actuaires du Monde (Actuaries of the World in English) is a non-profit organization registered in France.

Description: News about appointment of new commissioner of Social Security and movement on confirmation of public trustees.