Description: This article provides a short history of the correction procedures previously developed to address compliance failures and the shortcomings of those procedures under sections 101f and 7702, laying the foundation for a sea change in the correction process.

Description: This article discusses tax rates used in computing toll charges for closing agreements with respect to corrections under IRS section 7702.

Description: A discussion of the effective dates and statutory reserves cap for variable annuities under Actuarial Guideline 43.

Description: This SOA report identifies methodologies currently in use by life insurers as well as potential new strategies to manage balance sheet and income volatility risk associated with fair value and related accounting

Description: The purpose of the study was to provide quantitative information illustrating the impact of reflecting mortality improvement using a 'Generational Approach' in the actuarial valuations of defined benefit pension plans.

Description: Form to collect a company’s preferred class structure information for 2005-2007 life insurance experience study

Description: The Society of Actuaries' Committee on Life Insurance Research, Product Development Section and Reinsurance Section are pleased to make the following report available. Authored by Allen Klein and Karen Rudolph of Milliman, this paper presents the results of research that identifies laboratory tests that are not widely used in the life insurance industry but could have potential benefits for use in the life insurance underwriting process. In addition, the authors have provided an Excel workbook illustrating the calculation for determining mortality savings.

Description: The American Academy of Actuaries and the Society of Actuaries (SOA) have joined resources to manage the economic scenario generators used in regulatory reserve and capital calculations.

Description: This paper examines demographic characteristics of people over the age of 100 in Spain and how this has changed over time.

Description: In this paper we present a large-scale study of the Medicare Part B mortality experience over the entire decade of the 1990's based on the Social Security Administration's Master Beneficiary Record, and featuring an extensive effort to edit the microdata, particularly by comparison with other data files.