Observations on Input and Output Smoothing Methods: How do they affect the funding of defined benefit plans?
Following the release of our first Rapid Retirement Research report, The Rising Tide of Pension Contributions, the SOA decided to begin an investigation of ways to address the volatility of statutoryRead MoreLeave a Comment
Actuary Chris Bone provides updates on the SOA’s longevity initiative; responds to New York Times op-ed about Social Security
The science of longevity projection is rapidly changing and debate about the implications of these changes is increasingly entering the public arena. Many of you may have seen the op-ed piece in the SRead MoreLeave a Comment
by Bradley M. Smith, 2011-12 SOA President Last week the SOA Board voted to begin offering an exam track in general (property-casualty) insurance in 2013. This move will help fulfill the SOA’s sRead MoreView Comments (5)
By Bradley M. Smith, FSA, MAAA Depending upon your point of view, the actuarial profession is either “blessed” or "burdened” as the country faces societal problems that have substantial actuarial components. These issues include the funding and potential reform of Social Security, Medicare, and healthcare, and the underfunding of public pension plans. (more...)Read MoreView Comments (13)
Ben Wolzenski offers an overview of the SOA's 2011 Annual Meeting.Read MoreLeave a Comment
by Lisamarie Lukas, SOA Director of Communications As you may have read in the December/January issue of The Actuary, our University Outreach program continues to grow and has proven to be a valuable way for us to connect with future members of the profession. What we’ve learned is that students really appreciate the opportunity to talk with practicing actuaries – and as a result, we always take at least one featured actuary along with us on our visits. Hearing from one or two actuaries is great, but we want to be able to provide aRead MoreView Comments (3)