Description: A discussion of the role and responsibilities of actuaries beyond crunching numbers

Description: As the search continues for a solution to the U.S. Social Security system’s financing problems, the U.S. Congress is considering raising the normal retirement age for U.S. workers. The House Ways and Means Social Security Subcommittee heard testimony on Feb. 26, 1998 from Christopher Bone, chief actuary, Actuarial Sciences Associates, Somerset, N.J., Ron Gebhardtsbauer, senior pension fellow, American Academy of Actuaries, and Robert Myers, former chief actuary of the U.S. Social Security Administration and professor emeritus, Temple University. All discussed the impact of a higher normal retirement age. This article summarizes the testimony of these three actuaries.

Description: Recent testimony on Social Security was given to the U.S. Senate Special Committee on Aging by David Langer, who defended the current system and strongly opposed recent moves to privatize. This article summarizes Mr. Langer's testimony.

Description: This presentation is an open forum from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The focus from the panelists is on emerging trends and issues as they relate to the current market environment, discussing new products on the horizon, including market-value adjusted products, income products, and variable products, the importance of due diligence, and in-force annuity management. The panelists emphasize the importance of the public’s perception of and confidence in the insurance industry. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: Presented at May 1985 Spring Meeting. This session debates the following resolution - resolved: the actuary should be required to express an opinion in life insurance company statements regarding the valuation adequacy of projected future cash flows.

Description: Presented at May 1986 Spring Meeting. This session discussion is about redetermination of 'Non-Guaranteed Pricing Elements Recommendations', actuarial responsibilities to the various publics relative to nonguaranteed pricing functions and brief status report on Interim Actuarial Standards Board 'IASB' including how this Committee's Exposure Draft affects the IASB.

Description: Linda M. Springer, FSA, MAAA, spent more than 25 years in the financial services industry in executive positions responsible for general and financial management and strategic operational planning. Springer is now the eighth director of the United States Office of Personal Management. In this interview, she discusses government life, on–the–job challenges and how her actuarial background has helped her progress in her career.

Description: Article from The Actuary regarding the medical malpractice crisis. could a macro system be the answer to a reduction in medical malpractice costs? Information in this article points in that direction.

Description: Panel discussion of national, state, and provincial developments in health care policy and regulation. Presented at the 1975 annual meeting.