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Pension Mathematics with Numerical Illustrations
A text that quantifies and provides new or improved actuarial notation for long recognized pension cost concepts and procedures and, in certain areas, develops new insights and techniques. With the exception of the first few chapters, the text is a virtual rewrite of the first edition of 1977. Among the major additions are chapters on statutory funding requirements, pension accounting, funding policy analysis, asset allocation, and retiree health benefits.
Continuing Care Retirement Communities
Here is the first detailed study of the economic, social, and administrative implications for the establishment of continuing care retirement communities (CCRCs). Leaders in the field of optional living arrangements for the elderly examine models of continuing care retirement communities throughout the United States. A wide range of sometimes conflicting views are vigorously discussed--by proponents of continuing care communities as well as by representatives from states that do not allow the existence of such institutions. Other intensely debated topics include existing and recommended financial and legal regulations of the industry; legal, financial, and ethical implications of continuing care communities; and a sociohistorical overview of the concept of continuing care.
Actuarial Aspects of Individual Life insurance and Annuity Contracts, 3rd Edition
Actuarial Aspects of Individual Life Insurance and Annuity Contracts provides a comprehensive overview of the features and financial aspects of traditional, indexed, and variable products and their related rider benefits. Product development, pricing, financial reporting methods, and regulatory requirements are addressed for all products, including those with derivative-based guarantees. This provides an introduction to actuarial techniques and the relationships among various financial values for the student and provides a comprehensive summary of current practices on more recent products for the experienced actuary. Spreadsheets are available on the ACTEX website to demonstrate profit testing alternatives.
Personnel Literature
None
Pensions, Economics, and Public Policy
From the Pension Research Council of the Wharton School
Aging and the Law
A collection of 47 portions of essays, articles, and books addressing many of the social, political, and legal problems occasioned by having an increasing number of older Americans. First defines and explores the emerging field of elder law, then looks at such dimensions as work, income, and wealth; housing; mental capacity; health care decision making; long-term care; health care finance; family and social issues; abuse, neglect, victimization, and elderly criminals; and legal representation and ethical considerations. Annotation copyrighted by Book News, Inc., Portland, OR
