by meep
People who have been reading me for a long time know that I like to keep a record on the Actuarial Outpost, but that site’s nameservers seem to have gotten hijacked by a domain-squatting operation.
I know one workaround: go directly to their IP address of 204.232.242.165. I...
by meep
Yes, this is going to get quite technical as I go down farther in this post, but I will start with a piece somebody forwarded to me, which explains the issue in words. I think many people are more comfortable thinking in words than numbers, though that is not necessarily...
by meep
Five years ago, I had run a series of posts on basic concepts that are key in valuing public pension promises.
I want to re-run a few of these over the next few Fridays, with data updates where applicable, and some editing.
by meep
Meep looks at one of the most-used COVID-19 models for projections in the U.S. Models can have a lot of uncertainty in them, and these certainly do. The point of the models are as tools to look at potential results.
by meep
Well, are you in Hubei province right now?
You should look at this map, and think about the numbers. I will link far more stories at the end of the post, but I want to make a specific point to discuss up here.
Yes, it sounds like this coronavirus is pretty...
by meep
Back in July 2018, the Actuarial Standards Board had a draft revision of ASOP 4. I will quote a few of my old comments, in a moment.
A quick reminder: Actuarial Standard of Practice 4 is currently titled “Measuring Pension Obligations and Determining Pension Plan Costs or Contributions”,...
by meep
Just an FYI — for the holidays, I’m going through my posts-in-draft and see what I can easily finish up.
Thanks to a reader who provided me a link to this presentation on DROP benefits.
Because it’s funny… if you like your humor very dark.
(and I do).
by meep
As noted in my prior post, I am walking through aspects of the paper co-written with W. Gordon Hamlin, Jr. As I am not a lawyer, I’m not going to talk much about the legal aspects, though that is the key new idea in the paper itself. Section 3 of... by meep
Via John Bury, I found out the Office of the Actuary of New York City is making a documentary about their chief actuaries (that’s fairly benign), but they’ve been highlighting Jonathan Schwartz (chief actuary of NYC, 1974-1986) in a few tweets. Before I get to the tweets, let me... by meep
The timing of the Spanish Flu pandemic in the U.S. is that it originated in a U.S. Army training camp in the spring of 1918… but that wave wasn’t too harsh… then the men went over to Europe. In September 1918, as the allied powers were winning, and some soldiers were...Causes of Public Plan Insolvency: On Public Pension Valuation
Actuarial History... Which is Not Really History
Memory Monday: September/October 1918 - the Spanish Flu Arrives in the U.S.
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