CIA Social Security Panel

 
What does the future hold for life expectancy? During the Society of Actuaries’ Living to 100 Symposium in Orlando from January 8–10, prominent actuaries from Canada, the U.S., and the UK will examine mortality projections from a social security perspective.

Jean-Claude Ménard (pictured), chief actuary of the Office of Superintendent of Financial Institutions, will discuss the development of mortality estimates used in Canada Pension Plan projections. Stephen Goss, chief actuary of the Social Security administration, will provide an update on mortality projections and related issues with respect to the U.S. Social Security program. Adrian Gallop of the Government Actuary’s Department in the UK, responsible for pensions policy, demography, and statistics, will talk about past, present, and future trends of UK mortality.

Mortality is a fundamental and vitally important element in the development of projections of the finances of social security programs around the world. These actuaries will discuss some of the key factors and issues associated with these projections. Improving mortality has, and will continue to have, a significant impact on the affordability and importance of income through retirement in these countries.

The issues that will be discussed throughout the symposium include: will historical mortality improvement trends continue in light of the increasing number of those who are obese or have Alzheimer’s; and what will be the financial impact to society of the growing number of elderly people, and what challenges and opportunities will result?

The fifth in a series, this international symposium is expected to be the best yet. It will have more featured speakers and networking opportunities than ever before, plus panel discussions on the implications of aging and the applications of mortality modelling.

To register and for more information about this research initiative, see http://livingto100.soa.org/symposium.aspx


Canadian Institute of Actuaries/Institut canadien des actuaires
http://www.cia-ica.ca/