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Report on results of the continuous investigation of the mortality experience of life annuitants, 1921–1925

Published online by Cambridge University Press:  18 August 2016

W. Palin Elderton  and
H. J. P. Oakley
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Extract

The methods adopted for collecting and tabulating the annuity experience for the five years 1921-1925 carry out the arrangement that was accepted by the Committee at the time when the permanent investigation was set up. Members of the Committee who were not Members of the Committee when the decision was reached will appreciate that the method adopted is a census method and not a policy year or calendar year method of the type ordinarily used in the past for investigating mortality experience, e.g., such as was used in the OM experience (see however Appendix).

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 59 , Issue 3 , November 1928 , pp. 387 - 398
Copyright
Copyright © Institute and Faculty of Actuaries 1928

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References

page 389 note * J.I A., vol. lv, p 176. Mr. Fraser suggests the simple rule of setting back ages one-tenth of a year for each calendar year after 1925.