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Widow's Annuity Option in Connection with Staff Pension Funds

Published online by Cambridge University Press:  07 November 2014

A. R. Reid  and
D. W. A. Donald
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Transactions of the Faculty of Actuaries , Volume 18 , 1948 , pp. 344 - 354
Copyright
Copyright © Institute and Faculty of Actuaries 1948

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References

page 344 note * Whatever may be required by any particular Fund as regards evidence of good health preliminary to this option being exercised, there is a certain safeguard in the use of ultimate mortality for the employee, and the analysis in this Note consequently uses ultimate mortality throughout. In certain circumstances, of course, select mortality might be preferred.