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Widows' Funds: the Valuation of a Widow's Annuity

Published online by Cambridge University Press:  07 November 2014

Vyvyan Marr
Affiliation:
Edinburgh Life Assurance Company, Secretary of the Faculty of Actuaries
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Extract

The Liabilities of a Widows' Fund in respect of Annuities to Widows of members may, for the purpose of actuarial valuation, be divided into two classes:—First, the liability relating to annuities which are actually payable to the widows of former members; and Second, that for annuities which may become payable on the deaths of existing members.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1905

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