Effectively Tackling Reinsurance Problems by Using Evolutionary and Swarm Intelligence Algorithms

Directory of Open Access Journals (Sweden)

Sancho Salcedo-Sanz

2014-04-01

Full Text Available This paper is focused on solving different hard optimization problems that arise in the field of insurance and, more specifically, in reinsurance problems. In this area, the complexity of the models and assumptions considered in the definition of the reinsurance rules and conditions produces hard black-box optimization problems (problems in which the objective function does not have an algebraic expression, but it is the output of a system (usually a computer program, which must be solved in order to obtain the optimal output of the reinsurance. The application of traditional optimization approaches is not possible in this kind of mathematical problem, so new computational paradigms must be applied to solve these problems. In this paper, we show the performance of two evolutionary and swarm intelligence techniques (evolutionary programming and particle swarm optimization. We provide an analysis in three black-box optimization problems in reinsurance, where the proposed approaches exhibit an excellent behavior, finding the optimal solution within a fraction of the computational cost used by inspection or enumeration methods.

77 FR 4564 - Request for Information Regarding the Reinsurance Program Under the Affordable Care Act

Science.gov (United States)

2012-01-30

...? 12. What COIs could arise for such potential subcontractors? Data Collection 13. Describe current... comments in the CMS drop slots located in the main lobby of the building. A stamp- in clock is available... reinsurance program. Section 1321(c)(1) of the Affordable Care Act directs the Secretary to take such actions...

Growth prospects for the Brazilian reinsurance market

Directory of Open Access Journals (Sweden)

Carlos Honorato Teixeira

2011-07-01

Full Text Available In 2008, resolution 168 of the National Council of Private Insurance (CNSP allowed international reinsurers to request authorization to operate in Brazil from the Superintendence of Private Insurance (SUSEP. This led to changes in the insurance and reinsurance markets. There is a lack of in-depth studies to evaluate the growth of the reinsurance market since its effective opening, taking into account macroeconomic factors and market reserve. This study aims to evaluate the size of the reinsurance market by examining: the main sectors of business that yield reinsurance, market concentration, share of GDP, and expectations for future growth. The main objective of this paper is to provide companies in the reinsurance segment with assistance in identifying the potential market, understanding its complexity: their main competitors, and possible operational niches. In addition, it provides new and existing reinsurers with an overview of difficulties in the market and the strategic positioning that the company must adopt in order to act more effectively within the industry. To achieve these goals, it analyzes the reinsurance market in detail, proposes methods or steps to take to define strategic positioning in the market, and offers a graphic "Performance vs. Importance Matrix." There is potential demand available to the insurance market which remains unmet. Despite the initial difficulties for companies operating in the sector, the market has demonstrated its potential for continued growth since its effective opening, which will ultimately attract reinsurers, making the market highly competitive.Key words: Reinsurance. Insurance. Growth Perspective.

42 CFR 423.2276 - Employer group retiree marketing.

Science.gov (United States)

2010-10-01

... 42 Public Health 3 2010-10-01 2010-10-01 false Employer group retiree marketing. 423.2276 Section 423.2276 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Part D Marketing Requirements § 423.2276 Employer group retiree...

Reinsurance: Substance, range and importance

OpenAIRE

Petrović-Tomić Nataša

2015-01-01

Reinsurance - at least in Serbian law - represents one of the institutes of Insurance Law of whom a little is known. It should not be surprising as the contract of reinsurance traditionally is not regulated in civil codes or laws on contract of insurance. Questionable are all features of the contract of reinsurance: from the definition through the essentialia negotii to the principle of utmost good faith. That is why the paper is structured so that firstly gives definition of contract of rein...

Distribution channels of insurance and reinsurance services

Directory of Open Access Journals (Sweden)

Njegomir Vladimir

2007-01-01

Full Text Available Insurance and reinsurance industry is famous for its traditionalism, that is uninventiveness and neglecting of marketing as business concept and function and by doing so, neglecting opportunities for optimal combination of different distribution channels. However, having in mind Drucker's thesis that only marketing and innovations produce results and that everything else are costs, that applies to all businesses including insurance and reinsurance companies, it is clear that they need to change their way of managing business. Keeping current and attracting new customers, by using optimal combination of marketing mix elements and within its scope by creating optimal mix of distribution channels, as business requirement and objective of insurance and reinsurance companies with strong marketing orientation that leads them to fulfillment of primary objective of their existence - making profit, is becoming specially emphasized with opening of domestic insurance and reinsurance market to foreign competitors with long history of gaining high level of customers' loyalty. Besides that, issues of successful distribution channels' management of insurance and reinsurance services are not treated holistically in domestic literature. Distribution channels of insurance and reinsurance services, as this study shows, are of critical importance for business success of insurance and reinsurance companies.

Reinsurance Market in Russia Requires a Restart

Directory of Open Access Journals (Sweden)

I. S. Voronin

2017-01-01

Full Text Available Purpose: main objective of this article is to analyze dynamics and structure of the reinsurance market in Russia. Market research is conducted to understand the main trends in Russian reinsurance during period of economic sanctions. As these sanctions, affect incoming and outgoing reinsurance, as well as the development of the industry in the whole country. To achieve this goal, the article needs to address the following objectives: conduct a comparative analysis of the dynamics of the reinsurance market; to identify the current structure of the reinsurance market in Russia; to evaluate the influence of the Russian national reinsurance company in the insurance market of the Russian Federation. Methods: this article is based on the Central Bank of Russia consolidated data on the insurance market. Results: in the period imposed against our country economic sanctions by Western countries, the topic of import substitution is relevant not only in the productive sectors of the economy and the financial markets. In particular, in the present period it is necessary to obtain additional capacity with the market of international capital loans and improve the domestic investment climate in the country. Current international practice shows that the development of any financial industry would be impossible without effective sharing of different kinds of risks and their maximum leveling. Conclusions and Relevance: analysis conducted in the article allows to identify current trends in the insurance market in Russia from both internal and external players perspectives. The data demonstrates the main problem areas of the reinsurance community in Russia and ways of solving them. In addition, the article makes predictions about the development of the reinsurance market in Russia with the imposition of a new player – the national reinsurance company. 

45 CFR 149.300 - General reimbursement rules.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false General reimbursement rules. 149.300 Section 149... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.300 General reimbursement rules. Reimbursement under this program is conditioned on provision of accurate information by the...

Retiree Health Insurance for Public School Employees: Does it Affect Retirement?

Science.gov (United States)

Fitzpatrick, Maria D.

2014-01-01

Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced “job-lock” in the private sector. I use the introduction of retiree health insurance for public school employees in combination with administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree health insurance for older workers allows employees to retire earlier. These behavioral changes have budgetary implications, likely making the programs self-financing rather than costly to taxpayers. PMID:25479889

45 CFR 149.315 - Reimbursement conditioned upon available funds.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Reimbursement conditioned upon available funds... TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.315 Reimbursement conditioned upon available funds. Notwithstanding a sponsor's compliance with...

Mean-variance Optimal Reinsurance-investment Strategy in Continuous Time

OpenAIRE

Daheng Peng; Fang Zhang

2017-01-01

In this paper, Lagrange method is used to solve the continuous-time mean-variance reinsurance-investment problem. Proportional reinsurance, multiple risky assets and risk-free asset are considered synthetically in the optimal strategy for insurers. By solving the backward stochastic differential equation for the Lagrange multiplier, we get the mean-variance optimal reinsurance-investment strategy and its effective frontier in explicit forms.

45 CFR 149.200 - Use of reimbursements.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Use of reimbursements. 149.200 Section 149.200 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Use of Reimbursements § 149.200 Use of reimbursements...

Mean-variance Optimal Reinsurance-investment Strategy in Continuous Time

Directory of Open Access Journals (Sweden)

Daheng Peng

2017-10-01

Full Text Available In this paper, Lagrange method is used to solve the continuous-time mean-variance reinsurance-investment problem. Proportional reinsurance, multiple risky assets and risk-free asset are considered synthetically in the optimal strategy for insurers. By solving the backward stochastic differential equation for the Lagrange multiplier, we get the mean-variance optimal reinsurance-investment strategy and its effective frontier in explicit forms.

Distribution channels of insurance and reinsurance services

OpenAIRE

Njegomir Vladimir

2007-01-01

Insurance and reinsurance industry is famous for its traditionalism, that is uninventiveness and neglecting of marketing as business concept and function and by doing so, neglecting opportunities for optimal combination of different distribution channels. However, having in mind Drucker's thesis that only marketing and innovations produce results and that everything else are costs, that applies to all businesses including insurance and reinsurance companies, it is clear that they need to chan...

Account-based retiree medical plans: what's good for your pension plan may be good for your retiree medical plan.

Science.gov (United States)

Ruschau, W J

2001-09-01

Many of the same forces that caused employers to gravitate toward account-based pension plans are beginning to spark similar changes in retiree medical plans. As medical costs continue to escalate, account-based retiree medical plans offer a new way to manage company outlays, while preserving an important benefit for retirees.

CRITERIA FOR SELECTION OF THE REINSURANCE COVERAGE FOR EXCESS OF LOSS TREATY

Directory of Open Access Journals (Sweden)

V. Veretnov

2014-03-01

Full Text Available Optimal reinsurance coverage, selected by the cedent, influenced by a number of internal, external, objective and subjective factors. Their accounting or ignoring depends on the individual conditions of the insurer, knowledge of the specific risk profiles of professional experience and decision-makers about the forms and methods of reinsurance coverage. Justified the selection criteria of reinsurance protection for the treaty excess of loss. Using these criteria makes it possible not only to optimize the reinsurance protection, but also to ensure a balance of interests in the long-term relationship of the cedent company and the reinsurer. The article also provides examples of how classes of insurance is advisable to use the obligatory contract portfolio sexcess of loss.

Optimal Investment and Reinsurance for Insurers with Uncertain Time-Horizon

Directory of Open Access Journals (Sweden)

Ailing Gu

2014-01-01

state hits the barrier. The objective of the insurer is to maximize the expected discounted exponential utility of her terminal wealth. By dynamic programming approach and Feynman-Kac representation theorem, we derive the expressions for optimal value functions and optimal investment-reinsurance strategies in two special cases. Furthermore, an example is considered under the diffusion-approximation model, which shows some interesting results.

Wellness for Older Workers and Retirees. WBGH Worksite Wellness Series.

Science.gov (United States)

Levin, Robert C.

Company-sponsored wellness programs are particularly important for older employees inasmuch as they are at greater risk of disease and disability than are their younger counterparts and their health care and health insurance costs are generally higher. As the cost of retirement benefits rises, wellness programs for retirees are becoming…

TRANSFER PRICES AND MARKET VALUE OF REINSURANCE TRANSACTIONS

Directory of Open Access Journals (Sweden)

Andreea - Lavinia CAZACU (NEAMȚU

2017-12-01

Full Text Available As a result of the increasingly sustainable economic and financial crisis, which is characterized by the diminishing of the sums due to the state budget, the interest of more and more countries, including Romania, for the legalization and control over the transfer prices increases. Transfer pricing is an activity involving the execution of client related actions for a specific financial product through multiple intermediaries and / or tax jurisdictions. These transfer prices are used in different industries and, in the last period, have been used, in particular, by reinsurance companies as a result of difficult economic conditions and increasing competitiveness. Under these circumstances, insurers need to be aware that they will carry out tax inspections whose role is to verify using the market value principle, the compliance of their prices with the affiliated reinsurers in order to avoid misuse of those prices, by exaggerating costs and artificially reducing potential profits. This study emphasizes that reinsurance contracts made by affiliated companies are not the issue, but the way in which transactions are carried out that do not accurately reflect the risks transferred, their costs and the respect of the market value principle. If they are not carefully controlled, these reinsurance companies have every reason to use transfer pricing to move the profit between tax jurisdictions with differentiated rates of taxation, thus minimizing total corporate tax.

Retirees' Social Identity and Satisfaction with Retirement

Science.gov (United States)

Michinov, Estelle; Fouquereau, Evelyne; Fernandez, Anne

2008-01-01

The purpose of this study was to examine the structure of retirees' social identity and its impact on satisfaction with retirement. From social identity theory formulations, we assumed that (1) retiree-identity was comprised of three distinct components (cognitive, evaluative, and affective), and (2) only the affective component would play a role…

Changes in retiree health benefits: results of a national survey.

Science.gov (United States)

de Lissovoy, G; Kasper, J D; Di Carlo, S; Gabel, J

1990-01-01

Employers are increasingly concerned by the cost of health benefits provided to retired workers. One reason is that the Financial Accounting Standards Board (FASB), the organization that establishes "generally accepted accounting principles," has proposed altering the way firms report expenditures for retiree medical coverage on financial statements. We recently completed a national survey of business firms offering retiree health benefits to address three issues: 1) What is the current structure of retiree health benefit plans? 2) What changes are firms planning to implement in the structure of their retiree health benefits? 3) To what extent are these changes due to the FASB proposal? The FASB reporting proposal is only one factor underlying these changes. More important is the real financial pressure on firms due to the accelerating cost of retiree health care.

Understanding Stress among Retirees of Higher Educational Institutions in Nigeria

Directory of Open Access Journals (Sweden)

N.S. Oguzor

2011-12-01

Full Text Available This study examines the effect of stress on retirees. The study also identifies the cause of stress and strategies for reducing stress on retirees. The population of the study comprised 4000 male and female retirees of a Nigerian institution of higher learning. The sample of the study was 400 selected from the institution using simple random sampling technique. A questionnaire was used for data collection. Data collected were analyzed applying frequency counts and mean statistic. Findings revealed that standing for a long time can cause stress for retirees. The finding of the study also revealed that non-payment of gratuity and pension can cause stress for retirees. The findings of the study further showed eight strategies for reducing stress. Based on the findings recommendations were made.

Semper Fidelis: Some Values of The Marine Retiree Group

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Virienia Puspita

2016-01-01

Full Text Available This research tried to reveal the group values of Marine retiree Depok, which has done by using symbolic convergence theory as the main theory. The aims of this research were to find and identify fantasy themes, rhetorical vision and group values of Marine retiree group in Depok. This study was based on a foundation of interpretative paradigm with qualitative research methods to find a fantasy theme that emerged in the group through the method of analysis of fantasy by Bormann. The results of the this study indicate the stories of Marine retiree in Depok are the bridge of experience of Marine retiree in the past with present time. Besides that, it is the formation of behavior in forms of values, culture and communication behavior of them. From the analysis theme shows that the group values of Marine retiree in Depok has manifested by universal's idealism value of Marines Semper Fidelis (loyalty, sacrifice, dedication, pride and self esteem. The group rhetorical visions are pride of the group, desire for being accepted and close to their group's identity. 

Decree N0 73-322 of 15 March 1973 concerning insurance and reinsurance of exceptional and nuclear risks by the Central Reinsurance Fund

International Nuclear Information System (INIS)

1973-01-01

This Decree provides that the Central Reinsurance Fund may cover, with the State guarantee, risks for which operators of nuclear ships and installations are liable and concerning which State intervention is provided for by legislation. These operations relate in particular to goods carried, nuclear installations and property on the site of such installations. The Decree sets up an Advisory Commission for the Central Reinsurance Fund regarding security for exceptional and nuclear risks and repeals a 1967 Decree on insurance of exceptional risks. (NEA) [fr

The Survivor Benefit Plan (SBP): Assessing Retirees' Cost Share

National Research Council Canada - National Science Library

DiPuccio, Andrew

1999-01-01

The Survivor Benefit Plan (SBP) was created to enable a surviving beneficiary of a retired military service member to continue to receive a portion of the retiree's retirement benefits upon the death of the retiree...

Approximations for stop-loss reinsurance premiums

NARCIS (Netherlands)

Reijnen, Rajko; Albers, Willem/Wim; Kallenberg, W.C.M.

2005-01-01

Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are

RISK CORRIDORS AND REINSURANCE IN HEALTH INSURANCE MARKETPLACES: Insurance for Insurers

OpenAIRE

LAYTON, TIMOTHY J.; MCGUIRE, THOMAS G.; SINAIKO, ANNA D.

2016-01-01

In order to encourage entry and lower prices, most regulated markets for health insurance include policies that seek to reduce the uncertainty faced by insurers. In addition to risk adjustment of premiums paid to plans, the Health Insurance Marketplaces established by the Affordable Care Act implement reinsurance and risk corridors. Reinsurance limits insurer costs associated with specific individuals, while risk corridors protect against aggregate losses. Both tighten the insurer's distribut...

Reinsurance and the Cost of Equity in the United Kingdom’s Non-Life Insurance Market

OpenAIRE

Upreti, Vineet

2014-01-01

The link between the cost of equity and reinsurance purchased by insurers is examined in this study. This work extends the research on the economic value implications of corporate risk management practices. Utilising a framework based on the theory of optimal capital structure, this study puts forward two hypotheses to test empirically the cost of equity – reinsurance relation in the United Kingdom’s non-life insurance market. The first hypothesis tests the effect of the decision to reinsure ...

Optimization of Surplus Reinsurance Treaty using the Conditional Tail Expectation

Directory of Open Access Journals (Sweden)

Abderrahim El Attar

2018-03-01

Full Text Available In this work, we propose a new optimization strategy for reinsurance using the genetic algorithms. This approach is to determine an optimal structure of a "surplus" reinsurance contract by finding the optimal cession rates through an optimization model which is based on the minimization of the Conditional Tail Expectation (CTE risk measure under the constraint of technical benefit. This approach can be seen as a decision support tool that can be used by managers to minimize the actuarial risk and maximize the technical benefit in the insurance company.

Part D employer retiree drug subsidy: inception, implementation and issues.

Science.gov (United States)

Costello, Ann

2010-01-01

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 provided a subsidy to employers that offered a retiree health prescription coverage benefit actuarially equivalent to Medicare Part D. This article reviews the development of the subsidy, the support by the federal government and the issues that have arisen. It also presents analysis of data from a set of companies that offered retiree health in 2006 and 2007. The data show widespread acceptance of the subsidy and continuance of prescription coverage; however, companies that did not take the subsidy were more likely to be smaller and in less robust financial health. Analysis of a subset of the companies shows the magnitude of the benefits paid yearly and the accounting liability caused by retiree health relative to the size of the subsidy. The author concludes that the potential success or failure of the federal subsidy in preserving retiree health benefits will not be known for years. Nevertheless, with the elimination of the deductibility of the subsidy in the Patient Protection and Affordable Care Act (PPACA), employers surely will reexamine their offer of prescription coverage to retirees.

Inflation experiences of retirees

NARCIS (Netherlands)

Kalwij, Adriaan; Alessie, Robertus; Gardner, Jonathan; Ali, Ashik Anwar

The inflation experience of people depends on their expenditure patterns and price developments. This paper identifies groups of retirees that have experienced relatively high price inflation over the last few decades and could thus be considered most vulnerable when income decreases, as has been

Factors affecting Japanese retirees' healthcare service utilisation in Malaysia: a qualitative study.

Science.gov (United States)

Kohno, Ayako; Nik Farid, Nik Daliana; Musa, Ghazali; Abdul Aziz, Norlaili; Nakayama, Takeo; Dahlui, Maznah

2016-03-22

While living overseas in another culture, retirees need to adapt to a new environment but often this causes difficulties, particularly among those elderly who require healthcare services. This study examines factors affecting healthcare service utilisation among Japanese retirees in Malaysia. We conducted 6 focus group discussions with Japanese retirees and interviewed 8 relevant medical services providers in-depth. Guided by the Andersen Healthcare Utilisation Model, we managed and analysed the data, using QSR NVivo 10 software and the directed content analysis method. We interviewed participants at Japan Clubs and their offices. 30 Japanese retirees who live in Kuala Lumpur and Ipoh, and 8 medical services providers. We identified health beliefs, medical symptoms and health insurance as the 3 most important themes, respectively, representing the 3 dimensions within the Andersen Healthcare Utilisation Model. Additionally, language barriers, voluntary health repatriation to Japan and psychological support were unique themes that influence healthcare service utilisation among Japanese retirees. The healthcare service utilisation among Japanese retirees in Malaysia could be partially explained by the Andersen Healthcare Utilisation Model, together with some factors that were unique findings to this study. Healthcare service utilisation among Japanese retirees in Malaysia could be improved by alleviating negative health beliefs through awareness programmes for Japanese retirees about the healthcare systems and cultural aspects of medical care in Malaysia. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

Issues in healthcare services in Malaysia as experienced by Japanese retirees.

Science.gov (United States)

Kohno, Ayako; Musa, Ghazali; Nik Farid, Nik Daliana; Abdul Aziz, Norlaili; Nakayama, Takeo; Dahlui, Maznah

2016-05-05

Worldwide, international retirement migration is growing in its popularity and Japanese retirees choose Malaysia as their most preferred destination. This study examines the pertinent issues related to healthcare services as experienced by Japanese retirees in this country. From January to March 2015, we conducted focus group discussions with 30 Japanese retirees who live in Kuala Lumpur and Ipoh. Guided by the social-ecological model, we discovered seven pertinent themes: 'language barriers','healthcare decisions', 'medical check-ups','healthcare insurance', 'nursing and palliative care', 'trust and distrust of healthcare services', and 'word-of-mouth information'. We identified seven pertinent issues related to healthcare services among Japanese retirees in Malaysia, of which four are especially important. These issues are explained as integrated themes within the social-ecological model. Language barriers prohibit them from having difficulty accessing to healthcare in Malaysia, but lack of will to improve their language skills exist among them. For that reason, they rely heavily on word-of-mouth information when seeking for healthcare. As a consequence, some develop feelings of trust and distrust of healthcare services. In addition, we have identified the needs for provide nursing and palliative care among Japanese retirees in Malaysia. Based on the magnitude of the discussion, we concluded that there are four crucial healthcare issues among Japanese retirees; 'language barriers', 'trust and distrust of healthcare services', 'word-of-mouth information' and 'nursing and palliative care'. We propose that further dialogue by healthcare stakeholders should be carried out to improve further the healthcare service provisions for Japanese retirees in Malaysia.

31 CFR 223.12 - Recognition as reinsurer.

Science.gov (United States)

2010-07-01

... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

Stochastic Cooperative Games in Insurance and Reinsurance

NARCIS (Netherlands)

Suijs, J.P.M.; De Waegenaere, A.M.B.; Borm, P.E.M.

1996-01-01

This paper shows how problems in `non life'-insurance and `non life'-reinsurance can be modelled simultaneously as cooperative games with stochastic payoffs.Pareto optimal allocations of the risks faced by the insurers and the insureds are determined.It is shown that the core of the corresponding

Retirement Syndrome Among Babol City Retirees

Directory of Open Access Journals (Sweden)

Shima Sum

2015-10-01

Full Text Available Objectives: Retirement impacts different dimensions of life such as physical, psychological, social, economic, and spiritual aspects. Since identification of the factors promoting or demoting health situation of retirees is important; this study aimed to determine the level of retirement syndrome in Babol retirees. Methods & Materials: This cross-sectional study was conducted on 205 retirees aged over 50 years. Data were gathered by a questionnaire consisting of 2 sections; Demographic characteristics and retirement syndromes. Retirement syndrome questionnaire consisted of 40 questions in 5-point scale (“never” to “always” in 4 dimensions of “helplessness and failure”, “older and idleness”, “trying and new directions”, and “conflict and confusion”. Data were analyzed by SPSS. The Pearson and Spearman tests were used to evaluate the within group variables. To analyze the data, the correlation coefficient test, t-test, and analysis of variance (ANOVA were performed. The significant level for all tests was set at 0.05. Results: About 53% of the participants were male and 47% female with an average (SD age 61.13(5.87 years. Means(SD scores of “helplessness and failure”, “older and idleness”, “trying and new directions”, and “conflict and confusion” were 2.08(0.52, 3.73(0.51, 3.47(0.65 and 2.49(0.56, respectively. There were a direct significant association between “feeling helplessness” and “conflict and confusion” (P<0.0001 and a reverse relationship between “older and idleness” and “trying and new directions” (P<0.0001. Conclusion: Findings of this research showed that retirees of Babol County partly suffer from retirement syndrome. Therefore, paying attention to them and promotion of the retirees’ situation seems necessary.

THE FEATURES OF THE WORLD REINSURANCE MARKET

Directory of Open Access Journals (Sweden)

E. Prokofjeva

2014-03-01

Full Text Available In the article the worldwide reinsurance market during the global recession and the main players of the market. Also analyzed key indicators and the most devastating losses for 2008-2012. Analyzed the amount of premiums received in the last five years, major re insurers in the world.

The Effects of Largest Claim and Excess of Loss Reinsurance on a Company’s Ruin Time and Valuation

Directory of Open Access Journals (Sweden)

Yuguang Fan

2017-01-01

Full Text Available We compare two types of reinsurance: excess of loss (EOL and largest claim reinsurance (LCR, each of which transfers the payment of part, or all, of one or more large claims from the primary insurance company (the cedant to a reinsurer. The primary insurer’s point of view is documented in terms of assessment of risk and payment of reinsurance premium. A utility indifference rationale based on the expected future dividend stream is used to value the company with and without reinsurance. Assuming the classical compound Poisson risk model with choices of claim size distributions (classified as heavy, medium and light-tailed cases, simulations are used to illustrate the impact of the EOL and LCR treaties on the company’s ruin probability, ruin time and value as determined by the dividend discounting model. We find that LCR is at least as effective as EOL in averting ruin in comparable finite time horizon settings. In instances where the ruin probability for LCR is smaller than for EOL, the dividend discount model shows that the cedant is able to pay a larger portion of the dividend for LCR reinsurance than for EOL while still maintaining company value. Both methods reduce risk considerably as compared with no reinsurance, in a variety of situations, as measured by the standard deviation of the company value. A further interesting finding is that heaviness of tails alone is not necessarily the decisive factor in the possible ruin of a company; small and moderate sized claims can also play a significant role in this.

Challenges estimating the return period of extreme floods for reinsurance applications

Science.gov (United States)

Raven, Emma; Busby, Kathryn; Liu, Ye

2013-04-01

Mapping and modelling extreme natural events is fundamental within the insurance and reinsurance industry for assessing risk. For example, insurers might use a 1 in 100-year flood hazard map to set the annual premium of a property, whilst a reinsurer might assess the national scale loss associated with the 1 in 200-year return period for capital and regulatory requirements. Using examples from a range of international flood projects, we focus on exploring how to define what the n-year flood looks like for predictive uses in re/insurance applications, whilst considering challenges posed by short historical flow records and the spatial and temporal complexities of flood. First, we shall explore the use of extreme value theory (EVT) statistics for extrapolating data beyond the range of observations in a marginal analysis. In particular, we discuss how to estimate the return period of historical flood events and explore the impact that a range of statistical decisions have on these estimates. Decisions include: (1) selecting which distribution type to apply (e.g. generalised Pareto distribution (GPD) vs. generalised extreme value distribution (GEV)); (2) if former, the choice of the threshold above which the GPD is fitted to the data; and (3) the necessity to perform a cluster analysis to group flow peaks to temporally represent individual flood events. Second, we summarise a specialised multivariate extreme value model, which combines the marginal analysis above with dependence modelling to generate industry standard event sets containing thousands of simulated, equi-probable floods across a region/country. These events represent the typical range of anticipated flooding across a region and can be used to estimate the largest or most widespread events that are expected to occur. Finally, we summarise how a reinsurance catastrophe model combines the event set with detailed flood hazard maps to estimate the financial cost of floods; both the full event set and also

Gender Issues In Well-Being Of Yoruba Retirees In Osun State ...

African Journals Online (AJOL)

The problem of well-being and non-utilisation of retirees in the socio-economic development of Nigeria generally, is mainly a result of dearth of indigenous research works, especially on gender issues. Retirees have always been assumed to be homogeneous, both in experiences and needs and recommendations from ...

Organizations' Ways of Employing Early Retirees: The Role of Age-Based HR Policies.

Science.gov (United States)

Oude Mulders, Jaap; Henkens, Kène; Schippers, Joop

2015-06-01

We examine whether from an organizational perspective it is possible to distinguish different ways of employing early retirees and explore how the employment of early retirees is related to the application of 4 age-based human resource (HR) policies, namely demotion, offering training opportunities to older workers, offering early retirement, and allowing flexible working hours. We perform a latent class analysis on a sample of 998 Dutch organizations in order to categorize them based on 3 dimensions of their employment of early retirees. We then run a multinomial logistic regression to relate the employment of early retirees to the 4 age-based HR policies. We distinguish 4 types of organizations based on their way of employing early retirees: nonusers (52.6%), users for mainly standard work (20.8%), users for mainly nonstandard work (9.8%), and users for standard and nonstandard work (16.7%). We find that organizations that apply demotion, offer early retirement, and allow flexible working hours are more likely to be users for mainly standard work. Also, organizations that do not offer early retirement are less likely to employ early retirees. Age-based HR policies, especially demotion, offering early retirement, and allowing flexible working hours, are conducive to the employment of early retirees for mainly standard work. Broader implementation of these policies may provide opportunities for older workers to make a more gradual transition from work to retirement. © The Author 2013. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

Using a 401(h) account to fund retiree health benefits from your pension plan.

Science.gov (United States)

Lee, David; Singerman, Eduardo

2003-06-01

If a health and welfare plan covering retirees faces financial shortfalls, administrators and trustees can fund retiree health benefit payments from a related pension plan that may be in better condition. This method is legal and ethical, but it requires sophisticated accounting techniques for creating an account that provides retiree members with promised benefits while meeting statutory and regulatory requirements.

Impacts of Pre-Retirement Guidance and Family Involvement on Retirement Adjustment of Retirees in Nigeria

Directory of Open Access Journals (Sweden)

O.O. Olatomide

2017-12-01

Full Text Available The study examined retirement adjustment of teacher-retirees in Osun State, and explored the interaction effects of pre-retirement guidance and family in-volvement on retirement adjustment. Exposit-facto design was used. The population comprised retirees from public, civil and private establishments from which 122 teacher-retirees were selected using a multi-stage sampling technique. An instrument: Family Involvement, Pre-retirement Guidance and Retirement Adjustment Questionnaire was used for data collection. Three research questions and three hypotheses guided the study. Data were analyzed using descriptive and inferential statistics. Results revealed that retirees in Osun State are not optimally adjusted, and positive significant interaction effect was found between family involvement and pre-retirement guidance on retirees adjustment, among others. Appropriate policy implications are outlined.

Worst-Case-Optimal Dynamic Reinsurance for Large Claims

DEFF Research Database (Denmark)

Korn, Ralf; Menkens, Olaf; Steffensen, Mogens

2012-01-01

We control the surplus process of a non-life insurance company by dynamic proportional reinsurance. The objective is to maximize expected (utility of the) surplus under the worst-case claim development. In the large claim case with a worst-case upper limit on claim numbers and claim sizes, we fin...

Retirees' motivational orientations and bridge employment: Testing the moderating role of gender.

Science.gov (United States)

Zhan, Yujie; Wang, Mo; Shi, Junqi

2015-09-01

Bridge employment refers to the labor force participation after people retire from career jobs. It is becoming a prevalent phenomenon for retirees transitioning from employment to complete work withdrawal. Building on existing literature on retirement transition and older adults' work motivation, the present study examined the effects of 3 motivational orientations (i.e., status striving, communion striving, and generativity striving) in relating to retirees' bridge employment participation (i.e., bridge employment status and bridge employment work hours). This study also applied the social gender role theory to examine the effect of gender in moderating the effects of motivational orientations. Data from 507 Chinese retirees in Beijing revealed that communion striving and generativity striving were positively related to bridge employment participation. Further, gender moderated the effect of status striving such that status striving was positively related to bridge employment participation for male retirees but not for female retirees. In addition, exploratory analysis was conducted to examine the effects of the same set of motivational orientations on postretirement volunteering activities. Results showed that status striving was negatively related to volunteering after retirement. The findings are discussed in terms of their theoretical implications for the bridge employment literature and practical implications for recruiting and retaining older workers. (c) 2015 APA, all rights reserved).

Volunteering, driving status, and mortality in U.S. retirees.

Science.gov (United States)

Lee, Sei J; Steinman, Michael A; Tan, Erwin J

2011-02-01

To evaluate how accounting for driving status altered the relationship between volunteering and mortality in U.S. retirees. Observational prospective cohort. Nationally representative sample from the Health and Retirement Study in 2000 and 2002 followed to 2006. Retirees aged 65 and older (N=6,408). Participants self-reported their volunteering, driving status, age, sex, race or ethnicity, presence of chronic conditions, geriatric syndromes, socioeconomic factors, functional limitations, and psychosocial factors. Death by December 31, 2006, was the outcome. For drivers, mortality in volunteers (9%) and nonvolunteers (12%) was similar; for limited or non-drivers, mortality for volunteers (15%) was markedly lower than for nonvolunteers (32%). Adjusted results showed that, for drivers, the volunteering-mortality odds ratio (OR) was 0.90 (95% confidence interval (CI)=0.66-1.22), whereas for limited or nondrivers, the OR was 0.62 (95% CI=0.49-0.78) (interaction P=.05). The effect of driving status was greater for rural participants, with greater differences between rural drivers and rural limited or nondrivers (interaction P=.02) and between urban drivers and urban limited or nondrivers (interaction P=.81). The influence of volunteering in decreasing mortality seems to be stronger in rural retirees who are limited or nondrivers. This may be because rural or nondriving retirees are more likely to be socially isolated and thus receive more benefit from the greater social integration from volunteering. © 2011, Copyright the Authors. Journal compilation © 2011, The American Geriatrics Society.

How Does Retiree Health Insurance Influence Public Sector Employee Saving?

OpenAIRE

Robert Clark; Olivia S. Mitchell

2013-01-01

Economic theory predicts that employer-provided retiree health insurance (RHI) benefits have a crowd-out effect on household wealth accumulation, not dissimilar to the effects reported elsewhere for employer pensions, Social Security, and Medicare. Nevertheless, we are unaware of any similar research on the impacts of retiree health insurance per se. Accordingly, the present paper utilizes a unique data file on respondents to the Health and Retirement Study, to explore how employer-provided r...

Tourists, Expatriates and International Retirees: An Empirical Evidence from Malaysia

OpenAIRE

Tan Chuie-Hong; Ho Sin-Ban

2014-01-01

Malaysia relies heavily on tourism industry to spur its economic growth. Parallel to the growth of tourists, Malaysia is also a popular destination for international retiree migration through the Malaysia My Second Home (MM2H) programme and expatriates. Hence this study attempts to investigate the relationship between tourists, expatriates and MM2H participants. The pull factors of Malaysia as a destination of tourism, expatriates and international retirees are prevalent, and could be further...

Issues of Language Choice, Ethics and Equity: Japanese Retirees Living in Malaysia as Their Second Home

Science.gov (United States)

Stapa, Siti Hamin; Musaev, Talaibek; Hieda, Natsue; Amzah, Normalis

2013-01-01

This paper will discuss two issues related to Japanese retirees adopting Malaysia as their second home. The first is that of the preferred language choice of the retirees. To collect data for language choice a self-report questionnaire was administered and an interview was conducted. The findings suggest that the majority of the retirees chose…

How does retiree health insurance influence public sector employee saving?

Science.gov (United States)

Clark, Robert L; Mitchell, Olivia S

2014-12-01

Economic theory predicts that employer-provided retiree health insurance (RHI) benefits have a crowd-out effect on household wealth accumulation, not dissimilar to the effects reported elsewhere for employer pensions, Social Security, and Medicare. Nevertheless, we are unaware of any similar research on the impacts of retiree health insurance per se. Accordingly, the present paper utilizes a unique data file on respondents to the Health and Retirement Study, to explore how employer-provided retiree health insurance may influence net household wealth among public sector employees, where retiree healthcare benefits are still quite prevalent. Key findings include the following: Most full-time public sector employees anticipate having employer-provided health insurance coverage in retirement, unlike most private sector workers.Public sector employees covered by RHI had substantially less wealth than similar private sector employees without RHI. In our data, Federal workers had about $82,000 (18%) less net wealth than private sector employees lacking RHI; state/local workers with RHI accumulated about $69,000 (or 15%) less net wealth than their uninsured private sector counterparts.After controlling on socioeconomic status and differences in pension coverage, net household wealth for Federal employees was $116,000 less than workers without RHI and the result is statistically significant; the state/local difference was not. Copyright © 2014 Elsevier B.V. All rights reserved.

Organizations' ways of employing early retirees: the role of age-based HR policies

NARCIS (Netherlands)

Oude Mulders, J.; Henkens, K.; Schippers, J.

2015-01-01

Purpose of the Study: We examine whether from an organizational perspective it is possible to distinguish different ways of employing early retirees and explore how the employment of early retirees is related to the application of 4 age-based human resource (HR) policies, namely demotion, offering

Organizations' Ways of Employing Early Retirees : The Role of Age-Based HR Policies

NARCIS (Netherlands)

Oude Mulders, Jaap; Henkens, Kène; Schippers, Joop

PURPOSE OF THE STUDY: We examine whether from an organizational perspective it is possible to distinguish different ways of employing early retirees and explore how the employment of early retirees is related to the application of 4 age-based human resource (HR) policies, namely demotion, offering

77 FR 12577 - Department of Defense (DoD) Medicare-Eligible Retiree Health Care Board of Actuaries; Federal...

Science.gov (United States)

2012-03-01

... Retiree Health Care Board of Actuaries; Federal Advisory Committee Meeting AGENCY: DoD. ACTION: Meeting... DoD Medicare-Eligible Retiree Health Care Board of Actuaries will take place. DATES: Friday, August 3... Contact: Persons desiring to attend the DoD Medicare- Eligible Retiree Health Care Board of Actuaries...

The role of retiree health insurance in the early retirement of public sector employees.

Science.gov (United States)

Shoven, John B; Slavov, Sita Nataraj

2014-12-01

Most government employees have access to retiree health coverage, which provides them with group health coverage even if they retire before Medicare eligibility. We study the impact of retiree health coverage on the labor supply of public sector workers between the ages of 55 and 64. We find that retiree health coverage raises the probability of stopping full time work by 4.3 percentage points (around 38 percent) over two years among public sector workers aged 55-59, and by 6.7 percentage points (around 26 percent) over two years among public sector workers aged 60-64. In the younger age group, retiree health insurance mostly seems to facilitate transitions to part-time work rather than full retirement. However, in the older age group, it increases the probability of stopping work entirely by 4.3 percentage points (around 22 percent). Copyright © 2014 Elsevier B.V. All rights reserved.

Connecting Capital and Catastrophe in a Modeled World - How re/insurance and public science interact to manage risk for societal benefit

Science.gov (United States)

Douglas, R.

2010-12-01

Society, at local and global scales, seeks improved ways of managing the impact and sharing the costs of extreme natural events across populations via public and private mechanisms. Concerns over potential climate change and climate variability are amplifying the importance of these questions among public policy, business and regulatory communities. Through its financial obligations to exposed populations, the international insurance and reinsurance sector is directly affected by the frequency, severity and impact of extreme events. In many jurisdictions insurance contracts are regulated to tolerate the maximum probable loss events which are expected at 1 in 200 year return periods. This risk tolerance requirement renders re/insurers to undertake distinctive risk analysis among financial sector institutions. Natural catastrophe risk is a major component of re/insurer risk at the 1:200 year return period and a significant driver of the minimum capital requirements imposed on re/insurers. Historic claims records are insufficient on their own to evaluate potential losses at these return periods and over the last twenty years a significant sub-sector of the re/insurance industry has emerged known as catastrophe risk modelling. This has brought a progress and influential approach in applying science to gain a great handle of the expected losses to portfolios by developing increasingly robust analysis of hazards, exposures, vulnerabilities and impacts. As a result of these innovations the re/insurance sector has become more resilient to natural catastrophes. In recent years there has been an accelerated and deepening interaction between the re/insurance sector and public science across natural hazards risk research. The medium of modelling is providing a common vehicle for science and industry communities to collaborate and new supply chains are emerging from blue sky public science, through to applied research and operation modelling. Increasingly both sides are sharing

Impacts of Reinsurance Operations on Significant Items of the Financial Statements of Commercial Insurance Companies According to Czech Accounting Legislation and International Accounting Standards

OpenAIRE

Jana Gláserová; Eva Vávrová

2015-01-01

The principal aim of the paper is to determine the impact of reinsurance operations in commercial insurance companies, in accordance with the relevant accounting legislation, for certain significant items of the financial statements. In actual fact, the reinsurance operations affect the profit of a commercial insurance company, following the financial statements. The prerequisite for fulfilling the objective of the paper is to analyse the accounting legislation for reinsurance operations in c...

26 CFR 1.848-3 - Interim rules for certain reinsurance agreements.

Science.gov (United States)

2010-04-01

... to the ceding company (including the tax reserves on the reinsured contracts) as premiums and other... a modified coinsurance agreement, the parties must determine their net premiums on a net... in L2's tax reserves ($100,000) exceeds the net consideration transferred by L1 ($83,000), the...

Crispin: capital requirements and reinsurance protect against insolvency.

Science.gov (United States)

Crispin, C

2001-12-01

Charles Crispin is president of Evergreen Re, a managed care consulting firm with expertise in the reinsurance industry. Before Joining Evergreen Re, Crispin served as a consultant to the managed care industry. He is a member of the American Association of Integrated Delivery Systems, Glen Allen, Virginia, and the Provider Excess Loss Association, Princeton, New Jersey. Crispin recently talked with HFM about risk-based capital requirements for health plans and the Impact these solvency guidelines could have on healthcare providers.

Hiring retirees: impact of age norms and stereotypes

NARCIS (Netherlands)

Karpinska, K.; Henkens, K.; Schippers, J.

2013-01-01

Purpose - This study aims to investigate the role of managers in the re-employment of early retirees and focuses on the effect of managers' age norms and stereotypes on managers' employment decisions. Design/methodology/approach - A combination of a factorial study and a survey was conducted. First,

Hiring retirees: impact of age norms and stereotypes

NARCIS (Netherlands)

Karspinska, K.; Henkens, K.; Schippers, J.

2013-01-01

Purpose – This study aims to investigate the role of managers in the re-employment of early retirees and focuses on the effect of managers' age norms and stereotypes on managers' employment decisions. Design/methodology/approach – A combination of a factorial study and a survey was conducted. First,

Toward Better Access to Health Insurance Coverage for U.S. Retirees in Mexico

OpenAIRE

Warner David C.; Jahnke Lauren R.

2001-01-01

Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare) is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of livi...

Toward better access to health insurance coverage for U.S. retirees in Mexico.

Science.gov (United States)

Warner, D C; Jahnke, L R

2001-01-01

Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare) is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of living. The numbers are increasing as a result of several factors such as aging "baby boomers" and the rapidly growing Mexican-origin population in the U.S.A. who are citizens or permanent residents but would like to return to their communities of origin after working in the U.S.A. There are several policy initiatives that could provide opportunities for improving health insurance coverage for these retirees that could be cost-effective.

Lowering social security's duration-of-marriage requirement: distributional effects for future female retirees.

Science.gov (United States)

Tamborini, Christopher R; Whitman, Kevin

2010-01-01

A number of alternatives to Social Security's auxiliary benefit system have been proposed in the context of changes in American family and work patterns. This article focuses on one modification therein-lowering the 10-year duration-of-marriage requirement for divorced spouses. Using a powerful microsimulation model (MINT), we examine the distributional effects of extending spouse and survivor benefit eligibility to 5- and 7-year marriages ending in divorce among female retirees in 2030, a population largely comprised of baby boomers. Results show that the options would increase benefits for a small share of female retirees, around 2 to 4%, and would not affect the vast majority of low-income divorced older women. However, of those affected, the options would substantially increase benefits and lower incidence of poverty and near poor. Low-income divorced retirees with marriages between 5 and 9 years in length and a deceased former spouse face the greatest potential gains.

Military Retirees’ Post-Service Earnings and Employment.

Science.gov (United States)

1981-02-01

nonpecuniary ( psychic income) components, to perhaps choose not to work at all (i.e., to truly retire) or to choose to live in areas which have low costs...shown later in this section, only about 5 percent of the retirees out of the service for more than five years are "involuntarily" unemployed , which means

Ocular problems among public service retirees in a Southern ...

African Journals Online (AJOL)

Ocular problems among public service retirees in a Southern Nigerian Metropolitan City. ... Using World Health Organization/ International Agency for Prevention of Blindness criteria for visual assessment 239 (40.4%) had good vision, 203 (34.3%) had moderate visual impairment, 48 (8.1%) had severe visual impairment, ...

Retirees and their Information Needs: A Survey Oluremi A. Abiolu ...

African Journals Online (AJOL)

Information Impact Vol. 6 (2) 2015 ... retirees and their new social status necessitated the study of their information needs. ... gives up one's work, position or business ... media to computer-based information ..... of women in small business in.

EBRI 2008 recent retirees survey: report of findings.

Science.gov (United States)

Helman, Ruth; Greenwald, Mathew; Copeland, Craig; VanDerhei, Jack; Salisbury, Dallas

2008-07-01

Understanding how to achieve longer work lives: The 2008 Recent Retirees Survey was undertaken to better understand the tools and practices that might encourage workers to postpone their retirement and remain longer with their company. Why do people retire when they do? Respondents typically retired from employers for one of four reasons: retirement becomes affordable, lack of job satisfaction, a desire for more personal or family time, and/or their own health status. Narrow window for asking people to work longer: One of the major findings from the survey is that employers have a narrow window of up to two years in which they may be able to intervene to change retiring workers' decisions by offering them incentives to remain with the company. Employers may just need to ask: Many retirees report they would have been open to an approach from their employer asking them to stay longer with the company. Sixty-one percent say they would have viewed the experience positively. Just 10 percent indicate they would have reacted negatively to an approach asking them to delay their retirement. Work incentives vary in appeal: The survey tested a total of 19 possible incentives that might encourage retiring workers to postpone retirement. Four of these appear especially likely to be successful: Half of retirees (48 percent) indicate that feeling truly needed for an assignment would have been extremely or very effective in encouraging them to delay their retirement. Moreover, of those ranking this as one of the top two most effective incentives, 72 percent say it might have prompted them to stay at least two more years with the company. Half of retirees with a defined benefit pension state receiving a full pension while working part time would have been effective in delaying their retirement (50 percent), and almost as many feel this way about receiving a partial pension while working part time (44 percent). Seven in 10 of those rating each among the top two most effective

Toward Better Access to Health Insurance Coverage for U.S. Retirees in Mexico

Directory of Open Access Journals (Sweden)

Warner David C.

2001-01-01

Full Text Available Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of living. The numbers are increasing as a result of several factors such as aging "baby boomers" and the rapidly growing Mexican-origin population in the U.S.A. who are citizens or permanent residents but would like to return to their communities of origin after working in the U.S.A. There are several policy initiatives that could provide opportunities for improving health insurance coverage for these retirees that could be cost-effective. The full version of this paper is available too at: http://www.insp.mx/salud/index.html

Leasing Retirees: Smart Business or Gaming the System?

Science.gov (United States)

Lawton, Stephen B.

2009-01-01

In April 2009, a high school principal in a large Arizona school district met individually with 18 of his most senior teachers to inform them that they would not have a job the following year. Why didn't tenure protect them from wholesale dismissal? The answer is they all had one thing in common: they were retirees who had been leased or hired…

Retiree out-of-pocket healthcare spending: a study of consumer expectations and policy implications.

Science.gov (United States)

Hoffman, Allison K; Jackson, Howell E

2013-01-01

Even though most American retirees benefit from Medicare coverage, a mounting body of research predicts that many will face large and increasing out-of-pocket expenditures for healthcare costs in retirement and that many already struggle to finance these costs. It is unclear, however, whether the general population understands the likely magnitude of these out-of-pocket expenditures well enough to plan for them effectively. This study is the first comprehensive examination of Americans' expectations regarding their out-of-pocket spending on healthcare in retirement. We surveyed over 1700 near retirees and retirees to assess their expectations regarding their own spending and then compared their responses to experts' estimates. Our main findings are twofold. First, overall expectations of out-of-pocket spending are mixed. While a significant proportion of respondents estimated out-of-pocket costs in retirement at or above expert estimates of what the typical retiree will spend, a disproportionate number estimated their future spending substantially below what experts view as likely. Estimates by members of some demographic subgroups, including women and younger respondents, deviated relatively further from the experts' estimates. Second, respondents consistently misjudged spending uncertainty. In particular, respondents significantly underestimated how much individual health experience and changes in government policy can affect individual out-of-pocket spending. We discuss possible policy responses, including efforts to improve financial planning and ways to reduce unanticipated financial risk through reform of health insurance regulation.

Impacts of Reinsurance Operations on Significant Items of the Financial Statements of Commercial Insurance Companies According to Czech Accounting Legislation and International Accounting Standards

Directory of Open Access Journals (Sweden)

Jana Gláserová

2015-01-01

Full Text Available The principal aim of the paper is to determine the impact of reinsurance operations in commercial insurance companies, in accordance with the relevant accounting legislation, for certain significant items of the financial statements. In actual fact, the reinsurance operations affect the profit of a commercial insurance company, following the financial statements. The prerequisite for fulfilling the objective of the paper is to analyse the accounting legislation for reinsurance operations in commercial insurance companies. Attention will be devoted also to the method of accounting for reinsurance operations and their specific reporting in various parts of the financial statements of commercial insurance companies. The partial aim of this paper is to identify significant differences in the area of accounting of commercial insurance companies, based on the comparison of accounting practices of the issues examined in accordance with IAS/IFRS. In the conclusion, the authors will address the latest development of necessary steps in adopting the concept of IFRS 4 Phase II and accomplishing the process of the application of IFRS 4 Phase II to the accounts of commercial insurance companies.

A Thematic Analysis of Career Adaptability in Retirees Who Return to Work.

Science.gov (United States)

Luke, Jennifer; McIlveen, Peter; Perera, Harsha N

2016-01-01

Retirement can no longer be conceptualized as disengagement, as the end of a person's career, as it is in the life-span, life-space theory. Increasingly, retirees are returning to work, in paid, and unpaid positions, in a part-time or full-time capacity, as an act of re-engagement. Vocational psychology theories are yet to adequately conceptualize the phenomenon of retirees' re-engagement in work. The research reported in this paper is the first attempt to understand re-engagement through the theoretical lens of career construction theory (CCT) and its central construct, career adaptability. The study involved intensive interviews with 22 retirees between the ages of 56 and 78 years (M = 68.24), who had retired no less than 1 year prior to the study. Participants were engaged in a discussion about their reasons for returning to the world of work. Thematic analysis of interview transcripts extracted evidence of the four career adaptability resources: concern, control, curiosity, and confidence. In addition, the influence of family and making a contribution were discerned as important themes. These findings are the first evidence that the CCT and career adaptability provide a new conceptual lens to theorize and conduct research into the phenomenon of retirement.

Demand for Health Insurance by Military Retirees

Science.gov (United States)

2015-05-01

expected to slow down; the Centers for Medicare & Medicaid Services (Office of the Actuary ) predicts only a modest increase in FYs 2013–2018 premiums...models and data from the BLS, HCBS, Internal Revenue Service (IRS) and DoD Actuary to predict real disposable incomes and marginal tax rates of HCBS...OOP index divided by CPI-U (2012) INCOME*D1 Individual BLS, DoD Actuary , HCBS, and IRS FYs 2000–2012; 2003 Survey of Retirees Logarithm of expected

The impact of clustering of extreme European windstorm events on (re)insurance market portfolios

Science.gov (United States)

Mitchell-Wallace, Kirsten; Alvarez-Diaz, Teresa

2010-05-01

Traditionally the occurrence of windstorm loss events in Europe has been considered as independent. However, a number of significant losses close in space and time indicates that this assumption may need to be revised. Under particular atmospheric conditions multiple loss-causing cyclones can occur in succession, affecting similar geographic regions and, therefore, insurance markets. A notable example is of Lothar and Martin in France in December 1999. Although the existence of cyclone families is well-known by meteorologists, there has been limited research into occurrence of serial windstorms. However, climate modelling research is now providing the ability to explore the physical drivers of clustering, and to improve understanding of the hazard aspect of catastrophe modelling. While analytics tools, including catastrophe models, may incorporate assumptions regarding the influence of dependency through statistical means, the most recent research outputs provide a new strand of information with the potential to re-assess the probabilistic loss potential in light of clustering and to provide an additional view on probable maximum losses to windstorm-exposed portfolios across regions such as Northwest Europe. There is however, a need for the testing of these new techniques within operational (re)insurance applications, and this paper provide an overview of the most current clustering research, including the 2009 paper by Vitolo et. al., in relation to reinsurance risk modelling, and to assess the potential impact of such additional information on the overall risk assessment process. We examine the consequences of the serial clustering of extra-tropical cyclones demonstrated by Vitolo et al. (2009) from the perspective of a large European reinsurer, examining potential implications for: • Pricing • Accumulation And • Capital adequacy

An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

OpenAIRE

Jeffrey R. Brown; J. David Cummins; Christopher M. Lewis; Ran Wei

2004-01-01

This paper examines the role of the federal government in the market for terrorism reinsurance. We investigate the stock price response of affected industries to a sequence of thirteen events culminating in the enactment of the Terrorism Risk Insurance Act (TRIA) of 2002. In the industries most likely to be affected by TRIA banking, construction, insurance, real estate investment trusts, transportation, and public utilities the stock price effect was primarily negative. The Act was at best va...

Human Reliability Program Overview

Energy Technology Data Exchange (ETDEWEB)

Bodin, Michael

2012-09-25

This presentation covers the high points of the Human Reliability Program, including certification/decertification, critical positions, due process, organizational structure, program components, personnel security, an overview of the US DOE reliability program, retirees and academia, and security program integration.

Hiring retirees: impact of age norms and stereotypes

OpenAIRE

Karspinska, K.; Henkens, K.; Schippers, J.

2013-01-01

Purpose – This study aims to investigate the role of managers in the re-employment of early retirees and focuses on the effect of managers' age norms and stereotypes on managers' employment decisions. Design/methodology/approach – A combination of a factorial study and a survey was conducted. First, information on the age norms and stereotypes was collected. Secondly, profiles of hypothetical retired job applicants were presented to the employers, who were asked to make a specific hiring deci...

Tourists, Expatriates and International Retirees: An Empirical Evidence from Malaysia

Directory of Open Access Journals (Sweden)

Tan Chuie-Hong

2014-01-01

Full Text Available Malaysia relies heavily on tourism industry to spur its economic growth. Parallel to the growth of tourists, Malaysia is also a popular destination for international retiree migration through the Malaysia My Second Home (MM2H programme and expatriates. Hence this study attempts to investigate the relationship between tourists, expatriates and MM2H participants. The pull factors of Malaysia as a destination of tourism, expatriates and international retirees are prevalent, and could be further supported through analysis of the relationship between the three variables. This study employs secondary data from 1998 to 2012. Several methods of analysis are used to analyse the data, such as Unit Root Test, Co-integration Test and Granger Causality Test. The findings show that there is a unidirectional relationship between expatriates and MM2H participants. Public and private sectors need to cooperate to attract more expatriates in order to create the pull of MM2H participants. Meanwhile, tourism development policy must be improved to retain Malaysia as a premier destination for foreigners to work, live and relax.

Relationship Between Family Power Structure, Marital Conflicts, and Mental Health in Male Retirees of Alborz Province Department, Iran Ministry of Education

Directory of Open Access Journals (Sweden)

Maryam Soleimani

2016-01-01

Conclusion: The results of the research indicate that power structure of family and marital conflicts can affect mental health of male retirees. And more unequal power structure of family and more marital conflicts can lead to decrease in mental health of male retirees.

INVESTIGATING FINANCIAL INNOVATION AND EUROPEAN CAPITAL MARKETS. THE CASE OF CATASTROPHE BONDS AND LISTED REINSURANCE COMPANIES

Directory of Open Access Journals (Sweden)

CONSTANTIN LAURA-GABRIELA

2014-12-01

Full Text Available Focusing on the financial innovation – stock market interconnections, the present research studies the association between the insurance-linked market activity of European (reinsurance companies and their evolution on the capital markets. With the aim of emphasizing the connections from the perspective of the stock performance and their risk, the empirical analysis is based on vector autoregression (VAR and Granger causality analyses. The proposed examination is further developed by considering both impulse response functions and variance decomposition insights. The proxies of the catastrophe bond market, as financial innovation, there are employed both the size and the number of catastrophe bonds transactions, while the stock returns and their standard deviation stand for representatives of the evolution of the reinsurance companies on the capital markets in terms of financial performance and risk. The main results confirm other studies, suggesting that the effects of issuing cat bonds on the ceding companies is reflected rather in terms of stocks’ risk diminishing

INVESTIGATING FINANCIAL INNOVATION AND EUROPEAN CAPITAL MARKETS. THE CASE OF CATASTROPHE BONDS AND LISTED REINSURANCE COMPANIES

Directory of Open Access Journals (Sweden)

CONSTANTIN LAURA-GABRIELA

2014-12-01

Full Text Available Focusing on the financial innovation – stock market interconnections, the present research studies the association between the insurance-linked market activity of European (reinsurance companies and their evolution on the capital markets. With the aim of emphasizing the connections from the perspective of the stock performance and their risk, the empirical analysis is based on vector autoregression (VAR and Granger causality analyses. The proposed examination is further developed by considering both impulse response functions and variance decomposition insights. The proxies of the catastrophe bond market, as financial innovation, there are employed both the size and the number of catastrophe bonds transactions, while the stock returns and their standard deviation stand for representatives of the evolution of the reinsurance companies on the capital markets in terms of financial performance and risk. The main results confirm other studies, suggesting that the effects of issuing cat bonds on the ceding companies is reflected rather in terms of stocks’ risk diminishing.

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Science.gov (United States)

2010-01-01

... conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.202 Are retirees eligible for the premium conversion plan? No...

Long-term care over an uncertain future: what can current retirees expect?

Science.gov (United States)

Kemper, Peter; Komisar, Harriet L; Alecxih, Lisa

The leading edge of the baby boom generation is nearing retirement and facing uncertainty about its need for long-term care (LTC). Using a microsimulation model, this analysis projected that people currently turning age 65 will need LTC for three years on average. An important share of needed care will be covered by public programs and some private insurance, but much of the care will be an uninsured private responsibility of individuals and their families--a responsibility that will be distributed unequally. While over a third of those now turning 65 are projected to never receive family care, three out of 10 will rely on family care for more than two years. Similarly, half of people turning 65 will have no private out-of-pocket expenditures for LTC, while more than one in 20 are projected to spend $100,000 or more of their own money (in present discounted value). Policy debate that focuses only on income security and acute care--and the corresponding Social Security and Medicare programs--misses the third, largely private, risk that retirees face: that of needing LTC.

5 CFR 843.306 - Basic benefits on death of a non-disability retiree.

Science.gov (United States)

2010-01-01

... annuity equal to 50 percent of an annuity computed under subpart D of part 842 of this chapter, with... waiver); or (2) In the case of a marriage after retirement, the retiree did not file an election under...

Impact of age norms and stereotypes on managers' hiring decisions of retirees

NARCIS (Netherlands)

Karpinska, K.; Henkens, C.J.I.M.; Schippers, J.

2011-01-01

Purpose -Our study investigates the role of managers in the re-employment of early retirees and asks what the effect is of managers’ age norms and stereotypes on managers’ employment decisions. Design/methodology/approach- A combination of a factorial study and a survey was conducted. First,

FASB (Financial Accounting Standards Board) proposal changes retiree healthcare benefit accounting.

Science.gov (United States)

Grimaldi, P L; Bertko, J M

1989-07-01

The Financial Accounting Standards Board (FASB) recently issued an exposure draft (ED) of a standard that would change the way organizations account for their employees' post-retirement healthcare benefits. According to the ED, organizations would have to switch from cash accounting to accrual accounting for post-retirement benefits as well as record their retiree healthcare liabilities on their balance sheets by 1992.

The Future Train Wreck: Paying for Medical Costs for Higher Education's Retirees

Science.gov (United States)

Biggs, John H.

2006-01-01

Trustees and administrators today confront one of two problems with post-retirement medical care. First, if institutions provide no support for their retirees' medical care, they implicitly offer a powerful incentive for senior faculty to stay on. The compensation and opportunity costs of this effect are obviously very high. But, second, if they…

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Science.gov (United States)

2010-07-01

... order to maintain a competitive advantage in the marketplace—using these and other benefits to attract... Coordination of retiree health benefits with Medicare and State health benefits. (a) Definitions. (1) Employee...

Gender differences in the effect of social resources and social status on the retirement satisfaction and health of retirees.

Science.gov (United States)

Wang, Yihan; Matz-Costa, Christina

2018-05-16

This study explores the effect of positive and negative social support, social reciprocity, and subjective social status on the retirement satisfaction and health of retirees and gender differences therein. Using cross-sectional data from the 2010 and 2012 waves of the Health and Retirement Study (HRS), we found that social support seems to matter more for the retirement satisfaction and health of women, while social reciprocity matters more for the health of men and subjective social status for the retirement satisfaction of men. Implications for the development of social programs and policies over the life course are discussed.

Worst-Case Investment and Reinsurance Optimization for an Insurer under Model Uncertainty

Directory of Open Access Journals (Sweden)

Xiangbo Meng

2016-01-01

Full Text Available In this paper, we study optimal investment-reinsurance strategies for an insurer who faces model uncertainty. The insurer is allowed to acquire new business and invest into a financial market which consists of one risk-free asset and one risky asset whose price process is modeled by a Geometric Brownian motion. Minimizing the expected quadratic distance of the terminal wealth to a given benchmark under the “worst-case” scenario, we obtain the closed-form expressions of optimal strategies and the corresponding value function by solving the Hamilton-Jacobi-Bellman (HJB equation. Numerical examples are presented to show the impact of model parameters on the optimal strategies.

Modeling Retirees' Life Satisfaction Levels: The Role of Recreational, Life Cycle and Socio-Environmental Elements.

Science.gov (United States)

Romsa, Gerald; And Others

1985-01-01

This study investigated satisfaction with retirement as a function of life cycle forces, socioenvironmental influences, and the degree of fulfillment of Maslow's hierarchy of needs through participation in recreational leisure activities. The findings from interviews with 300 retirees are discussed. (Author/MT)

INVESTIGATING FINANCIAL INNOVATION AND EUROPEAN CAPITAL MARKETS. THE CASE OF CATASTROPHE BONDS AND LISTED REINSURANCE COMPANIES

OpenAIRE

CONSTANTIN LAURA-GABRIELA; CERNAT-GRUICI BOGDAN; IAMANDI IRINA-EUGENIA

2014-01-01

Focusing on the financial innovation – stock market interconnections, the present research studies the association between the insurance-linked market activity of European (re)insurance companies and their evolution on the capital markets. With the aim of emphasizing the connections from the perspective of the stock performance and their risk, the empirical analysis is based on vector autoregression (VAR) and Granger causality analyses. The proposed examination is further develope...

Making Better Re/Insurance Underwriting and Capital Management Decisions with Public-Private-Academic Partnerships

Science.gov (United States)

Michel, G.; Gunasekera, R.; Werner, A.; Galy, H.

2012-04-01

Similar to 2001, 2004, and 2005, 2011 was another year of unexpected international catastrophe events, in which insured losses were more than twice the expected long-term annual average catastrophe losses of USD 30 to 40bn. Key catastrophe events that significantly contributed these losses included the Mw 9.0 Great Tohoku earthquake and tsunami, the Jan. 2011 floods in Queensland, the October 2011 floods in Thailand, the Mw 6.1 Christchurch earthquake and Convective system (Tornado) in United States. However, despite considerable progress in catastrophe modelling, the advent of global catastrophe models, increasing risk model coverage and skill in the detailed modelling, the above mentioned events were not satisfactorily modelled by the current mainstream Re/Insurance catastrophe models. This presentation therefore address problems in models and incomplete understanding identified from recent catastrophic events by considering: i) the current modelling environment, and ii) how the current processes could be improved via: a) the understanding of risk within science networks such as the Willis Research Network, and b) the integration of risk model results from available insurance catastrophe models and tools. This presentation aims to highlight the needed improvements in decision making and market practices, thereby advancing the current management of risk in the Re/Insurance industry. This also increases the need for better integration of Public-Private-Academic partnerships and tools to provide better estimates of not only financial loss but also humanitarian and infrastructural losses as well.

The recruitment of early retirees: a vignette study of the factors that affect managers' decisions

NARCIS (Netherlands)

Karpinska, K.; Henkens, C.J.I.M.; Schippers, J.

2011-01-01

Retirement is characterised as a dynamic process that has several different outcomes, from early retirement to re-entry to the labour force. Recent studies of the Dutch population show that a substantial number of early retirees re-enter the workforce after early retirement, but others do not

Preservation of knowledge through networking with retirees

International Nuclear Information System (INIS)

Barroso, A.C.O.; Reis-Junior, J.S.B.; Monteiro, C.A.; Seary, A

2009-01-01

Loss of emphasis or phasing down of nuclear programs has reduced substantially the hiring of new employees as a result nuclear organizations, in most countries, are experiencing reduction in the workforce and the average age of their technical professionals are around mid fifties. Knowledge management activities with emphasis on knowledge preservation have become a crucial issue for such organizations. This work studied a spontaneous knowledge preservation mechanism at IPEN that could be leveraged and may be replicated in other organizations. Crossing examining publications and human resources data base, with some alias detecting algorithm a large collaboration network involving retirees and current workers of IPEN was unveiled. Using simple indicators and advance techniques of social network analysis the following studies were performed: assessment of the network performance; characterization of its key global properties and detailed structure; characterization and assessment of the role of its key actors; analysis of groups and subgroups patterns; and longitudinal (time evolution) of the network and assessment of its robustness. Rich insights came from this study concerning the value of this mechanism for IPEN and also about the essence of the common interest that constitutes the 'glue' for such mechanism. While more detailed network analysis will still go on for a couple of months, a new phase has already been started with a formulated conceptual model, consisting of four latent variables and thirty six observable ones, to 'explain' at the actor level, in this particular setting what matters when engaging in collaboration. Upon finishing this new phase network data and actors' survey data will be cross correlate to provide a more fully understanding of this amazing mechanism. (author)

Preservation of knowledge through networking with retirees

Energy Technology Data Exchange (ETDEWEB)

Barroso, A.C.O.; Reis-Junior, J.S.B.; Monteiro, C.A. [Instituto de Pesquisas Energeticas e Nucleares (IPEN/CNEN-SP), Sao Paulo, SP (Brazil)], e-mail: barroso@ipen.br, e-mail: jose.sergio.junior@googlemail.com, e-mail: monteiro@ipen.br; Seary, A [Simon Fraser University School of Comunication, Burnaby, BC (Canada)], e-mail: seary@sfu.ca

2009-07-01

Loss of emphasis or phasing down of nuclear programs has reduced substantially the hiring of new employees as a result nuclear organizations, in most countries, are experiencing reduction in the workforce and the average age of their technical professionals are around mid fifties. Knowledge management activities with emphasis on knowledge preservation have become a crucial issue for such organizations. This work studied a spontaneous knowledge preservation mechanism at IPEN that could be leveraged and may be replicated in other organizations. Crossing examining publications and human resources data base, with some alias detecting algorithm a large collaboration network involving retirees and current workers of IPEN was unveiled. Using simple indicators and advance techniques of social network analysis the following studies were performed: assessment of the network performance; characterization of its key global properties and detailed structure; characterization and assessment of the role of its key actors; analysis of groups and subgroups patterns; and longitudinal (time evolution) of the network and assessment of its robustness. Rich insights came from this study concerning the value of this mechanism for IPEN and also about the essence of the common interest that constitutes the 'glue' for such mechanism. While more detailed network analysis will still go on for a couple of months, a new phase has already been started with a formulated conceptual model, consisting of four latent variables and thirty six observable ones, to 'explain' at the actor level, in this particular setting what matters when engaging in collaboration. Upon finishing this new phase network data and actors' survey data will be cross correlate to provide a more fully understanding of this amazing mechanism. (author)

75 FR 6360 - Federal Advisory Committee; DoD Medicare-Eligible Retiree Health Care Board of Actuaries

Science.gov (United States)

2010-02-09

... Retiree Health Care Board of Actuaries AGENCY: Department of Defense (DoD). ACTION: Meeting notice... Actuaries will meet on August 18, 2010. Subject to the availability of space, the meeting is open to the...: Margot Kaplan at the DoD Office of the Actuary, 4040 N. Fairfax Drive, Suite 308, Arlington, VA 22203...

On Central Branch/Reinsurance Risk Networks: Exact Results and Heuristics

Directory of Open Access Journals (Sweden)

Florin Avram

2018-04-01

Full Text Available Modeling the interactions between a reinsurer and several insurers, or between a central management branch (CB and several subsidiary business branches, or between a coalition and its members, are fascinating problems, which suggest many interesting questions. Beyond two dimensions, one cannot expect exact answers. Occasionally, reductions to one dimension or heuristic simplifications yield explicit approximations, which may be useful for getting qualitative insights. In this paper, we study two such problems: the ruin problem for a two-dimensional CB network under a new mathematical model, and the problem of valuation of two-dimensional CB networks by optimal dividends. A common thread between these two problems is that the one dimensional reduction exploits the concept of invariant cones. Perhaps the most important contribution of the paper is the questions it raises; for that reason, we have found it useful to complement the particular examples solved by providing one possible formalization of the concept of a multi-dimensional risk network, which seems to us an appropriate umbrella for the kind of questions raised here.

75 FR 30267 - Federal Long Term Care Insurance Program: Eligibility Changes

Science.gov (United States)

2010-06-01

... employees. OPM will supply an attestation document on its website for the use of employees, retirees, and... CARE INSURANCE PROGRAM 0 1. The authority citation for 5 CFR part 875 continues to read as follows...

Cross-border movement of older patients: a descriptive study on health service use of Japanese retirees in Thailand.

Science.gov (United States)

Miyashita, Yumiko; Akaleephan, Chutima; Asgari-Jirhandeh, Nima; Sungyuth, Channarong

2017-03-08

Thailand's policy to promote long-stay tourism encourages Japanese retirees to relocate to Thailand. One concern of such an influx is the impact of these elderly foreign residents on the Thai health system. This study aims to reveal the current use of and needs for health services amongst Japanese retirees residing in various locations in Thailand. In collaboration with nine Japanese self-help clubs in Bangkok, Chiang Mai, Chiang Rai, and Phuket, questionnaire surveys of Japanese long-stay retirees were conducted from January to March 2015. The inclusion criteria were being ≥ 50 years of age and staying in Thailand for ≥30 days in the previous 12 months while the main exclusion criteria included relocation by company, relocation due to marriage, or working migrants. The mean age of the 237 eligible participants was 68.8, with 79.3% of them being male, 57.8% having stayed in Thailand for ≥5 years, 63.3% having stayed in Thailand for ≥300 days in the previous 12 months and 33% suffering from chronic diseases or sequelae. Of the 143 who had health check-ups in the previous 12 months, 48.3% did so in Thailand. The top 3 diseases treated either in Thailand or Japan in the previous 12 months were dental diseases (50 patients), hypertension (44 patients), and musculoskeletal disorders (41 patients), with the rate of treatment in Thailand standing at 46.0, 47.7, and 65.9%, respectively. Of the 106 who saw a doctor in Thailand in the same period, 70.8% did so less than once a month. Only 23.2% of the participants preferred to receive medical treatment for serious conditions in Thailand. However, this number rose to 32.9% for long-term care (LTC) use. The usage of Thai health services amongst Japanese long-stay retirees is currently limited as they prefer going back to Japan for health screenings and treatment of chronic or serious diseases. However, the number of Japanese residents requiring health services including LTC and end-of-life care is expected

78 FR 9890 - DoD Medicare-Eligible Retiree Health Care Board of Actuaries; Notice of Federal Advisory...

Science.gov (United States)

2013-02-12

... Actuaries; Notice of Federal Advisory Committee Meeting AGENCY: DoD. ACTION: Meeting notice. SUMMARY: Under... Retiree Health Care Board of Actuaries will take place. DATES: Friday, August 2, 2013, from 10:00 a.m. to... Activity, DoD Office of the Actuary, 4800 Mark Center Drive, STE 06J25-01, Alexandria, VA 22350-4000. Phone...

Good Bye Rush Hour Trains, Hello Morning Walks. Changes in Morning Experience for Japanese Retirees

OpenAIRE

Yohko Tsuji

2014-01-01

Morning is the "junction between nighttime and daytime" when most people experience the transition from restful sleep to actions. It comes every day with the light dispelling the darkness and human motions and bird chirpings breaking the stillness of the night. While the morning thus described is repeated day after day, people’s experiences of it may change drastically when they retire. In this article, I will examine such changes in morning experiences among Japanese retirees who live in ...

Explicit Solution of Reinsurance-Investment Problem for an Insurer with Dynamic Income under Vasicek Model

Directory of Open Access Journals (Sweden)

De-Lei Sheng

2016-01-01

Full Text Available Unlike traditionally used reserves models, this paper focuses on a reserve process with dynamic income to study the reinsurance-investment problem for an insurer under Vasicek stochastic interest rate model. The insurer’s dynamic income is given by the remainder after a dynamic reward budget being subtracted from the insurer’s net premium which is calculated according to expected premium principle. Applying stochastic control technique, a Hamilton-Jacobi-Bellman equation is established and the explicit solution is obtained under the objective of maximizing the insurer’s power utility of terminal wealth. Some economic interpretations of the obtained results are explained in detail. In addition, numerical analysis and several graphics are given to illustrate our results more meticulous.

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Science.gov (United States)

2010-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... marriage to that former spouse) a reduced annuity to provide a current spouse annuity, must deposit an amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

Maximizing the retention level for proportional reinsurance under  -regulation of the finite time surplus process with unit-equalized interarrival time

Directory of Open Access Journals (Sweden)

Sukanya Somprom

2016-07-01

Full Text Available The research focuses on an insurance model controlled by proportional reinsurance in the finite-time surplus process with a unit-equalized time interval. We prove the existence of the maximal retention level for independent and identically distributed claim processes under α-regulation, i.e., a model where the insurance company has to manage the probability of insolvency to be at most α. In addition, we illustrate the maximal retention level for exponential claims by applying the bisection technique.

Re-insurance in the Swiss health insurance market: Fit, power, and balance.

Science.gov (United States)

Schmid, Christian P R; Beck, Konstantin

2016-07-01

Risk equalization mechanisms mitigate insurers' incentives to practice risk selection. On the other hand, incentives to limit healthcare spending can be distorted by risk equalization, particularly when risk equalization payments depend on realized costs instead of expected costs. In addition, cost based risk equalization mechanisms may incentivize health insurers to distort the allocation of resources among different services. The incentives to practice risk selection, to limit healthcare spending, and to distort the allocation of resources can be measured by fit, power, and balance, respectively. We apply these three measures to evaluate the risk adjustment mechanism in Switzerland. Our results suggest that it performs very well in terms of power but rather poorly in terms of fit. The latter indicates that risk selection might be a severe problem. We show that re-insurance can reduce this problem while power remains on a high level. In addition, we provide evidence that the Swiss risk equalization mechanism does not lead to imbalances across different services. Copyright © 2016 Elsevier Ireland Ltd. All rights reserved.

A comparative study of three pillars system and banking methods in accounting long-term purposes of retiree in Indonesian saving account

Science.gov (United States)

Hasbullah, E. S.; Suyudi, M.; Halim, N. A.; Sukono; Gustaf, F.; Putra, A. S.

2018-03-01

Human productivity is the main capital in economic activity. This main factor leads to the fact that the continuity of human resources in economic sector depends on the limited productivity age. In other word, once the economic agents has reach the limit of the productivity age. Hence they enter the pension state. In this case, the preparation of ‘old-age’ fund become crucial and should be initiated before the pension state to avoid the destitute condition of retiree. Two most simple and familiar methods in preparing the pension fund are The Three Pillars system and banking methods. Here we simulate the both of the methods for the synthetic data of investment program and analyse the result. The result gives the idea that the Three Pillar System has effective prospect in Long-term scheme. However, the banking method is likely adapted to the short-term plan.

78 FR 72321 - Patient Protection and Affordable Care Act; HHS Notice of Benefit and Payment Parameters for 2015

Science.gov (United States)

2013-12-02

... Adjustment and Reinsurance Programs a. Discrepancy resolution process b. Default risk adjustment charge D... transitional reinsurance program in each State to help pay the cost of treating high-cost enrollees in the... reimburse third party administrators that pay for contraceptive services for enrollees in certain self...

Effect of an individually tailored one-year energy balance programme on body weight, body composition and lifestyle in recent retirees: a cluster randomised controlled trial

Directory of Open Access Journals (Sweden)

Kok Frans J

2010-03-01

Full Text Available Abstract Background The increased prevalence of overweight and obesity warrants preventive actions, particularly among people in transitional stages associated with lifestyle changes, such as occupational retirement. The purpose is to investigate the effect of a one year low-intensity computer-tailored energy balance programme among recent retirees on waist circumference, body weight and body composition, blood pressure, physical activity and dietary intake. Methods A randomised controlled trial was conducted among recent retirees (N = 413; mean age 59.5 years. Outcome measures were assessed using anthropometry, bio-impedance, blood pressure measurement and questionnaires. Results Waist circumference, body weight and blood pressure decreased significantly in men of the intervention and control group, but no significant between-group-differences were observed at 12 or at 24-months follow-up. A significant effect of the programme was only observed on waist circumference (-1.56 cm (95%CI: -2.91 to -0.21 at 12 month follow up among men with low education (n = 85. Physical activity and dietary behaviours improved in both the intervention and control group during the intervention period. Although, these behaviours changed more favourably in the intervention group, these between-group-differences were not statistically significant. Conclusions The multifaceted computer-tailored programme for recent retirees did not appear to be effective. Apparently the transition to occupational retirement and/or participation in the study had a greater impact than the intervention programme. Trial registration Clinical Trials NCT00122213.

Resource Loss and Gain, Life Satisfaction, and Health Among Retirees in Spain.

Science.gov (United States)

Topa, Gabriela; Jiménez, Irene; Valero, Encarna; Ovejero, Anastasio

2017-04-01

This article focuses on retirement transition from the Conservation of Resources (COR) perspective to better understand how aged participants' perceptions of retirement losses and gains significantly explain retirement well-being. In this article, the mediation of social support in the losses-well-being relationship is explored. The study was conducted with a two-wave longitudinal design. Participants at T1 were aged Spanish workers (>64 years) and at T2 were retirees, with a final sample of 275, who had retired during the previous 6 months. Findings supported the assertion that losses better explain well-being than gains. In addition, specific losses revealed a higher explaining power of life satisfaction and health complaints depending on their content. Social support mediated between perceived losses and well-being. This study suggests that both perceived losses and gains associated with retirement and social support during retirement should be taken into account when addressing postretirement well-being.

ASSETS ADMITTED TO COVER GROSS TECHNICAL RESERVES CASE STUDY: INSURANCE – REINSURANCE COMPANY ASTRA SA

Directory of Open Access Journals (Sweden)

IRINELA – CONSTANTINA BADEA

2015-12-01

Full Text Available The aim of this paper is to analyze the asset structure and the coverage of gross technical reserves of the Insurance – Reinsurance Company Astra SA, for the period 2003 – 2014. Insurance companies are required to constitute technical reserves, in order to cope with the payment obligations to policyholders. These reserves may only be covered on account of certain assets, admitted by law. In Romania, Orders No. 8 and 9/2011, issued by the Insurance Supervisory Commission, contain Rules regarding the assets admitted to cover gross technical reserves, the dispersion of assets admitted to cover gross technical reserves and the liquidity coefficient. Order No. 9/2011, relating to general insurance, has been amended by Rule No. 22/2014. In this paper, we have analyzed the main elements of Astra’s assets, their share in total assets and we have calculated the coverage of gross technical reserves by total assets and liquid assets. In 2013 and 2014, the value of total assets was below the value of gross tehnical reserves, which demonstrated Astra’s financial instability, through negative capital and the inability to meet the obligations to policyholders. Failure to comply with the prudential indicators has been one of the main causes of Astra`s bankruptcy.

Third Party Collection Program

National Research Council Canada - National Science Library

Young, Shelton

1993-01-01

United States Code, title 10, sec. 1095, allows DoD to collect from health insurance plans reasonable inpatient hospital costs incurred on behalf of insured military retirees and military dependants...

A Study to Establish Baseline Data on the Retiree Population’s Perceptions of Access and Health Care Delivered through Outpatient Services at Ireland Army Community Hospital

Science.gov (United States)

1987-04-01

common household products, there are many ideas and principles that are used in marketing consumer products that can be applied to primary health care...Design & Analysis, Chicago: Free Press, 1955. Kotler , Phillip., Marketing for Nonprofit Organizations, Englewood Cliffs, NJ: Prentice-Hall, Inc., 1975...to recapture ’the retiree population around IACH, Ft. Knox, KY. and to implement a marketing strategy which would attempt to recapture a portion of

How can sensitivity analysis improve the robustness of mathematical models utilized by the re/insurance industry?

Science.gov (United States)

Noacco, V.; Wagener, T.; Pianosi, F.; Philp, T.

2017-12-01

Insurance companies provide insurance against a wide range of threats, such as natural catastrophes, nuclear incidents and terrorism. To quantify risk and support investment decisions, mathematical models are used, for example to set the premiums charged to clients that protect from financial loss, should deleterious events occur. While these models are essential tools for adequately assessing the risk attached to an insurer's portfolio, their development is costly and their value for decision-making may be limited by an incomplete understanding of uncertainty and sensitivity. Aside from the business need to understand risk and uncertainty, the insurance sector also faces regulation which requires them to test their models in such a way that uncertainties are appropriately captured and that plans are in place to assess the risks and their mitigation. The building and testing of models constitutes a high cost for insurance companies, and it is a time intensive activity. This study uses an established global sensitivity analysis toolbox (SAFE) to more efficiently capture the uncertainties and sensitivities embedded in models used by a leading re/insurance firm, with structured approaches to validate these models and test the impact of assumptions on the model predictions. It is hoped that this in turn will lead to better-informed and more robust business decisions.

The impact of a and b value uncertainty on loss estimation in the reinsurance industry

Directory of Open Access Journals (Sweden)

R. Streit

2000-06-01

Full Text Available In the reinsurance industry different probabilistic models are currently used for seismic risk analysis. A credible loss estimation of the insured values depends on seismic hazard analysis and on the vulnerability functions of the given structures. Besides attenuation and local soil amplification, the earthquake occurrence model (often represented by the Gutenberg and Richter relation is a key element in the analysis. However, earthquake catalogues are usually incomplete, the time of observation is too short and the data themselves contain errors. Therefore, a and b values can only be estimated with uncertainties. The knowledge of their variation provides a valuable input for earthquake risk analysis, because they allow the probability distribution of expected losses (expressed by Average Annual Loss (AAL to be modelled. The variations of a and b have a direct effect on the estimated exceeding probability and consequently on the calculated loss level. This effect is best illustrated by exceeding probability versus loss level and AAL versus magnitude graphs. The sensitivity of average annual losses due to different a to b ratios and magnitudes is obvious. The estimation of the variation of a and b and the quantification of the sensitivity of calculated losses are fundamental for optimal earthquake risk management. Ignoring these uncertainties means that risk management decisions neglect possible variations of the earthquake loss estimations.

Toward Better Access to Health Insurance Coverage for U.S. Retirees in Mexico Mejor accesibilidad a los seguros de salud para jubilados estadunidenses residentes en México

Directory of Open Access Journals (Sweden)

David C. Warner

2001-02-01

Full Text Available Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of living. The numbers are increasing as a result of several factors such as aging "baby boomers" and the rapidly growing Mexican-origin population in the U.S.A. who are citizens or permanent residents but would like to return to their communities of origin after working in the U.S.A. There are several policy initiatives that could provide opportunities for improving health insurance coverage for these retirees that could be cost-effective. The full version of this paper is available too at: http://www.insp.mx/salud/index.htmlMuchos jubilados estadunidenses cuentan con una cobertura de seguro médico restringida mientras viven en México. Los beneficios de Medicare y Medicaid no son transferibles a otros países, y el Medigap (el seguro privado que complementa a Medicare es muy limitado. Esto genera privaciones económicas y médicas y es una barrera para el retiro en México. Un número creciente de jubilados estadunidenses estaría interesado en mudarse a México en el futuro, debido al clima, la cultura y el costo más bajo de la vida. Este número creciente es resultado de varios factores: el envejecimiento de los baby boomers y la creciente población de origen mexicano con ciudadanía estadunidense o con residencia permanente, a la que le gustaría regresar a su comunidad de origen después de haber trabajado en Estados Unidos de América. En este trabajo se presentan diversas iniciativas que podrían ofrecer oportunidades para mejorar la cobertura de seguro m

77 FR 1877 - Medicare Program; Medicare Advantage and Prescription Drug Benefit Programs: Negotiated Pricing...

Science.gov (United States)

2012-01-12

... proposed to include definitions of ``actually paid,'' ``administrative costs,'' ``allowable retiree costs... theories under which we might have such authority. Also in the January 12, 2009 Federal Register, we..., and our final rule with comment period set forth three theories under which we might have such...

إعـادة التأمــين

Directory of Open Access Journals (Sweden)

ياسين كاظم حسن

2017-12-01

Full Text Available Are insurance companies after the development of its business and intense competition in the insurance sector is not able to avoid the dangers faced by the insurance process resorted to re-insurance.Appeared concept of re-insurance between insurance companies to ensure a qualitative balance and spatial risk acceptable to aninsurance.Asfor companies found the need to secure such risks insured an increase in safety, and that the re-insurance protection for the insurance companies of the potential occurrence loss of documents by transferring those losses to the reinsurer, any recovery of losses from re-insurer in exchange for a premium paid to the re-insurer, resorted insurance companies to re-insurance to protect their documents from losses. The subject of research focused on the definition of the process of re-insurance, the reasons that insurance companies paid to turn, routes and photos reinsurance, and finally the provisions of reinsurance and its effects.

Residential tourism and migration of foreign retirees in Mexico: A case study on the environmental impacts and public services in Baja California Sur

Directory of Open Access Journals (Sweden)

Diego Armando Casas-Beltrán

2013-07-01

Full Text Available Migration of foreign retirees in Mexico has increased, especially in Los Cabos, where settlements trailer type are increasing and are moving into rural coastal areas of high ecological value, without the knowledge of impacts that may result. Thus the aim of this paper is to contribute to the understanding of this type of settlement, by documenting a case study, the characteristics of their community, their environmental impacts and implications for the provision of public services. We conclude that the town will become a short-term retreat site, because while it does not have high densities, its environmental implications are significant and broad coverage. Its current demand for services is minimal, but may cause conflicts in the future, especially with the water

Social Entrepreneurship ‒ Innovative Solutions' Provider to the Challenges of an Ageing Population: The Case of Romanian Retirees

Directory of Open Access Journals (Sweden)

Mariana Drăgușin

2015-11-01

Full Text Available As an emerging field of practice and investigation Social Entrepreneurship (SE provides many opportunities and challenges. This paper is exploring specific insights of the concept, including its fine borders with two other related terms: social economy and social enterprise. It also outlines steps forward in the process of enhancing SE eco-systems at both E.U. and national levels in order to provide transformational and innovative solutions to complex issues, like that of a fast growing ageing population, having strong social, economic and political implications. As a highly vulnerable social group, Romanian Retirees are the focus of the paper authors' experimental pilot model for social innovation and change ‒ Senior Active Platform (S.A.P., that can lead to their improved economic and social inclusion. Based on in depth desk research and an exploratory survey, main coordinates (mission, objectives, main stakeholders' benefits, business model etc. of S.A.P. are identified and set up. Further needed pieces of research are outlined in order to refine the model and transform it into a replicable one in countries with similar background.

The Fiscal Politics of Big Governments: Do Coalitions Matter?

OpenAIRE

Lambertini, Luisa; Azariadis, Costas

2003-01-01

This paper uses a closed voting rule to explain how gradual changes in the socio-economic structure of developed societies shift political coalitions and lead to rapid expansions of transfer programs. Equilibria in a lifecycle economy with three homogeneous groups of voters (retirees, skilled young workers, unskilled young workers) have three properties. One, if income inequality is sufficiently high, unskilled workers and retirees will form a dominant coalition which raises both intragenerat...

Sandia National Laboratories: Employee & Retiree Resources: Emergency

Science.gov (United States)

Media Community Involvement Contribution Programs Volunteer Programs Education Programs Environmental & Figures Programs Nuclear Weapons About Nuclear Weapons Safety & Security Weapons Science & , twitter.com/SandiaLabs Sandia Kirtland Radio at 1640 AM Information regarding road conditions can be found at

Pricing index-based catastrophe bonds: Part 2: Object-oriented design issues and sensitivity analysis

Science.gov (United States)

Unger, André J. A.

2010-02-01

This work is the second installment in a two-part series, and focuses on object-oriented programming methods to implement an augmented-state variable approach to aggregate the PCS index and introduce the Bermudan-style call feature into the proposed CAT bond model. The PCS index is aggregated quarterly using a discrete Asian running-sum formulation. The resulting aggregate PCS index augmented-state variable is used to specify the payoff (principle) on the CAT bond based on reinsurance layers. The purpose of the Bermudan-style call option is to allow the reinsurer to minimize their interest rate risk exposure on making fixed coupon payments under prevailing interest rates. A sensitivity analysis is performed to determine the impact of uncertainty in the frequency and magnitude of hurricanes on the price of the CAT bond. Results indicate that while the CAT bond is highly sensitive to the natural variability in the frequency of landfalling hurricanes between El Ninõ and non-El Ninõ years, it remains relatively insensitive to uncertainty in the magnitude of damages. In addition, results indicate that the maximum price of the CAT bond is insensitive to whether it is engineered to cover low frequency high magnitude events in a 'high' reinsurance layer relative to high frequency low magnitude events in a 'low' reinsurance layer. Also, while it is possible for the reinsurer to minimize their interest rate risk exposure on the fixed coupon payments, the impact of this risk on the price of the CAT bond appears small relative to the natural variability in the CAT bond price, and consequently catastrophic risk, due to uncertainty in the frequency and magnitude of landfalling hurricanes.

Sickness allowance histories among disability retirees due to mental disorders: A retrospective case-control study.

Science.gov (United States)

Laaksonen, Mikko; Blomgren, Jenni; Tuulio-Henriksson, Annamari

2016-05-01

The aim was to describe sickness allowance histories before disability retirement due to mental disorders and to examine whether receiving sickness allowance due to mental disorders and somatic conditions predicts future disability retirement. Pre-retirement sickness allowance histories were traced backwards for 7 years among Finnish residents aged 25-64 years who had retired due to mental disorders in 2011 (n=5.544). For each retiree, five sex- and age-matched controls were drawn from the non-retired population. Conditional logistic regression was used to calculate the risk for disability retirement by sickness allowance history and to control for the effects of educational level, social class, marital status and the urbanisation level of the municipality. The proportion of sickness allowance recipients increased steadily during the years preceding disability retirement, and was highest among those who retired due to bipolar disorders or depression. Those who had received sickness allowance due to mental disorders 6-7 years earlier had 6.5 times higher risk and those with sickness allowance 1-2 years earlier 11.7 times higher risk for disability retirement. Sickness allowance due to somatic conditions increased the risk for disability retirement 1.6-1.9 times. Sickness allowance most strongly predicted retirement due to bipolar disorders and depression. Adjustment for covariates had little effect. Those who retired due to mental disorders more often had sickness allowance due to both mental disorders and somatic conditions, but in particular sickness allowance due to mental disorders predicted disability retirement due to mental disorders. © 2015 the Nordic Societies of Public Health.

Russian Federation Financial Sector Assessment Program : Insurance Core Principles Assessment

OpenAIRE

World Bank; International Monetary Fund

2016-01-01

With about RUB 988bn (USD 26bn) in gross premium written, in 2014, the Russian insurance industry ranked 27th in the world. Non-life insurance premium accounted for 89 percent of GPW while life insurance for only 11 percent. In 2015, the industry also faced with the consequences of the Western economic sanctions which effectively closed access to the high quality Western reinsurance capaci...

75 FR 76950 - Submission for OMB Review; Comment Request

Science.gov (United States)

2010-12-10

... to FCIC. The Standard Reinsurance Agreement is a financial agreement between FCIC and the company to... the proper performance of the functions of the agency, including whether the information will have... operational capability of delivering the crop insurance program and for evaluating the insurer's performance...

Inflation in DoD Medical Care

National Research Council Canada - National Science Library

Goldberg, Matthew

1997-01-01

The Defense Health Program (DHP) is appropriated funds to provide medical care to active-duty military personnel and their family members, military retirees and their family members, and other eligible beneficiaries...

Inpatient Data Supporting the DOD Military Retirement Health Benefits Liability Estimate

National Research Council Canada - National Science Library

Lane, F

2000-01-01

.... Military retirement health benefits are post-retirement benefits that DoD provides to military retirees and other eligible beneficiaries through the Civilian Health and Medical Program of the Uniformed Services (Purchased Care...

5 CFR 842.611 - Post-retirement election of a fully reduced annuity or one-half reduced annuity to provide a...

Science.gov (United States)

2010-01-01

... paragraphs (b) and (c) of this section, when a retiree's marriage terminates after retirement, the retiree... annuity. Such an election must be filed with OPM within 2 years after the retiree's marriage to the former... equal to the difference between the amount of annuity actually paid to the retiree and the amount of...

Pricing catastrophic bonds for earthquakes in Mexico

OpenAIRE

Cabrera, Brenda López

2006-01-01

After the occurrence of a natural disaster, the reconstruction can be financed with catastrophic bonds (CAT bonds) or reinsurance. For insurers, reinsurers and other corporations CAT bonds provide multi year protection without the credit risk present in reinsurance. For investors CAT bonds offer attractive returns and reduction of portfolio risk, since CAT bonds defaults are uncorrelated with defaults of other securities. As the study of natural catastrophe models plays an important role in t...

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Science.gov (United States)

2010-07-01

... nation's civilian sector providers in certain areas. The Director, TRICARE Management Activity shall... not balance bill any amount in excess of the maximum payment allowable by the TRDP. Enrollees using... later for that geographic area (as defined by three-digit zip code). (k) Appeal procedures. All levels...

Recycling Mentors: an intergenerational, service-learning program to promote recycling and environmental awareness.

Science.gov (United States)

D'abundo, Michelle L; Fugate-Whitlock, Elizabeth I; Fiala, Kelly A

2011-01-01

The purpose of Recycling Mentors was to implement an intergenerational, service-learning program focused on promoting recycling and environmental awareness among students enrolled in Community Health (HEA 301) and Current Issues in Gerontology (GRN 440/540) and adults older than 60 years. Recycling Mentors was conducted in New Hanover County (NHC), North Carolina, where a moderate climate and coastal location attracts many tourists, retirees, and college students. A community like NHC is a good place to implement service-learning that educates both students and older adults about the benefits of recycling to individual health and the environment. During the Fall 2009 semester, undergraduate and graduate students completed institutional review board training and then conducted the program with older adults. The education component of Recycling Mentors included a pre/post survey, brochure, and scheduled visits. Overall, Recycling Mentors was positive service-learning experience with students identifying salient outcomes such as learning about recycling and the environment and working with older adults. In addition, teaching the education component of Recycling Mentors was good practice for students who will be the future health professionals. While service-learning and environmentally themed projects are common, a program that combines the 2 like Recycling Mentors is unique and has the potential to motivate individual change while positively impacting the local community and the environment.

Midlife work ability and mobility limitation in old age among non-disability and disability retirees--a prospective study.

Science.gov (United States)

von Bonsdorff, Monika E; Rantanen, Taina; Törmäkangas, Timo; Kulmala, Jenni; Hinrichs, Timo; Seitsamo, Jorma; Nygård, Clas-Håkan; Ilmarinen, Juhani; von Bonsdorff, Mikaela B

2016-02-16

Little is known about the wellbeing and mobility limitation of older disability retirees. Personal and environmental factors, such as time spent in working life, may either exacerbate or mitigate the onset of mobility limitation in general population. We aimed to study perceived midlife work ability as a determinant of self-reported mobility limitation in old age among municipal employees who transitioned into non-disability and disability retirement. 4329 participants of the Finnish Longitudinal Study of Municipal Employees (FLAME) had retired during January 1985 and July 2000. They had data on retirement, perceived work ability in 1985, and self-reported mobility limitation (non-disability retirement n = 2870, men 39%; and diagnose-specific disability retirement n = 1459, men 48%). Self-reported mobility was measured in 1985, 1992, 1997 and 2009. The latest score available was used to assess the number of mobility limitation. Work ability was measured by asking the respondents to evaluate their current work ability against their lifetime best in 1985. Incidence rate ratios (IRRs) and 95% confidence intervals (CIs) for work ability predicting mobility limitation in non-disability and diagnose-specific disability retirement groups were calculated using Poisson regression models. The prevalence of mobility limitation for those who transitioned into non-disability retirement (Incidence Rate, IR = 0.45, 95% CI = 0.44-0.46) was lower compared to those who retired due to disability (IR = 0.65, CI = 0.63-0.66). A one-point increase in the work ability score decreased the risk for having one more mobility limitation among non-disability and all diagnose-specific retirement groups (musculoskeletal disease, cardiovascular disease, mental disorder, and other diseases). Better midlife work ability may protect from old age mobility limitation among those who retire due to non-disability and disability. Promoting work ability in midlife may lead to more independent, active

5 CFR 843.406 - Proof of dependency.

Science.gov (United States)

2010-01-01

... natural child who lived with the employee or retiree in a regular parent-child relationship at the time of... who did not live with the employee or retiree in a regular parent-child relationship and for whom a... considerable value; (5) Proof of coverage of the child as a family member under the employee's or retiree's...

78 FR 47671 - Proposed Information Collection; Comment Request; Benchmark Survey of Insurance Transactions by U...

Science.gov (United States)

2013-08-06

... Officer, Department of Commerce, Room 6616, 14th and Constitution Avenue NW., Washington, DC 20230, or via...: (1) drop questions on finite reinsurance because finite reinsurance is a dated concept that is no... email. III. Data OMB Control Number: 0608-0073. Form Number: BE-140. Type of Review: Regular submission...

The United States nuclear insurance program: an update of recent developments and trends

International Nuclear Information System (INIS)

Cummings, L.G.

1978-01-01

There are numerous developments concerning nuclear insurance in the United States at present. The debate on the constitutionality of the Price-Anderson Act questions the principle of the limitation of the operators liability. The insurance market is undergoing changes with the reorganisation of the four main pools, NELIA (Nuclear Energy Liability Insurance Association), NEPIA (Nuclear Energy Property Insurance Association), MAELU (Mutual Atomic Energy Liability Underwriters), MAERP (Mutual Atomic Energy Reinsurance Pool). Insurance premiums for damage have been revised on several occasions following industrial demand and the development of the insurance market capacity. (NEA) [fr

26 CFR 1.957-2 - Controlled foreign corporation deriving income from insurance of United States risks.

Science.gov (United States)

2010-04-01

... classes of stock entitled to vote is owned within the meaning of section 958(a), or is considered as owned... foreign corporation during such taxable year which are attributable to the reinsuring and the issuing of... year which are attributable to the reinsuring and the issuing of insurance and annuity contracts in...

Comparison of asbestos-associated respiratory disease by medical examination between shipyard retiree and workers of active service with asbestos exposure

International Nuclear Information System (INIS)

Ikeda, Tooru; Yoshida, Toshiaki; Fujisawa, Hiroyuki; Tanaka, Ayako; Ikeda, Hideki; Kawano, Hiroaki

2009-01-01

We examined 407 shipyard workers with asbestos exposure (406 men and one woman; mean age, 60.4 years) for asbestos-associated respiratory disease using the multi-slice chest CT in addition to the regular examinations. After the examination, workers with suspicion of malignancy by the multi-slice CT, other examinations including biopsy were performed to make the final diagnosis. We divided these people into two groups as follows; retiree (133 cases, 132 men and one woman; mean age, 65.9 years) and workers of shipyard active service (274 cases, all men, mean age, 57.6 years). We compared the incidence of asbestos-associated respiratory disease, age, incubation time and work period at asbestos exposure in these two groups. 97 of 133 (72.9%) retired workers and 94 of 274 (34.4%) active service had asbestos-associated respiratory disease as follows: pleural plaque without calcification, 25 cases (18.8%) (retired) and 35 (12.8%) (active service); pleural plaque with calcification, 65 (48.7%) and 51 (18.6%); diffuse pleural thickening, 0 (0%) and 0 (0%); asbestosis, 5 (3.8%) and 6 (2.2%); lung cancer, 1 case (0.8%) and 2 cases (0.7%) and malignant pleural mesothelioma 1 case (0.8%) and none (0%). The rate of workers with total asbestos-associated respiratory disease in the retired group was significantly higher than that in active service (P<0.01). Especially pleural plaque with calcification were detected more in shipyard retired workers than active service workers. The incidence of pleural plaque is related to age and incubation time but not to work period at asbestos exposure. (author)

Practice of Adult Education--Older Adults, Tourism, and Learning in Yellowstone

Science.gov (United States)

Roberson, Donald N., Jr.

2005-01-01

The purpose of this article is to present a program of learning for older adults in a national park. Because of the growing trend of tourism among retirees this learning during leisure is gaining prominence. The paper brings together the concepts of aging, self-directed learning, and tourism and leisure. In addition this paper presents a…

26 CFR 1.338-11 - Effect of section 338 election on insurance company targets.

Science.gov (United States)

2010-04-01

... premium for the contracts were equal to old target's tax reserves for the contracts. See § 1.197-2(g)(5... section. (2) Reinsurance premium. Old target is deemed to pay a gross amount of premium in the assumption... decrease in old T's reserves, which is taxable income to old T, the reinsurance premium paid by old T is...

Evolution of seismic risk management for insurance over the past 30 years

Science.gov (United States)

Shah, Haresh C.; Dong, Weimin; Stojanovski, Pane; Chen, Alex

2018-01-01

During the past 30 years, there has been spectacular growth in the use of risk analysis and risk management tools developed by engineers in the financial and insurance sectors. The insurance, the reinsurance, and the investment banking sectors have enthusiastically adopted loss estimation tools developed by engineers in developing their business strategies and for managing their financial risks. As a result, insurance/reinsurance strategy has evolved as a major risk mitigation tool in managing catastrophe risk at the individual, corporate, and government level. This is particularly true in developed countries such as US, Western Europe, and Japan. Unfortunately, it has not received the needed attention in developing countries, where such a strategy for risk management is most needed. Fortunately, in the last five years, there has been excellent focus in developing "InsurTech" tools to address the much needed "Insurance for the Masses", especially for the Asian Markets. In the earlier years of catastrophe model development, risk analysts were mainly concerned with risk reduction options through engineering strategies, and relatively little attention was given to financial and economic strategies. Such state-of-affairs still exists in many developing countries. The new developments in the science and technologies of loss estimation due to natural catastrophes have made it possible for financial sectors to model their business strategies such as peril and geographic diversification, premium calculations, reserve strategies, reinsurance contracts, and other underwriting tools. These developments have not only changed the way in which financial sectors assess and manage their risks, but have also changed the domain of opportunities for engineers and scientists. This paper will address the issues related to developing insurance/reinsurance strategies to mitigate catastrophe risks and describe the role catastrophe risk insurance and reinsurance has played in managing

Midlife work ability and mobility limitation in old age among non-disability and disability retirees - a prospective study

Directory of Open Access Journals (Sweden)

Monika E. von Bonsdorff

2016-02-01

Full Text Available Abstract Background Little is known about the wellbeing and mobility limitation of older disability retirees. Personal and environmental factors, such as time spent in working life, may either exacerbate or mitigate the onset of mobility limitation in general population. We aimed to study perceived midlife work ability as a determinant of self-reported mobility limitation in old age among municipal employees who transitioned into non-disability and disability retirement. Methods 4329 participants of the Finnish Longitudinal Study of Municipal Employees (FLAME had retired during January 1985 and July 2000. They had data on retirement, perceived work ability in 1985, and self-reported mobility limitation (non-disability retirement n = 2870, men 39 %; and diagnose-specific disability retirement n = 1459, men 48 %. Self-reported mobility was measured in 1985, 1992, 1997 and 2009. The latest score available was used to assess the number of mobility limitation. Work ability was measured by asking the respondents to evaluate their current work ability against their lifetime best in 1985. Incidence rate ratios (IRRs and 95 % confidence intervals (CIs for work ability predicting mobility limitation in non-disability and diagnose-specific disability retirement groups were calculated using Poisson regression models. Results The prevalence of mobility limitation for those who transitioned into non-disability retirement (Incidence Rate, IR = 0.45, 95 % CI = 0.44–0.46 was lower compared to those who retired due to disability (IR = 0.65, CI = 0.63–0.66. A one-point increase in the work ability score decreased the risk for having one more mobility limitation among non-disability and all diagnose-specific retirement groups (musculoskeletal disease, cardiovascular disease, mental disorder, and other diseases. Conclusions Better midlife work ability may protect from old age mobility limitation among those who retire due to non

Comparing replacement rates under private and federal retirement systems.

Science.gov (United States)

Martin, Patricia P

One measure of the adequacy of retirement income is replacement rate - the percentage of pre-retirement salary that is available to a worker in retirement. This article compares salary replacement rates for private-sector employees of medium and large private establishments with those for federal employees under the Civil Service Retirement System and the Federal Employees Retirement System. Because there is no standard benefit formula to represent the variety of formulas available in the private sector, a composite defined benefit formula was developed using the characteristics of plans summarized in the Bureau of Labor Statistics Medium and Large Employer Plan Survey. The resulting "typical" private-sector defined benefit plan, with an accompanying defined contribution plan, was then compared with the two federal systems. The Civil Service Retirement System (CSRS) is a stand-alone defined benefit plan whose participants are not covered by Social Security. Until passage of the 1983 Amendments to Social Security Act, it was the only retirement plan for most federal civilian employees. Provisions of the 1983 Amendments were designed to restore long-term financial stability to the Social Security trust funds. One provision created the Federal Employees Retirement System (FERS), which covers federal employees hired after 1983. It was one of the provisions designed to restore long-term financial stability to the Social Security trust funds. FERS employees contribute to and are covered by Social Security. FERS, which is a defined benefit plan, also includes a basic benefit and a 401(k)-type plan known as the Thrift Savings Plan (TSP). To compare how retirees would fare under the three different retirement systems, benefits of employees retiring at age 65 with 35 years of service were calculated using hypothetical workers with steady earnings. Workers were classified according to a percentage of the average wage in the economy: low earners (45 percent), average earners

Ecuaciones de recurrencia estocásticas en el cálculo de la prima de reaseguro Finite Risk.

Directory of Open Access Journals (Sweden)

Pons Cardell, Mª Angels

2013-06-01

Full Text Available The aim of this paper is to calculate the renewal premium of finite risk reinsurance under the assumption that the interest rate shows a stochastic evolution. The problem of the convolution of the random variables involved in the calculation of the premium has been solved by simulating claim paths using the Monte-Carlo method and applying three financial decision criteria: the expected value, the variance and the standard deviation. In the last two criteria we propose to use a stochastic recurrence equation to avoid the problem of dependence between stochastic capitalization factors. The application of the variance criterion and of the standard deviation criterion has allowed us to obtain the reinsurance premium depending on the level of risk aversion of the reinsurer and the volatility of the interest rate

Reserve Component Manpower Readiness and Mobilization Policy. Volume 2. Based on the Colloquium on Mobilization with Special Emphasis on Guard and Reserve Components, 1-4 November 1983

Science.gov (United States)

1984-03-16

of Liberal Arts Rand Graduate Institute Syracuse Univ., College of Arts & Sciences Texas ASM Univ., College of Liberal Arts Tulane Univ., School of...and actuarial factors. Because tne Services have inadequate ,»rsonnel management data on the Reserve retiree population, inventory changes are...Manpower Data Center (DMDC) Office of the DoD Actuary and the respective service FY84-88 Program Objective Memorandum (POM). K/« cjr

SHAREHOLDERS VALUE AND CATASTROPHE BONDS. AN EVENT STUDY ANALYSIS AT EUROPEAN LEVEL

OpenAIRE

Constantin, Laura-Gabriela; Cernat-Gruici, Bogdan; Lupu, Radu; Nadotti Loris, Lino Maria

2015-01-01

Considering that the E.U. based (re)insurance companies are increasingly active within the segment of alternative risk transfer market, the aim of the present paper is to emphasize the impact of issuing cat bonds on the shareholders’ value for highlighting the competitive advantages of the analysed (re)insurance companies while pursuing the consolidation of their resilience in a turbulent economic environment.Eminently an applicative research, the analysis employs an event study methodology w...

[EMPLOYMENT OF THE ELDERLY PEOPLE IN THE EUROPEAN UNION AND UKRAINE: REALITIES, PROBLEMS AND PROSPECTS].

Science.gov (United States)

Prokopenko, N A

2016-01-01

The study focuses on the issue of older people employment in the European Union and Ukraine. We analyzed the relationship of employment for older people and their income, of employment and of the value of index of social capital, life expectancy and income after retirement. It is shown that the employment rate of older people increased even during the economic crisis. The author has outlined the main causes of employment and the fields of activity of retirees. The basic reasons of employment are financial motives. However, motivation does not come from financial necessity, but because of work satisfaction in countries such as Denmark, Austria, Sweden. The main scope of employment of retirees in Ukraine is the industrial sector, but in the EU working retirees 65+ are engaged in agriculture, forestry and fishing sector, self-employment widespread among retirees. The author has outlined the basic directions of pension policy.

Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets.

Science.gov (United States)

Yogo, Motohiro

2016-06-01

In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age.

Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets*

Science.gov (United States)

Yogo, Motohiro

2016-01-01

In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age. PMID:27766005

75 FR 74021 - Renewal of Department of Defense Federal Advisory Committees

Science.gov (United States)

2010-11-30

... of Defense from among qualified professional actuaries who are members of the Society of Actuaries...-Eligible Retiree Health Care Board of Actuaries (hereafter referred to as the ``Board''). The Board is a... statements to the Department of Defense Medicare-Eligible Retiree Health Care Board of Actuaries' membership...

Using the Black Scholes method for estimating high cost illness insurance premiums in Colombia

Directory of Open Access Journals (Sweden)

Liliana Chicaíza

2009-04-01

Full Text Available This article applied the Black-Scholes option valuation formula to calculating high-cost illness reinsurance premiums in the Colombian health system. The coverage pattern used in reinsuring high-cost illnesses was replicated by means of a European call option contract. The option’s relevant variables and parameters were adapted to an insurance market context. The premium estimated by the BlackScholes method fell within the range of premiums estimated by the actuarial method.

Nuclear Insurance Pools: Worldwide Practice and Development

International Nuclear Information System (INIS)

Reitsma, S. M. S.

1998-01-01

The development of nuclear installations to produce electricity led to the establishment of Nuclear Insurance Pools and the introduction of international Conventions on Third Party Liability. Nuclear Pools offer both Third Party Liability insurance, reflecting the Conventions' principles, and other insurance products. They are market-wide, providing a facility for participation by insurers who could not otherwise write the insurance for the particularly sensitive nuclear risk. All acceptances are for the net retention of each Member without recourse to individual reinsurance protection. Common account reinsurance is arranged with other Nuclear Pools all over the world. Thus, a transparency is created, which ensures the highest degree of reinsurance security and imposes a known finite limit to each participating insurer's commitment. Therefore, Pool-members are prepared to make a greater commitment to nuclear risks than would be case where they felt uncertain as regards their total exposure following a significant loss. (author)

Post-Retirement Satisfaction among Ghanaian Workers –The Case ...

African Journals Online (AJOL)

The general purpose of this study was to find out the factors that contributed to or accounted for post-retirement satisfaction among Ghanaian workers; and whether teacher retirees and non-teacher retirees differ in their post-retirement satisfaction with all those factors that account for post-retirement satisfaction.

Spirituality and optimism as buffer of sense of coherence among ...

African Journals Online (AJOL)

This study examined the buffering influence of spirituality and optimism on sense of coherence among imminent retirees in Lagos State, Nigeria. The study adopted a descriptive survey utilizing an expost-facto research design. Six hundred and five imminent retirees constituted the participants for the study. Through the use ...

76 FR 14074 - Notice of Proposed Amendment to Prohibited Transaction Exemption (PTE) 2010-08 Involving Ford...

Science.gov (United States)

2011-03-15

... Proposed Amendment to Prohibited Transaction Exemption (PTE) 2010-08 Involving Ford Motor Company, Located... Security Act of 1974 (the Act or ERISA). The transactions involve the UAW Ford Retirees Medical Benefits Plan (the Ford VEBA Plan) and its funding vehicle, the UAW Retiree Medical Benefits Trust (the VEBA...

Understanding legacy liabilities

Energy Technology Data Exchange (ETDEWEB)

Ossi, G.J. [Venable, LLP (United States)

2005-08-01

Among the most immediate issues facing operations with a workforce represented by the United Mine Workers of America (UMWA) are the so-called 'legacy liabilities'. Legacy liabilities fall under two categories: retiree health care and pension. The retiree health benefit obligations fall into two categories; statutory - those created under the Coal Industry Retiree Health Benefit Act of 1992 and contractual - the 1993 Employer Benefit Plan and the Individual Employer Plans. The pension liabilities are more straightforward; there are three different retirement plans in the NBCWA; the UMWA 1950 Pension Plan, the UMWA 1974 Pension Plan and the UMWA Cash Deferred Savings Plan of 1988.

Development of the Catastrophe Bonds and their correlation with other financial instruments

OpenAIRE

Čavojec, Ján

2009-01-01

This master thesis discusses the niche of reinsurance business -- catastrophe bonds. It provides a brief description of reinsurance in general, insurance-linked securities and catastrophe bonds. The goal of this thesis is to describe the development of cat bond market and the influence of economic and natural shocks on it. In order to analyze the effect, quarter issuance data are used together with Swiss Re Cat Bonds return indexes. In addition, several other variables (i.e. Munich Re and Swi...

5 CFR 843.303 - Marriage duration requirements.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Marriage duration requirements. 843.303... Former Spouse Benefits § 843.303 Marriage duration requirements. (a) The current spouse of a retiree, an... marriage, as explained in paragraph (c) of this section; or (3) The death of the retiree, employee, or...

Support to the Air Force Installation and Mission Support Center: Enabling AFIMSC’s Role in Agile Combat Support Planning, Execution, Monitoring, and Control

Science.gov (United States)

2017-06-23

development, test, and evaluation; and supply chain management —and also quality-of-life support to military members, their families, retirees, and so on...AFIMSC and Air Education and Training Command Director of Logistics (AETC/A4) at a time when AFIMSC was being established to focus on managing the...operations of new ACS global management organizations.3 1 Program Action Directive (PAD) 14-04, Implementation of the Air Force Installation and

Retirement Income Security and Well-Being in Canada

OpenAIRE

Michael Baker; Jonathan Gruber; Kevin S. Milligan

2009-01-01

A large international literature has documented the labor market distortions associated with social security benefits for near-retirees. In this paper, we investigate the 'other side' of social security programs, seeking to document improvements in wellbeing arising from the provision of public pensions. To the extent households adjust their savings and employment behavior to account for enhanced retirement benefits, the positive impact of the benefits may be crowded out. We proceed by using ...

The Counsellor's Role In Pre-Retirement Education In Nigeria ...

African Journals Online (AJOL)

Many Nigerian workers are scared at the mention of the word retirement. This is because of the unpleasant experiences of the past retirees in terms of the delay and difficulties encountered in getting their retirement benefits – gratuity and pension. Unfortunately, some retirees have died out of frustration and in abject poverty ...

A race against time: can CO-OPs and provider start-ups survive in the health insurance marketplaces?

Science.gov (United States)

Eggbeer, Bill

2015-12-01

> The Affordable Care Act's state and federal health insurance marketplaces, designed to provide affordable insurance coverage to individuals and small groups, are proving hostile territory to new market entrants. Efforts to inject competition into the marketplaces are being challenged by the wide-scale withdrawal o consumer-operated and oriented plans (CO-OPs). Meanwhile, premiums appear likely to increase for consumers as plans seek to balance medical losses. Flaws in the "Three R's" (reinsurance, risk corridors, and risk-adjustment) program are viewed as a threat to the survival of CO-OPs and start-ups.

76 FR 8352 - Meeting of a Federal Advisory Committee

Science.gov (United States)

2011-02-14

... committee meeting of the DoD Medicare-Eligible Retiree Health Care Board of Actuaries will take place: DATES... 22203. FOR FURTHER INFORMATION CONTACT: Margot Kaplan at the DoD Office of the Actuary, 4040 N. Fairfax... desiring to attend the DoD Medicare-Eligible Retiree Health Care Board of Actuaries meeting or make an oral...

Retirement is associated with change in self-esteem.

Science.gov (United States)

Bleidorn, Wiebke; Schwaba, Ted

2018-05-07

We examined the course of self-esteem during the transition to retirement in a sample of 690 retirees (ages 51-81) and a propensity-score matched-comparison group of 515 nonretirees drawn from a nationally representative longitudinal study in the Netherlands. The average retiree decreased in self-esteem in the 5 years before retirement and remained stable in self-esteem in the 5 years following retirement. We also found significant individual differences in retirees' self-esteem trajectories but failed to identify moderators that may account for these individual differences. We discuss the implications of these results for theory and future research on life span self-esteem development. (PsycINFO Database Record (c) 2018 APA, all rights reserved).

5 CFR 831.665 - Payment of deposits under § 831.631, § 831.632, § 831.682, or § 831.684 under pre-October 1, 1993...

Science.gov (United States)

2010-01-01

... installments equal to 25 percent of the retiree's net annuity (as defined in § 838.103 of this chapter). (b) If... of the post-retirement marriage or divorce, the deposit will be collected by offset from his or her annuity in installments equal to 25 percent of the retiree's net annuity (as defined in § 838.103 of this...

Imperfect Annuity Markets, Unintended Bequests, and the Optimal Age Structure of Social Security Benefits

OpenAIRE

Martin Feldstein

1989-01-01

The social security program now provides a constant real benefit throughout each retirees lifetime. This paper examines whether total welfare would rise if benefits were lower in early retirement years (when most individuals have some saving with which to finance consumption) and higher in later years (when the uncertainty of survival and the absence of actuarially fair private annuities makes the availability of social security benefits more important.) The analysis shows that there is a pot...

Stochastic optimization in insurance a dynamic programming approach

CERN Document Server

Azcue, Pablo

2014-01-01

The main purpose of the book is to show how a viscosity approach can be used to tackle control problems in insurance. The problems covered are the maximization of survival probability as well as the maximization of dividends in the classical collective risk model. The authors consider the possibility of controlling the risk process by reinsurance as well as by investments. They show that optimal value functions are characterized as either the unique or the smallest viscosity solution of the associated Hamilton-Jacobi-Bellman equation; they also study the structure of the optimal strategies and show how to find them. The viscosity approach was widely used in control problems related to mathematical finance but until quite recently it was not used to solve control problems related to actuarial mathematical science. This book is designed to familiarize the reader on how to use this approach. The intended audience is graduate students as well as researchers in this area.

Optimal Control for Insurers with a Jump-diffusion Risk Pro cess

Institute of Scientific and Technical Information of China (English)

WU Kun; XIAO Jian-wu; LUO Rong-hua

2015-01-01

In this paper, the optimal XL-reinsurance of an insurer with jump-diffusion risk process is studied. With the assumptions that the risk process is a compound Possion pro-cess perturbed by a standard Brownian motion and the reinsurance premium is calculated according to the variance principle, the implicit expression of the priority and corresponding value function when the utility function is exponential are obtained. At last, the value func-tion is argued, the properties of the priority about parameters are discussed and numerical results of the priority for various claim-size distributions are shown.

Strengthening the weak link: Built Environment modelling for loss analysis

Science.gov (United States)

Millinship, I.

2012-04-01

Methods to analyse insured losses from a range of natural perils, including pricing by primary insurers and catastrophe modelling by reinsurers, typically lack sufficient exposure information. Understanding the hazard intensity in terms of spatial severity and frequency is only the first step towards quantifying the risk of a catastrophic event. For any given event we need to know: Are any structures affected? What type of buildings are they? How much damaged occurred? How much will the repairs cost? To achieve this, detailed exposure information is required to assess the likely damage and to effectively calculate the resultant loss. Modelling exposures in the Built Environment therefore plays as important a role in understanding re/insurance risk as characterising the physical hazard. Across both primary insurance books and aggregated reinsurance portfolios, the location of a property (a risk) and its monetary value is typically known. Exactly what that risk is in terms of detailed property descriptors including structure type and rebuild cost - and therefore its vulnerability to loss - is often omitted. This data deficiency is a primary source of variations between modelled losses and the actual claims value. Built Environment models are therefore required at a high resolution to describe building attributes that relate vulnerability to property damage. However, national-scale household-level datasets are often not computationally practical in catastrophe models and data must be aggregated. In order to provide more accurate risk analysis, we have developed and applied a methodology for Built Environment modelling for incorporation into a range of re/insurance applications, including operational models for different international regions and different perils and covering residential, commercial and industry exposures. Illustrated examples are presented, including exposure modelling suitable for aggregated reinsurance analysis for the UK and bespoke high resolution

Ideas for Improving Retirement Wellness.

Science.gov (United States)

Rappaport, Anna M

Employers can and should take steps to support retirement and financial wellness. This article provides a framework for retirement wellness informed by research conducted or supported by the Society of Actuaries. Research insights about Americans' finances, planning, decisions, money management, debt, retiree income shocks and other areas point to ways employers can provide retirement wellness support as a vital part of an overall benefit program. The author suggests several key considerations employers should pay attention to in order to improve retirement wellness.

Predictors of happiness among retired from urban and rural areas in Brazil

Directory of Open Access Journals (Sweden)

Silvia Miranda Amorim

2017-03-01

Full Text Available Abstract This study compared differences in degree of happiness, social support, activities performed, and health and economic situation among retirees from urban and rural areas in Minas Gerais State in Brazil. The influences of these predictors over individuals’ level of happiness were also analyzed. We included 279 retired individuals living in Abre Campo (a municipality with a population fewer than 20,000 inhabitants, which is considered a rural area and in Belo Horizonte (a municipality with a population of almost 2.5 million inhabitants, which is considered an urban area. Participants responded to a questionnaire that included scales of happiness, social support, diversity of activities, and issues about satisfaction with health and economic situation. Retirees from the urban area had a higher happiness level than retirees from the rural area (β= 0.16. The most important predictors of happiness were health (β= 0.42, social support (β= 0.26, and economic situation (β= 0.15, but no moderation effects of urban and rural areas were found. Our findings support the implementation of actions to offer financial planning before retirement and to stimulate social support and health promotion for retirees, particularly given the importance of these factors in perception of happiness.

Restructuring Employee Benefits to Meet Health Care Needs in Retirement.

Science.gov (United States)

Ward, Richard M; Weinman, Robert B

2015-01-01

Health care expenses in retirement are the proverbial elephant in the room. Most employees don't know how big the elephant is. As Medicare solvency and retiree health care issues receive increasing attention, it is time to rethink overall benefit approaches and assess what is appropriate and affordable for an organization to help achieve workforce renewal goals and solve delayed retirement challenges. Just as Medicare was never designed to cover all of the post-65 retiree health care costs, neither is a workplace retirement plan designed to cover 100% of preretiree income. Now employers can consider strategies that may better equip retirees to meet both income needs and health care expenses in the most tax-efficient way. By combining defined contribution retirement and health care plans, employers have the power to increase benefits for employees while maintaining total benefits cost.

Pricing index-based catastrophe bonds: Part 1: Formulation and discretization issues using a numerical PDE approach

Science.gov (United States)

Unger, André J. A.

2010-02-01

This work is the first installment in a two-part series, and focuses on the development of a numerical PDE approach to price components of a Bermudan-style callable catastrophe (CAT) bond. The bond is based on two underlying stochastic variables; the PCS index which posts quarterly estimates of industry-wide hurricane losses as well as a single-factor CIR interest rate model for the three-month LIBOR. The aggregate PCS index is analogous to losses claimed under traditional reinsurance in that it is used to specify a reinsurance layer. The proposed CAT bond model contains a Bermudan-style call feature designed to allow the reinsurer to minimize their interest rate risk exposure on making substantial fixed coupon payments using capital from the reinsurance premium. Numerical PDE methods are the fundamental strategy for pricing early-exercise constraints, such as the Bermudan-style call feature, into contingent claim models. Therefore, the objective and unique contribution of this first installment in the two-part series is to develop a formulation and discretization strategy for the proposed CAT bond model utilizing a numerical PDE approach. Object-oriented code design is fundamental to the numerical methods used to aggregate the PCS index, and implement the call feature. Therefore, object-oriented design issues that relate specifically to the development of a numerical PDE approach for the component of the proposed CAT bond model that depends on the PCS index and LIBOR are described here. Formulation, numerical methods and code design issues that relate to aggregating the PCS index and introducing the call option are the subject of the companion paper.

An Application of EVT, GPD and POT Methods in the Albanian Insurance Market

Directory of Open Access Journals (Sweden)

Enkeleda Shehi

2015-03-01

Full Text Available Despite its relatively fast development, the insurance sector in Albania suffers from laco of experience, and lack of a database with historical records to make risk assessments feasible and to enable risk calculation. Consequently the newly established companies that operate in the insurance market in Albania cope with difficulties to make accurate calculations of reinsurance premium, i.e. the premium paid by a ceding company to an reinsurer in exchange of the liability assumed by the reinsurer. Given the situation, this research paper aims to provide an alternative way to make pure premium estimations. We have taken in consideration a dataset of fire insurance and other perils' claims, which have taken place in the Albanian insurance market during 2007 t 2014 period. Prices have been inflated to take into account the inflation of the period. There are n=401 fire insurance and other peril losses, the largest of them is Euro 1.203.798, the average is 20.156 Euro and the standard deviation is s= 83.037 Euro. The skewness coefficient of 9,94, indicates that the right tail is heavy, with considerable scope for llarge losses.

Open forum: Question and responses

International Nuclear Information System (INIS)

Schulze, R.H.; Krupa, S.; Shen, T.T.

1993-01-01

The question addressed in this section is: With the end of the Cold War and the exchange of information improving between East and West, what roles should government agencies and non-government organizations from developed countries play in assisting less developed countries in developing a stronger environmental protection program? Responses presented here were obtained from Richard H. Schulze (President of Trinity Consultants, Inc.), Sagar Krupa (Professor, Department of Plant Pathology, University of Minnesota), and Thomas T. Shen (Ph.D., D.AAEE, Retiree of the New York Department of Environmental Conservation)

Love or Money? Health Insurance and Retirement Among Married Couples

OpenAIRE

Kanika Kapur; Jeannette Rogowski

2006-01-01

This paper examines the role of employer provided health insurance in the retirement decisions of dual working couples. The near elderly have high-expected medical expenditures; therefore, availability of health insurance is an important factor in their retirement decisions. We determine if access to retiree health insurance for early retirement enables couples to time their retirement together %u2013 a behavior called %u201Cjoint retirement.%u201D We find that wives%u2019 retiree health insu...

How do retirement dynamics influence mental well-being in later life? A 10-year panel study.

Science.gov (United States)

Dingemans, Ellen; Henkens, Kène

2015-01-01

Empirical studies have consistently shown the negative impact of involuntary retirement on mental well-being. However, few studies have thus far investigated the degree to which post-retirement work affects late-life outcomes. The present study improves our understanding of the impact of retirement on the self-efficacy and life satisfaction among older adults by focusing on the combined impact of retirement voluntariness and participation in post-retirement work. By using panel data on retirement behavior in the Netherlands, we estimate fixed effects and multilevel models to explain (intra-)individual changes in self-efficacy and life satisfaction over a 10-year period in which most participants made the transition to retirement. The results indicate that involuntary retirement is associated with decreases in both self-efficacy and life satisfaction in later life. Whereas involuntary retirees who participate in bridge jobs show no changes in life satisfaction, those involuntary retirees without bridge jobs experience a decline in life satisfaction. In addition, we found enhanced levels of life satisfaction for voluntary retirees in bridge employment. The association with self-efficacy was less pronounced. These results suggest that the characteristics of the retirement process influence changes in mental well-being in later life. Specifically, bridge employment alleviates the negative consequences of involuntary retirement and even seems to enhance post-retirement well-being for voluntary retirees.

Capturing spatial and temporal patterns of widespread, extreme flooding across Europe

Science.gov (United States)

Busby, Kathryn; Raven, Emma; Liu, Ye

2013-04-01

Statistical characterisation of physical hazards is an integral part of probabilistic catastrophe models used by the reinsurance industry to estimate losses from large scale events. Extreme flood events are not restricted by country boundaries which poses an issue for reinsurance companies as their exposures often extend beyond them. We discuss challenges and solutions that allow us to appropriately capture the spatial and temporal dependence of extreme hydrological events on a continental-scale, which in turn enables us to generate an industry-standard stochastic event set for estimating financial losses for widespread flooding. By presenting our event set methodology, we focus on explaining how extreme value theory (EVT) and dependence modelling are used to account for short, inconsistent hydrological data from different countries, and how to make appropriate statistical decisions that best characterise the nature of flooding across Europe. The consistency of input data is of vital importance when identifying historical flood patterns. Collating data from numerous sources inherently causes inconsistencies and we demonstrate our robust approach to assessing the data and refining it to compile a single consistent dataset. This dataset is then extrapolated using a parameterised EVT distribution to estimate extremes. Our method then captures the dependence of flood events across countries using an advanced multivariate extreme value model. Throughout, important statistical decisions are explored including: (1) distribution choice; (2) the threshold to apply for extracting extreme data points; (3) a regional analysis; (4) the definition of a flood event, which is often linked with reinsurance industry's hour's clause; and (5) handling of missing values. Finally, having modelled the historical patterns of flooding across Europe, we sample from this model to generate our stochastic event set comprising of thousands of events over thousands of years. We then briefly

7 CFR 400.452 - Definitions.

Science.gov (United States)

2010-01-01

...: interlocking management or ownership, identity of interests among family members, shared facilities and..., reinsurance agreement, memorandum, bulletin, handbook, manual, finding, directive, or letter, signed or issued...

Mejor accesibilidad a los seguros de salud para jubilados estadunidenses residentes en México

OpenAIRE

Warner, David C.; Jahnke, Lauren R.

2001-01-01

Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare) is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of livi...

Who pays the bill: insuring against the risks from low level nuclear waste disposal

International Nuclear Information System (INIS)

Cohen, L.

1981-01-01

Long-range financial liability for low-level waste (LLW) activities is not currently assured. Part of the problem with finding an acceptable solution to liability has been a tendency to lump all long-term financial commitments, both risky and anticipated, together. It is suggested that only risks arising from unforeseen technical problems require special federal policies. Other long-term costs are more efficiently handled by traditional private insurance. Special policies are needed, however, for the unforeseen risks. The analysis concludes that state insurance of operators with federal reinsurance may be the most reasonable concept. Reinsurance levels should be set to balance federal information requirements, relative control of the three main parties over outcomes, and solvency requirements

Reaching out to retirees.

Science.gov (United States)

Adigozel, Ozgur; Huber, Celia; Lewis, Greg; Singhal, Shubham

2006-01-01

The numbers pertaining to the approaching demographic boom in health-care-related expenditures are eye-popping: Health-related financial products to help retiring baby boomers deal with out-of-pocket costs alone will generate up to 80 billion dollars in revenues and 8-12 billion dollars in pre-tax profits by 2014. But health insurers will have to refocus their efforts if they want to take full advantage of this opportunity. (For more, see "Turning Subscribers Into Customers: The Future Is Now" in the July/August issue, the first in this two-part series.) Two areas are critical: product innovation to provide comprehensive solutions that meet seniors' needs more effectively, and advice-based distribution that creates privileged customer relationships.

The value of adaptive regret management in retirement.

Science.gov (United States)

Farquhar, Jamie C; Wrosch, Carsten; Pushkar, Dolores; Li, Karen Z H

2013-01-01

This 3-year longitudinal study examined the associations between regret management, everyday activities, and retirement satisfaction among recent retirees. We hypothesized that the regulation of a severe life regret can facilitate activity engagement and retirement satisfaction, but only if retirees manage their regrets adaptively by either increasing effort and commitment when possessing favorable opportunities or disengaging when opportunity is unfavorable. Cross-sectional analyses demonstrated that the highest baseline levels of activity (e.g., volunteering, traveling) and retirement satisfaction were observed among participants who perceived favorable opportunities for addressing their life regrets and had high levels of engagement. Longitudinal analyses showed that this pattern was also associated with increases in activity engagement. In contrast, disengagement protected individuals with unfavorable opportunity from 3-year declines in retirement satisfaction. These findings indicate that adaptive regulation of regrets can both contribute to gains and prevent losses in the early stages of retirement, which may have lasting consequences on retirees' quality of life.

Retirement and drinking outcomes: lingering effects of workplace stress?

Science.gov (United States)

Richman, Judith A; Zlatoper, Kenneth W; Zackula Ehmke, Jennifer L; Rospenda, Kathleen M

2006-05-01

This study assesses the degree to which sexual harassment (SH), generalized workplace abuse (GWA), and psychological workload (PWL) impact drinking behaviors in retirement. A mail survey was completed at four points in time by a cohort of 1654 employees initially drawn from a university workplace. Questionnaires assessed experiences of SH, GWA, PWL and drinking behaviors. Hypotheses were tested involving (1) the extent to which SH, GWA, and PWL experienced while working were associated with frequency and quantity of drinking in retirement, (2) the extent to which drinking levels of retirees differed from those of current employees experiencing similar stress levels, and (3) the extent to which gender moderated these relationships. Retirees reporting earlier stressful work environments report higher levels of alcohol consumption during retirement compared to those retirees reporting less stressful earlier work environments. Gender moderated these relationships. The findings of this study suggest that there may be a residual effect of workplace stress during retirement.

25 years of Deutsche Kernreaktor-Versicherungsgemeinschaft

International Nuclear Information System (INIS)

Hertel, G.

1982-01-01

In May 1982, the Deutsche Kernreaktor-Versicherungsgemeinschaft (German Nuclear Reactor Insurance Pool, DKVG), a pool of 111 insurance companies authorized to do business in the Federal Republic of Germany, had been engaged in the nuclear insurance business successfully for twenty-five years. DKVG is mainly engaged in the re-insurance against damage arising from nuclear power and fires, including the costs of decontamination and cleaning of plants used to split nuclear fuels and facilities and inventories, including the source materials and fuels of such facilities, and against legal third party liability arising from the operation of nuclear facilities, including the storage and disposal of waste and plant components turned radioactive. DKVG can reinsure abroad the risks it covers and, in turn, offer re-insurance of risks insured by foreign nuclear insurance pools. The largest damage to be covered also by DKVG to this day has been the property damage arising from the March 28, 1979 accident at the TMI-2 nuclear power station in the United States. The main problem faced by the nuclear plant insurance business in the Federal Republic of Germany, as in some other countries, is an increase in coverage capacity over a medium term. (orig.) [de

Health insurance take-up by the near-elderly.

Science.gov (United States)

Buchmueller, Thomas C; Ohri, Sabina

2006-12-01

To examine the effect of price on the demand for health insurance by early retirees between the ages of 55 and 64. Administrative health plan enrollment data from a medium-sized U.S. employer. The analysis takes advantage of a natural experiment created by the firm's health insurance contribution policy. The amount the firm contributes toward retiree health insurance coverage depends on when a person retired and her years of service at that date. As a result of this policy, there is considerable variation in out-of-pocket premiums faced by individuals in the data. This variation is independent of the nonprice attributes of the health insurance plans offered and is plausibly exogenous to individual characteristics that are likely to affect the demand for insurance. A probit model is used to estimate the decision to take-up employer-sponsored health insurance by early retirees between the ages of 55 and 64. Demand for insurance is measured as a function of out-of-pocket premiums and a set of individual characteristics. We find that price has a small but statistically significant effect on the decision to take up coverage. Estimated price elasticities range from -0.10 to -0.16, depending on the sample. The implied elasticities are comparable with results found in previous studies using very different data. Our estimates indicate that policy proposals for a Medicare buy-in or a nongroup tax credit will have a modest impact on take-up rates of near-elderly retirees.

Pharmacy Utilization: A Study to Predict BAMC Outpatient Pharmacy Usage by Dual-Eligible Military Retiree/Medicare-Eligible Beneficiaries Resulting From Implementation of the TRICARE Senior Pharmacy Program (TSRx)

National Research Council Canada - National Science Library

Lankowicz, Andrew

2001-01-01

.... The problem that confronted Brooke Army Medical Center (BAMC) was the lack of knowledge about the effect that the TSRx program might have on utilization of the hospital s outpatient pharmacies. A survey (Appendix C...

Savings needed to fund health insurance and health care expenses in retirement: findings from a simulation model.

Science.gov (United States)

Fronstin, Paul; Salisbury, Dallas; VanDerhei, Jack

2008-05-01

MODELING RETIREE HEALTH COSTS: This Issue Brief examines the uncertainty of health care expenses in retirement by using a Monte Carlo simulation model to estimate the amount of savings needed to cover health insurance premiums and out-of-pocket health care expenses. This type of simulation is able to account for the uncertainty related to individual mortality and rates of return, and computes the present value of the savings needed to cover health insurance premiums and out-of-pocket expenses in retirement. These observations were used to determine asset targets for having adequate savings to cover retiree health costs 50, 75, and 90 percent of the time. NOT ENOUGH SAVINGS: Many individuals will need more money than the amounts reported in this Issue Brief because this analysis does not factor in the savings needed to cover long-term care expenses, nor does it take into account the fact that many individuals retire prior to becoming eligible for Medicare. However, some workers will need to save less than what is reported if they keep working in retirement and receive health benefits as active workers. WHO HAS RETIREE HEALTH BENEFITS BEYOND MEDICARE?: About 12 percent of private-sector employers report offering any Medicare supplemental health insurance. This increases to about 40 percent among large employers. Overall, nearly 22 percent of retirees age 65 and older had retiree health benefits in 2005 to supplement Medicare coverage. As recently as 2006, 53 percent of retirees age 65 and older were covered by Medicare Part D, 24 percent had outpatient prescription drug coverage through an employment-based plan. Only 10 percent had no prescription drug coverage. INDIVIDUALLY PURCHASED MEDICARE SUPPLEMENTS, 2008: Among those who purchase Medigap and Medicare Part D prescription drug coverage at age 65 in 2008, men would need between $79,000 and $159,000 with median prescription drug expenses (50th percentile and 90th percentiles, respectively), and between $156

Predictors of working beyond retirement in older workers with and without a chronic disease - results from data linkage of Dutch questionnaire and registry data.

Science.gov (United States)

de Wind, Astrid; Scharn, Micky; Geuskens, Goedele A; van der Beek, Allard J; Boot, Cécile R L

2018-02-17

An increasing number of retirees continue to work beyond retirement despite being eligible to retire. As the prevalence of chronic disease increases with age, working beyond retirement may go along with having a chronic disease. Working beyond retirement may be different for retirees with and without chronic disease. We aim to investigate whether demographic, socioeconomic and work characteristics, health and social factors predict working beyond retirement, in workers with and without a chronic disease. Employees aged 56-64 years were selected from the Study on Transitions in Employment, Ability and Motivation (N = 1125). Questionnaire data on demographic and work characteristics, health, social factors, and working beyond retirement were linked to registry data from Statistics Netherlands on socioeconomic characteristics. Separate prediction models were built for retirees with and without chronic disease using multivariate logistic regression analyses. Workers without chronic disease were more likely to work beyond retirement compared to workers with chronic disease (27% vs 23%). In retirees with chronic disease, work and health factors predicted working beyond retirement, while in retirees without a chronic disease, work, health and social factors predicted working beyond retirement. In the final model for workers with chronic disease, healthcare work, better physical health, higher body height, lower physical load and no permanent contract were positively predictive of working beyond retirement. In the final model for workers without chronic disease, feeling full of life and being intensively physically active for > = 2 days per week were positively predictive of working beyond retirement; while manual labor, better recovery, and a partner who did not support working until the statutory retirement age, were negatively predictive of working beyond retirement. Work and health factors independently predicted working beyond retirement in workers with and

Access to Bridge Employment: Who Finds and Who Does Not Find Work After Retirement?

Science.gov (United States)

Dingemans, Ellen; Henkens, Kène; Solinge, Hanna van

2016-08-01

Empirical studies on the determinants of bridge employment have often neglected the fact that some retirees may be unsuccessful in finding a bridge job. We present an integrative framework that emphasizes socioeconomic factors, health status, social context, and psychological factors to explain why some people fully retired after career exit, some participated in bridge jobs, while others unsuccessfully searched for one. Using Dutch panel data for 1,221 retirees, we estimated a multinomial logit model to explain participation in, and unsuccessful searches for, bridge employment. About 1 in 4 retirees participated in bridge employment after retirement, while 7% searched unsuccessfully for such work. Particularly those who experienced involuntary career exit were found to have a higher probability of being unsuccessful at finding bridge employment. The current study provides evidence for the impact of the social context on postretirement work and suggests a cumulative disadvantage in the work domain in later life. © The Author 2015. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

76 FR 41929 - Patient Protection and Affordable Care Act; Standards Related to Reinsurance, Risk Corridors and...

Science.gov (United States)

2011-07-15

... adjustment model, in an annually updated Federal notice of benefit and payment parameters. In addition to the... uncertainty of insurance risk in the individual market by making payments for high- cost cases. The temporary... program is intended to provide adequate payments to health insurance issuers that attract high-risk...

Nuclear Liability and Insurance for nuclear Damage in Switzerland

International Nuclear Information System (INIS)

Reitsma, S. M. S.

1998-01-01

With nuclear power generating 43% of its total electricity production, Switzerland is amongst the states, employing the highest percentage of nuclear electricity. Although, the country has not ratified any of the international Nuclear Liability Conventions, its Nuclear Third Party Liability Act reflects all the principles, underlying those Conventions. The statutory liability of the operator of a Swiss nuclear installation itself being unlimited, the total insurance limit of CHF 770 m. provides the highest private insurance protection worldwide. With the support of its foreign Reinsurance Pools, the capacity for this insurance guarantee has, over more than 40 years, been built up by the Swiss Nuclear Insurance Pool. Apart from Third Party Liability cover, the Pool also provides Property insurance to Swiss nuclear installation operators and reinsurance cover to other nuclear insurers worldwide. (author)

Japan's silver human resource centers and participant well-being.

Science.gov (United States)

Weiss, Robert S; Bass, Scott A; Heimovitz, Harley K; Oka, Masato

2005-03-01

Japan's Silver Human Resource Center (SHRC) program provides part-time, paid employment to retirement-aged men and women. We studied 393 new program participants and examined whether part-time work influenced their well-being or "ikigai." The participants were divided into those who had worked in SHRC-provided jobs in the preceding year, and those who had not. Gender-stratified regression models were fitted to determine whether SHRC employment was associated with increased well-being. For men, actively working at a SHRC job was associated with greater well-being, compared to inactive members. And men with SHRC jobs and previous volunteering experience had the greatest increase in well-being. Women SHRC job holders did not experience increased well-being at the year's end. The study concludes that there is justification for exploring the usefulness of a similar program for American retirees who desire post-retirement part-time work.

26 CFR 1.953-6 - Relationship of sections 953 and 954.

Science.gov (United States)

2010-04-01

... is attributable to the reinsuring or the issuing of any insurance or annuity contracts in connection... share of each and every item of investment yield set aside for policyholders; it is not material that in...

26 CFR 1.817-4 - Special rules.

Science.gov (United States)

2010-04-01

... industrial department, in either a single transaction, or in a series of related transactions, all of which... facts in each case (such as age, health, and sex of the insured, type of contract reinsured, etc.) and...

Optimisation of the structure of active reinsurance by directions (countries Оптимизация структуры активного перестрахования по направлениям (странам

Directory of Open Access Journals (Sweden)

Kuzmenko Olga V.

2013-01-01

Full Text Available The article analyses modern tendencies of development of the Ukrainian reinsurance market. It justifies urgency of development of an adequate state policy of carrying out active reinsurance and conduct of active risk diversification. It develops a scientific and methodical approach to optimisation of the structure of active reinsurance of Ukraine by directions (countries. It studies the existing structure of these operations from the point of view of its optimality and, on the basis of this, identifies most promising directions for development of the domestic market of reinsurance – active insurance directions. It offers an economic and mathematical model of identification of optimal values of the specific weight of distribution of insurance premiums by leading countries, which would ensure minimisation of risks of non-payment in the event of an insured accident. It conducts identification of absolute values of volumes of insurance premiums, transferred to reinsurance in the optimal case, and values of necessary adjustment when compared with the tendency, which is characteristic for time series of distribution.В статье проанализированы современные тенденции развития рынка перестрахования Украины. Обоснована актуальность разработки взвешенной и адекватной государственной политики осуществления активного перестрахования и проведения активной диверсификации рисков. Разработан научно-методический подход к оптимизации структуры активного перестрахования Украины по направлениям (странам. Исследована существующая структура данных операций на оптимальность и �

Life insurance securitisation in Europe : An overview on the effects of alternative capital resources and its relation to regulator and IFRS guidelines

NARCIS (Netherlands)

Walhof, P.; Dorsman, A.B.; Thibeault, A.

2005-01-01

Recently Life Insurance Securitisation practices have been probed in dedicated areas to access the wider capital markets. These developments have shown a rising interest among leading insurers and reinsurers to start building experience with securitisation practices, either for risk transfer,

7 CFR 400.167 - Limitations on Corporation's obligations.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

Captive insurance: is it the right choice for your insurance exposures?

Science.gov (United States)

Frese, Richard C

2015-12-01

Potential benefits of a captive insurance company include: Broader coverage Improved cash flow and stability. Direct access to reinsurance markets. Tax advantages. Better handling and control of risk management and claims. Potential drawbacks and challenges include: Startup capitalization. Underwriting losses. Administration and commitment.

77 FR 32178 - Fiscal Service

Science.gov (United States)

2012-05-31

... of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety... Carrico, Director, Financial Accounting and Services Division. [FR Doc. 2012-13044 Filed 5-30-12; 8:45 am...: Alterra Reinsurance USA, Inc. AGENCY: Financial Management Service, Fiscal Service, Department of the...

78 FR 42056 - Agency Information Collection Activities; Submission to the Office of Management and Budget for...

Science.gov (United States)

2013-07-15

... Financial Report AGENCY: Federal Student Aid (FSA), Department of Education (ED). ACTION: Notice. SUMMARY... considered public records. Title of Collection: Guaranty Agency Financial Report. OMB Control Number: 1845... amended. Guaranty agencies use the Guaranty Agency Financial Report to: (1) Request reinsurance from the...

7 CFR 457.143 - Northern potato crop insurance-quality endorsement.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Northern potato crop insurance-quality endorsement... Northern potato crop insurance—quality endorsement. The Northern Potato Crop Insurance Quality Endorsement...) Both FCIC and reinsured policies: Northern Potato Crop Insurance Quality Endorsement 1. Definitions...

7 CFR 457.146 - Northern potato crop insurance-storage coverage endorsement.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Northern potato crop insurance-storage coverage... Northern potato crop insurance—storage coverage endorsement. The Northern Potato Crop Insurance Storage... for insurance provider) Both FCIC and reinsured policies: Northern Potato Crop Insurance Storage...

EXTREMUS - the German solution for act of terrorism - non-nuclear risks coverage

International Nuclear Information System (INIS)

Harbrucker, D.

2004-01-01

As a consequence of the terrorist attacks of September 11, 2001 and the withdraw of reinsurance capacity worldwide for terrorism coverage under material damage policies EXTREMUS was founded on September 2nd, 2002 by the German insurance industry (shareholders are 16 (re) insurance groups operating in the country). EXTREMUS offers a maximum limit per insured of Euro 1,5 bn. and enjoys a warranty of the German Government to cover accumulation losses in xs of Euro 2.0 bn. up to Euro 10 bn. EXTREMUS only intervenes for policies exceeding Euro 25 mio. due to a self obligation of the primary market to maintain full coverage for smaller risks. Due to the demand of reinsurers losses caused by a b c weapons are excluded. Coverage is not available for nuclear power plants. The paper aims to deals with these issues in more details.(author)

76 FR 15224 - Reducing Regulatory Burden; Retrospective Review Under E.O. 13563

Science.gov (United States)

2011-03-21

... environment while promoting economic growth, innovation, competitiveness, and job creation'' while using ``the... retirees of the United States; improve working conditions; advance opportunities for profitable employment...

Asymptotics for ratios with applications to reinsurance

NARCIS (Netherlands)

Ladoucette, S.A.; Teugels, J.L.

2007-01-01

This paper provides an overview of results pertaining to moment convergence for certain ratios of random variables involving sums, order statistics and extreme terms in the sense of modulus. Most of the literature on this matter originates from Darling (1952) who gave a criterion for the convergence

7 CFR 400.166 - Obligations of the Corporation.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

Place characteristics and residential location choice among the retirement-age population.

Science.gov (United States)

Duncombe, William; Robbins, Mark; Wolf, Douglas A

2003-07-01

We investigate the association between an extensive set of location-specific factors and the propensity of retirement-age individuals to remain in, or relocate to, those locations. In particular we investigate whether state and local fiscal factors influence the migration decisions of retirees, and we study the relative importance of fiscal and other factors in these decisions. We place decisions regarding whether to move and where to locate in a single discrete-choice framework. We estimate an individual-level location-choice model by using a combination of place-characteristics data and Census county-to-county migration data for the period 1985-1990. We find that levels of tax burdens and public services can affect location decisions. Of the fiscal variables, income taxes have the largest relative effects. However, other factors, including climate, economic conditions, and population characteristics, appear to play much larger roles in migration and location decisions. Although income tax reductions might influence the location decisions of recent retirees, whether or not the economic benefits associated with these population gains outweigh the accompanying revenue losses is an important area for further research. A more cost-effective strategy may be for states to focus on marketing their amenities rather than using fiscal policy to recruit retirees.

2003 Survey of Retired Military: Tabulations of Responses

National Research Council Canada - National Science Library

Kroeger; Ceervantes, Flores; Jones; Wilson

2004-01-01

.... Survey Content Topics covered in the survey primarily addressed the post-service employment and earnings experiences of military retirees, with emphasis on the effects of combat- related disabilities...

Military Medical Care: Questions and Answers

National Research Council Canada - National Science Library

Jansen, Don J

2009-01-01

.... Known as Tricare, this system of military and private health care offers benefits to active duty personnel and other beneficiaries, including dependents of active duty personnel, military retirees...

The Military Health System: Redefining the Role of Employers and Improving Cost-Share Parity Among Retirees

Science.gov (United States)

2014-02-13

program and optional dental plans. Active-duty military members are automatically enrolled into TRICARE Prime and are assigned to a military treatment...registers as a cost consideration in the calculus of the majority of employers in the U.S. who provide health insurance to their employees. Military

Safeguarding the Health of the NASA Astronaut Community: the Need for Expanded Medical Monitoring for Former NASA Astronauts Under the Astronaut Occupational Health Program

Science.gov (United States)

Rossi, Meredith; Lee, Lesley; Wear, Mary; Van Baalen, Mary; Rhodes, Bradley

2016-01-01

The astronaut community is unique, and may be disproportionately exposed to occupational hazards not commonly seen in other communities. The extent to which the demands of the astronaut occupation and exposure to spaceflight-related hazards affect the health of the astronaut population over the life course is not completely known. Provision of health screening services to active and former astronauts ensures individual, mission, and community health and safety. Currently, the NASA Johnson Space Center (JSC) Flight Medicine Clinic (FMC) provides extensive medical monitoring to active astronauts throughout their careers. Upon retirement, astronauts may voluntarily return to the JSC FMC for an annual preventive exam. However, current retiree monitoring includes only selected screening tests, representing an opportunity for augmentation. The potential latent health effects of spaceflight demand an expanded framework of testing for former astronauts. The need is two-fold: screening tests widely recommended for other aging communities are necessary for astronauts to rule out conditions resulting from the natural aging process (e.g., colonoscopy, mammography), as opposed to conditions resulting directly from the astronaut occupation; and increased breadth of monitoring services will improve the understanding of occupational health risks and longitudinal health of the astronaut community, past, present, and future. To meet this need, NASA has begun an extensive exploration of the overall approach, cost, and policy implications of expanding existing medical monitoring under the Astronaut Occupational Health program for former NASA astronauts.

7 CFR 400.174 - Notification of deviation from financial standards.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Notification of deviation from financial standards... Agreement-Standards for Approval; Regulations for the 1997 and Subsequent Reinsurance Years § 400.174 Notification of deviation from financial standards. An insurer must immediately advise FCIC if it deviates from...

7 CFR 457.170 - Cultivated wild rice crop insurance provisions.

Science.gov (United States)

2010-01-01

... reinsured policies: Cultivated Wild Rice Crop Provisions. 1. Definitions Approved laboratory. A testing.... Cultivated Wild Rice. A member of the grass family Zizania Palustris L., adapted for growing in man-made... for the crop year. Planted acreage. In addition to the definition contained in the Basic Provisions...

26 CFR 1.482-9 - Methods to determine taxable income in connection with a controlled services transaction.

Science.gov (United States)

2010-04-01

.... Company P files consolidated financial statements on behalf of itself, as well as Companies Q and R, with... scientific. (viii) Financial transactions, including guarantees. (ix) Insurance or reinsurance. (5) Not... the covered services are incurred by the renderer. Such books and records must include a statement...

26 CFR 1.848-0 - Outline of regulations under section 848.

Science.gov (United States)

2010-04-01

... certain reinsurance agreements. (b) Gross amount of premiums and other consideration. (1) General rule. (2... the payment of premiums. (iii) Retired lives reserves. (4) Deferred and uncollected premiums. (c... excluded from the gross amount of premiums and other consideration. (1) In general. (2) Amounts received or...

Estimating a Change from TRICARE to Commercial Insurance Plans.

Science.gov (United States)

Murray, Carla T; Schmit, Matthew

2018-03-14

We estimate the effect on health care spending of an option to change TRICARE. Under the option, which is based on a proposal made by the Military Compensation and Retirement Modernization Commission (MCRMC), most beneficiaries could choose from a range of commercial health networks instead of the current TRICARE plans. Military treatment facilities would become network providers under the commercial plans. We used data from the Department of Defense (DoD) to estimate the cost of providing the current health care benefit to working-age retirees and their dependents and survivors, and active duty family members. We then adjusted those data to estimate what the private insurance premiums would be for those groups. Greater details about the methodology can be found in earlier work by the Congressional Budget Office. Because payments by TRICARE to physicians and hospitals are tied to payments made by Medicare, we used the information from studies that compare Medicare payment rates to rates paid to doctors and hospitals by private insurance to estimate what it would cost private insurers to provide approximately the same level of care, with adjustments to account for the higher out-of-pocket costs that beneficiaries would pay under the option. We also made adjustments to account for the possibility that many beneficiaries would decrease their use of the MTFs in favor of private providers, which could increase the overall costs of DoD. We then estimated that increasing the cost sharing to a level found in popular civilian plans would lower overall demand for services by about 10% for military retiree households and about 18% for active duty family members. We estimated that DoD would pay subsidies to retain about half of the excess capacity created by beneficiaries switching their care from MTFs to the private sector. Evaluated at the midpoint of the ranges, the net effect on DoD's budget would be approximately $0, we estimate, but costs could fall in a likely range

Tradeoffs in the design of health plan payment systems: Fit, power and balance.

Science.gov (United States)

Geruso, Michael; McGuire, Thomas G

2016-05-01

In many markets, including the new U.S. Marketplaces, health insurance plans are paid by risk-adjusted capitation, sometimes combined with reinsurance and other payment mechanisms. This paper proposes a framework for evaluating the de facto insurer incentives embedded in these complex payment systems. We discuss fit, power and balance, each of which addresses a distinct market failure in health insurance. We implement empirical metrics of fit, power, and balance in a study of Marketplace payment systems. Using data similar to that used to develop the Marketplace risk adjustment scheme, we quantify tradeoffs among the three classes of incentives. We show that an essential tradeoff arises between the goals of limiting costs and limiting cream skimming because risk adjustment, which is aimed at discouraging cream-skimming, weakens cost control incentives in practice. A simple reinsurance system scores better on our measures of fit, power and balance than the risk adjustment scheme in use in the Marketplaces. Copyright © 2016 Elsevier B.V. All rights reserved.

[Ryazan hospital--80 years].

Science.gov (United States)

Klimov, A S; Gromov, M F

2012-02-01

In December 2011 marked 80 years of the founding of the Ryazan garrison hospital, originally housed in two buildings: "Redut housed"--a monument of architecture of the XVIII century and the former almshouses room "for the maimed in the war", was built in 1884 now Ryazan garrison hospital (from 2010--Branch No 6 FSI "in 1586 the district military hospital in the Western Military District", the Defense Ministry of Russia)--a multi-field medical preventive institution on the basis of which soldiers, military retirees, family members and military retirees from Ryazan, Moscow, Tambov regions are treated. Every year more than 7 thousand patients get treatment here. During the counterterrorism operations in Chechnya over 800 wounded were brought to the hospital from the battle area.

26 CFR 1.848-2 - Determination of net premiums.

Science.gov (United States)

2010-04-01

... reinsurance agreements with parties not subject to United States taxation) are treated separately and are... consideration includes— (i) Advance premiums; (ii) Amounts in a premium deposit fund or similar account, to the... parties not subject to United States taxation. (2) Net consideration determined by a ceding company—(i) In...

7 CFR 400.713 - Nonreinsured supplemental (NRS) policy.

Science.gov (United States)

2010-01-01

..., at least 120 days prior to the first sales closing date applicable to the policy. (b) FCIC will review the NRS policy to determine that it does not materially increase or shift risk to the underlying... the sales or administration of reinsured policies, undermines producers' confidence in the Federal...

Colloquium held in honour of Prof.em.Dr.-Ing. F. Adler and Prof.Dr.-Ing. Dr.h.c. F.L. Wilke

International Nuclear Information System (INIS)

1992-01-01

The following subjects are discussed: Acceptance of social responsibility; introduction of a management information system B-FIS at Friedrich Heinrich mine; new engineering tasks in reinsurance; mining education and the mining industry; exodus of German mining engineers; developments in shaft drilling in the last 20 years. (HS) [de

48 CFR 28.308 - Self-insurance.

Science.gov (United States)

2010-10-01

... REQUIREMENTS BONDS AND INSURANCE Insurance 28.308 Self-insurance. (a) When it is anticipated that 50 percent or... risks, limits of coverage, assignments of safety and loss control, and legal service responsibilities... projected average loss; and (10) A disclosure of all captive insurance company and re-insurance agreements...

26 CFR 1.338-0 - Outline of topics.

Science.gov (United States)

2010-04-01

... specific insurance contracts. (c) Application of assumption reinsurance principles. (1) In general. (2... contained in the regulations under section 338 as follows: § 1.338-1General principles; status of old target and new target. (a) In general. (1) Deemed transaction. (2) Application of other rules of law. (3...

26 CFR 1.803-1 - Life insurance reserves.

Science.gov (United States)

2010-04-01

... reserves” is defined in section 803(b). Generally, such reserves, as in the case of level premium life... covered by the premiums are not included in life insurance reserves. Unpaid loss reserves for... do they include the net value of risks reinsured in other solvent companies; liability for premiums...

A CBO Study: Growth in Medical Spending by the Department of Defense

National Research Council Canada - National Science Library

Percy, Allison

2003-01-01

The Department of Defense (DoD) faces a growing burden in providing peacetime health care for military personnel, retirees, and their dependents and survivors-who all together number over 8 million...

77 FR 75416 - Renewal of Department of Defense Federal Advisory Committees

Science.gov (United States)

2012-12-20

... among qualified professional actuaries who are members of the Society of Actuaries. The Board members... Department of Defense Medicare-Eligible Retiree Health Care Board of Actuaries (``the Board''). The Board is...

Military Retirement, Concurrent Receipt, and Related Major Legislative Issues

National Research Council Canada - National Science Library

Henning, Charles A

2008-01-01

.... The change to the system that has generated the most recent legislative activity involves whether some or all military retirees should be allowed to receive both military retired pay and any VA...

Silver Entrepreneurship Agenda in Malaysia: A Proposed Model for Productive Aging

Directory of Open Access Journals (Sweden)

Aizzat Mohd Nasurdin

2012-03-01

Full Text Available This paper aims at proposing a framework for productive aging among those aged 45-plus or retiree via entrepreneurial initiatives, known as ‘silver entrepreneurs’. Evidence has shown that the number of Malaysians aged population is estimated to be more than 1.4 million and is projected to increase to 3.3 million in the year 2020 (Mafauzy, 2000. It is acknowledged that a group of these will comprise of professionals who are aged 45-plus and retirees with relevant industry experience as well as knowledge and well-established networks built up over their working careers which will enable them to effectively identify entrepreneurial opportunities and secure resources efficiently to exploit them. However, there is little research on and understanding of what drives these ‘silver entrepreneurs’, with most of the research, focussed on entrepreneurial ventures started by 18-35 year-olds.  This means that policy-makers are ill-equipped to develop specific measures that will assist retirees into a second or sunset career in entrepreneurship.  This research aims to bridge the gap by assessing the profile and motivations of silver entrepreneurs in Malaysia with a specific focus on understanding the internal and external factors that affect their intentions to start new ventures as well as factors that affect the success and growth of these ventures. 

7 CFR 407.8 - The application and policy.

Science.gov (United States)

2010-01-01

..., DEPARTMENT OF AGRICULTURE GROUP RISK PLAN OF INSURANCE REGULATIONS § 407.8 The application and policy. (a... applicable sales closing date on file in the insurance provider's local office. (b) FCIC or the reinsured... is excessive. The Manager of the Corporation is authorized in any crop year to extend the sales...

7 CFR 457.129 - Fresh market sweet corn crop insurance provisions.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Fresh market sweet corn crop insurance provisions. 457... sweet corn crop insurance provisions. The fresh market sweet corn crop insurance provisions for the 2008... Reinsured Policies Fresh Market Sweet Corn Crop Provisions 1. Definitions Allowable cost.—The dollar amount...

Identifying cost-minimizing strategies for guaranteeing target dairy income over feed cost via use of the Livestock Gross Margin dairy insurance program.

Science.gov (United States)

Valvekar, M; Cabrera, V E; Gould, B W

2010-07-01

Milk and feed price volatility are the major source of dairy farm risk. Since August 2008 a new federally reinsured insurance program has been available to many US dairy farmers to help minimize the negative effects of adverse price movements. This insurance program is referred to as Livestock Gross Margin Insurance for Dairy Cattle. Given the flexibility in contract design, the dairy farmer has to make 3 critical decisions when purchasing this insurance: 1) the percentage of monthly milk production to be covered, 3) declared feed equivalents used to produce this milk, and 3) the level of gross margin not covered by insurance (i.e., deductible). The objective of this analysis was to provide an optimal strategy of how a dairy farmer could incorporate this insurance program to help manage the variability in net farm income. In this analysis we assumed that a risk-neutral dairy farmer wants to design an insurance contract such that a target guaranteed income over feed cost is obtained at least cost. We undertook this analysis for a representative Wisconsin dairy farm (herd size: 120 cows) producing 8,873 kg (19,545 lb) of milk/cow per year. Wisconsin statistical data indicates that dairy farms of similar size must require an income over feed cost of at least $110/Mg ($5/cwt) of milk to be profitable during the coverage period. Therefore, using data for the July 2009 insurance contract to insure $110/Mg of milk, the least cost contract was found to have a premium of $1.22/Mg ($0.055/cwt) of milk produced insuring approximately 52% of the production with variable monthly production covered during the period of September 2009 to June 2010. This premium represented 1.10% of the desired IOFC. We compared the above optimal strategy with an alternative nonoptimal strategy, defined as a contract insuring the same proportion of milk as the optimal (52%) but with a constant amount insured across all contract months. The premium was found to be almost twice the level obtained

Biomedicine and 'Risky' Retirement Destinations: Older Western Residents in Ubud, Bali.

Science.gov (United States)

Green, Paul

2016-01-01

International retirement migration is often conflated with the generic emergence of a new stage in the life course, the third age. I describe how well-travelled, globally orientated retirees are drawn to and experience biomedical provision in 'risky' retirement destinations. Drawing on ethnographic research in Ubud, Bali, Indonesia, I consider how older Western residents shape, share, and manage their health concerns in light of an Indonesian biomedical system that is transforming in the context of modern medical provision and an emerging retirement industry. Building on Rose and Novas's notion of biological citizenship, I illustrate the ways in which Western retirees engage with multiple biomedical realities built around localized, symbolic distinctions between 'hospital' and 'doctor,' immigration frameworks, the transregional context of medical tourism, and broader concerns relating to change and overdevelopment in Ubud and Bali.

The Dutch premium principle

NARCIS (Netherlands)

van Heerwaarden, A.E.; Kaas, R.

1992-01-01

A premium principle is derived, in which the loading for a risk is the reinsurance loading for an excess-of-loss cover. It is shown that the principle is well-behaved in the sense that it results in larger premiums for risks that are larger in stop-loss order or in stochastic dominance.

26 CFR 1.801-4 - Life insurance reserves.

Science.gov (United States)

2010-04-01

... is claimed. However, reserves held by the company with respect to the net value of risks reinsured in..., life insurance reserves, as in the case of level premium life insurance, are held to supplement the... amount (if any) by which: (i) The present value of the future net premiums required for such contract...

7 CFR 400.710 - Preemption and premium taxation.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Preemption and premium taxation. 400.710 Section 400... of Policies and Rates of Premium § 400.710 Preemption and premium taxation. A policy or plan of insurance that is approved by the Board for FCIC reinsurance is preempted from state and local taxation. ...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Science.gov (United States)

2010-01-01

... age and the date when the marriage to the retiree commenced, and a certified copy of the divorce... before age 55 or dies, except that a remarriage before September 15, 1978, does not cause termination of...

Measuring the Strategic Value of the Armed Forces Health Longitudinal Technology Application (AHLTA)

National Research Council Canada - National Science Library

Bigelow, James H; Harris, Katherine M; Hillestad, Richard

2008-01-01

The Military Health System (MHS) has more than 9 million eligible beneficiaries, including active duty service members and their families, retirees and their families, and Guard and Reserve members serving on active duty and their families...

Solvency II: How Geosciences become crucial for the Insurance Business

Science.gov (United States)

Grieser, Jürgen

2013-04-01

Solvency II is a Europe-wide framework to force insurers and reinsurers to fulfill solvency capital requirements (SCR). For the insurance market in Europe this means that each insurer and re-insurer has to quantify the financial risk of its portfolio. An insurer has to stay solvent even if the annual loss for a year becomes a 1-in-200-year loss event. Classical approaches to risk appraisal are based on actuarial models. Statistics of observed loss history over a couple of decades are used to estimate the risk for the near future. This pure statistical approach, however, cannot be used to reliably estimate the 1-in-200-year risk. It would be a meaningless extrapolation due to the high range of uncertainty. While around 25 years ago only actuarial models and expert knowledge were used for the estimation of solvency requirements, today reinsurers and major insurers use physical loss models to manage their risk. They are either build in-house or from vendors like Risk Management Solutions. In the frame of Solvency II each insurer has to calculate its 1-in-200-year annual loss. This can be done either by the so-called Standard Formula provided by the European Union or by detailed risk models. The estimation of annual financial losses is only possible if all hazards which can affect a portfolio are considered. For the international property insurance market, these can be earthquakes, winter storms, tropical cyclones, convective storms, tsunamis and floods. All these hazards are modeled by geoscientists. In the presentation the Standard Formula and the assumptions made will be discussed, especially the spatial structure of correlation presumed. The advantage of detailed loss models will be shown based on examples. The presentation will end with a short discussion of the challenges that risk modeling faces due to climate change.

26 CFR 1.964-4 - Verification of certain classes of income.

Science.gov (United States)

2010-04-01

... (4) In the case of a United States shareholder claiming the benefit of the exclusion provided in... reinsuring or the issuing of any insurance or annuity contracts in connection with United States risks, as... share of— (1) The sum of the amounts by which the subpart F income of such corporation was reduced for...

[Street doctors warn of epidemic of uninsured homeless persons in the Netherlands].

Science.gov (United States)

Slockers, Marcel T; van Laere, Igor R A L; Smit, Ronald B J

2015-01-01

Over the past few years, the Netherlands Street Doctors Group, a national network of doctors and nurses providing outreach primary care to homeless people in the Netherlands, has observed a growing number of homeless patients who do not have health insurance resulting in their access to healthcare services and medication being limited. In this article we raise the alarm about the epidemic of uninsured Dutch homeless. We explain and comment on the reasons why people are no longer insured and elaborate on the regulations and obligations related to homelessness and the characteristics of consumers and providers of social and medical services. We describe how difficult it is for homeless people to become re-insured as in order to follow a complex set of requirements commitment and patience are necessary. For most homeless patients, the re-insurance process requires the personal guidance and support of a motivated case manager. Consequently, we suggest that policy makers and service providers should have a better understanding of factors contributing to being uninsured and more compassion for those who are.

Publication in honour of Ernst Klingmueller

International Nuclear Information System (INIS)

Hauss, F.; Schmidt, R.

1974-01-01

A short historical survey is given on the development of nuclear insurance in the FRG since the foundation of the DKVG (Deutsche Kernreaktor-Versicherungsgemeinschaft) in May 1957 and after amending and increasing the financial security. At present, 104 private and public undertakings, primary and re-insurers, belong to the DKVG. With the DKVG's underwriting capacity for own account at 112 million DM for property insurance and at 51 million DM for liability insurance, 500-600 million DM property insurance per facility and up to 200 million DM liability insurance can be made available to the German nuclear facilities, calling upon various foreign atomic pools as re-insurers. Recently the DKVG and its members are particularly concerned with two interconnected complexes of problems: the growing demands made on the underwriting power of the pools owing to the increased power rate of the reactors, and the accumulation of sufficient reserves while the premium income is relatively low due to a still low number of insured reactors, and, for the time being, low damage claims at unusually high retention sums. (HP/LN) [de

Epidemiologic Risk Factors for Suicide and Attempted Suicide in the U.S. Air Force: Using Administrative Data Systems and Multiple Cause of Death Information to Improve Prevention Policy

National Research Council Canada - National Science Library

Copley, Gary

2000-01-01

...) which uses multiple cause of death (certificate) information. The AFMR was fotmd to be the most valid and reliable source of mortality information, largely due to the "120-day retiree" sub-cohort missed by the official data...

FINANCIAL STABILITY OF INSURANCE AND ITS SOURCES OF SUPPORT

Directory of Open Access Journals (Sweden)

R. Pikus

2016-03-01

Full Text Available The article describes theoretical aspects of determination of financial stability of insurance companies of Ukraine. It was found the main factors that influence the financial stability of insurance companies. Influencing factors are classified into internal and external and the effects of these factors on insurers' activities are presented. The main criteria of financial stability of insurance companies were deeply analysed and the most significant were chosen: sufficient amount of equity capital, the optimal tariff policy, balanced insurance portfolio, secure and effective reinsurance program, sufficient amount of insurance reserves for future payments, optimal investment management of insurance reserves and high solvency of an insurance company. Basic directions of provision and maintenance of financial stability of insurance companies in post-crisis period were presented. The main problems of provision and maintenance of financial stability of insurance companies were outlined and recommendations for its strengthening were provided.

NWWA Science Award given

Science.gov (United States)

Back, Bill

John G. Ferris, a U.S. Geological Survey retiree, received the National Water Well Association (NWWA) Science Award for 1985 on September 10, 1985, in Baltimore, Md. The award recognizes Ferris's renowned contributions to the science of groundwater.

Optimal Time to Enter a Retirement Village

Directory of Open Access Journals (Sweden)

Jinhui Zhang

2017-03-01

Full Text Available We consider the financial planning problem of a retiree wishing to enter a retirement village at a future uncertain date. The date of entry is determined by the retiree’s utility and bequest maximisation problem within the context of uncertain future health states. In addition, the retiree must choose optimal consumption, investment, bequest and purchase of insurance products prior to their full annuitisation on entry to the retirement village. A hyperbolic absolute risk-aversion (HARA utility function is used to allow necessary consumption for basic living and medical costs. The retirement village will typically require an initial deposit upon entry. This threshold wealth requirement leads to exercising the replication of an American put option at the uncertain stopping time. From our numerical results, active insurance and annuity markets are shown to be a critical aspect in retirement planning.

The impact of climate change on catastrophe risk models : implications for catastrophe risk markets in developing countries

OpenAIRE

Seo, John; Mahul, Olivier

2009-01-01

Catastrophe risk models allow insurers, reinsurers and governments to assess the risk of loss from catastrophic events, such as hurricanes. These models rely on computer technology and the latest earth and meteorological science information to generate thousands if not millions of simulated events. Recently observed hurricane activity, particularly in the 2004 and 2005 hurricane seasons, i...

Report on the Observance of Standards and Codes, Accounting and Auditing : Module B - Institutional Framework for Corporate Financial Reporting, B.4 Financial Sector - Insurance

OpenAIRE

World Bank

2017-01-01

The purpose of this report is to gain an understanding of the financial reporting requirements for insurance companies in a jurisdiction in addition to or instead of the requirements for commercial enterprises in general. Unless otherwise stated, the term insurance company refers to both insurance and reinsurance companies. There are also questions in relation to the monitoring and enforce...

Two items: Transcription of a presentation by Dr. E. L. Albenesius, ''SRS burial ground operation from an historical perspective''; video tape entitled ''Burial ground operation''

International Nuclear Information System (INIS)

Holcomb, H.P.

1992-01-01

On February 6, 1992, approximately 35 SRS personnel from DOE, WSRC, and Dames and Moore attended a very informative talk given by Dr. E.L. Albenesius who discussed the operation of the SRS Burial Ground from an historical perspective. Dr. Albenesius, a Du Point retiree, formerly served as research manager of SRL's Environmental Effects and Solid Waste Management Technology Divisions among other assignments. One notable point Dr. Albenesius made was in answer to a question concerning what was the most important thing that could be done to reduce the hazard to man from buried waste. His response was to remove as much plutonium as practical prior to closure. In order to preserve this valuable information for the record, the program was audiotaped from which a point-by-point chronological transcription, with minor editing, was prepared

Economic Impact of Pacific Northwest National Laboratory on the State of Washington in Fiscal Year 2013

Energy Technology Data Exchange (ETDEWEB)

Scott, Michael J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Niemeyer, Jackie M. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

2014-12-01

Pacific Northwest National Laboratory (PNNL) is a large economic entity, with $1.06 billion in annual funding, $936 million in total spending, and 4,344 employees in fiscal year (FY) 2013. Four thousand, one hundred and one (4,101) employees live in Washington State. The Laboratory directly and indirectly supports almost $1.31 billion in economic output, 6,802 jobs, and $514 million in Washington State wage income from current operations. The state also gains more than $1.21 billion in output, more than 6,400 jobs, and $459 million in income through closely related economic activities, such as visitors, health care spending, spending by resident retirees, and spinoff companies. PNNL affects Washington’s economy through commonly recognized economic channels, including spending on payrolls and other goods and services that support Laboratory operations. Less-commonly recognized channels also have their own impacts and include company-supported spending on health care for its staff members and retirees, spending of its resident retirees, Laboratory visitor spending, and the economic activities in a growing constellation of “spinoff” companies founded on PNNL research, technology, and managerial expertise. PNNL also has a significant impact on science and technology education and community nonprofit organizations. PNNL is an active participant in the future scientific enterprise in Washington with the state’s K-12 schools, colleges, and universities. The Laboratory sends staff members to the classroom and brings hundreds of students to the PNNL campus to help train the next generation of scientists, engineers, mathematicians, and technicians. This investment in human capital, though difficult to measure in terms of current dollars of economic output, is among the important lasting legacies of the Laboratory. Finally, PNNL contributes to the local community with millions of dollars’ worth of cash and in-kind corporate and staff contributions, all of which

International collaboration in health promotion and disease management: implications of U.S. health promotion efforts on Japan's health care system.

Science.gov (United States)

Pelletier, Kenneth R

2005-01-01

For more than 25 years, health promotion and disease management interventions have been conducted by large employers in the United States. Today there are more than 100 studies of such multifactorial, comprehensive interventions that all demonstrate positive clinical outcomes. For those interventions that have also been evaluated for return on investment, all but one have demonstrated cost-effectiveness. This article is an evidence-based overview of the clinical and cost outcomes research to elaborate on the insights gained from this research in the areas of implementation and evaluation of such programs; integration of health promotion and disease management programs into conventional, occupational medicine; accessing difficult to reach populations, such as mobile workers, retirees, and/or dependents; areas of potential conflict of interest and privacy/confidentiality issues; health consequences of downsizing and job strain; and, finally, recommendations for improved integration and evaluation of such programs for both clinical and cost outcomes. With medical costs rapidly escalating again on a global scale, these interventions with evidence of both clinical and cost outcomes can provide the foundation to improve the health, performance, and productivity of both individuals and their corporations.

Army Biometric Applications. Identifying and Addressing Sociocultural Concerns

National Research Council Canada - National Science Library

Woodward, John

2001-01-01

... information, depends on fast and accurate identification. The Army also operates a vast set of human resource services involving health care, retiree and dependent benefits, and troop support services. These services create the need for positive identification to prevent fraud and abuse.

Place attachment among retirees in Greensburg, Kansas.

Science.gov (United States)

Smith, Jeffrey S; Cartlidge, Matthew R

2011-01-01

On 4 May 2007 an ef-5 tornado leveled 95 percent of Greensburg, Kansas. Because city leaders encouraged everyone to use “green” building techniques as they rebuilt their homes and businesses, not only has the return to normalcy been exceedingly slow, but some of the town's older residents feel that officials have overlooked their needs. These minor episodes of discord enabled us to learn what features are most important to people in retirement. The features include identifiable landmarks, a space in which to socialize, and age-specific businesses. We assert that the lessons learned in Greensburg are applicable to other communities with a sizable older population. As baby boomers rapidly enter retirement they will seek places to live that are elder friendly and enable them to effectively bond with place. As previous research attests, people who have a strong attachment to place commonly have a good quality of life.

Contemplated Suicide Among Voluntary and Involuntary Retirees

Science.gov (United States)

Peretti, Peter O.; Wilson, Cedric

1978-01-01

This study explored anomic and egoistic dimensions of contemplated suicide among voluntary and involuntary retired males. Results indicated a direct relationship between anomie and egoism on the one hand, and contemplation of suicide on the other. (Author)

76 FR 57048 - Agency Information Collection Activities: Proposed Collection; Comment Request

Science.gov (United States)

2011-09-15

... information from employers that provide health insurance to their employees. Information such as total active enrollment in health insurance, other employee benefits, waiting periods, and retiree health insurance is... and local governments.) For establishments that do not offer health insurance to their employees, the...

76 FR 38397 - Agency Information Collection Activities; Proposed Collection; Comment Request

Science.gov (United States)

2011-06-30

... that provide health insurance to their employees. Information such as total active enrollment in health insurance, other employee benefits, waiting periods, and retiree health insurance is collected through the... and local governments.) For establishments that do not offer health insurance to their employees, the...

77 FR 23283 - Tribal Consultation Policy

Science.gov (United States)

2012-04-18

... and Waivers VII. Consultation Process Guidelines VIII. Performance and Accountability IX. Designated..., improving working conditions, and assuring work-related benefits and rights of workers and retirees in the... services. The Department's Women's Bureau (WB) has an ongoing relationship with the United Indians of All...

The shareholder wealth effects of insurance securitization: preliminary evidence from the catastrophe bond market

OpenAIRE

Hagendorff, Bjoern; Hagendorff, Jens; Keasey, Kevin

2013-01-01

Insurance securitization has long been hailed as an important tool to increase theunderwriting capacity for companies exposed to catastrophe-related risks. However, globalvolumes of insurance securitization have remained surprisingly low to date which raisesquestions over its benefits. In this paper, we examine changes in the market value ofinsurance and reinsurance firms which announce their engagement in insurance securitizationby issuing catastrophe (Cat) bonds. Consistent with the hithert...

Interventions for Sustainable Weight Loss in Military Families

Science.gov (United States)

recruitment of 290 adult family members of Active Duty / Retirees (ADMP). To enhance our marketing efforts, we received IRB approval to create a study...through connections made at the 2017 IPR meeting, we participated in discussions with LTC McKnight ( Principle Advisor and Military Attach Environmental

Health Cost Risk and Optimal Retirement Provision : A Simple Rule for Annuity Demand

NARCIS (Netherlands)

Peijnenburg, J.M.J.; Nijman, T.E.; Werker, B.J.M.

2010-01-01

We analyze the effect of health cost risk on optimal annuity demand and consumption/savings decisions. Many retirees are exposed to sizeable out-of-pocket medical expenses, while annuities potentially impair the ability to get liquidity to cover these costs and smooth consumption. We find that if

5 CFR 831.684 - Second chance elections to provide survivor benefits.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Second chance elections to provide survivor benefits. 831.684 Section 831.684 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT... Noncodified Statutes § 831.684 Second chance elections to provide survivor benefits. (a) A married retiree who...

The relation between self-determination and retirement satisfaction among active retired individuals.

Science.gov (United States)

Stephan, Yannick; Fouquereau, Evelyne; Fernandez, Anne

2008-01-01

Little is known about the motivational forces leading retired individuals to engage in post-retirement activities and how they could be related to satisfaction with retirement. Using the self-determination framework, the purpose of the present exploratory study was to examine the nature of active retirees' motivation and its impact on satisfaction with life in retirement. The Global Motivation Scale and measures of satisfaction with retirement were administered to 150 active retired individuals engaged in organized post-retirement activities in a University-based organization. Results revealed that these individuals were mainly characterized by higher levels of intrinsic motivation for knowledge, stimulation and accomplishment, rather than extrinsic dimensions. Regression analysis further demonstrated that intrinsic motivation for both accomplishment and stimulation were positively related to satisfaction with retirement, over and above the significant contribution of time since retirement, anticipated satisfaction with retirement, and subjective health. This exploratory study highlights the motivational mechanisms through which post-retirement behaviors could positively influence satisfaction with life in retirement among active retirees.

Time Separation Between Events in a Sequence: a Regional Property?

Science.gov (United States)

Muirwood, R.; Fitzenz, D. D.

2013-12-01

Earthquake sequences are loosely defined as events occurring too closely in time and space to appear unrelated. Depending on the declustering method, several, all, or no event(s) after the first large event might be recognized as independent mainshocks. It can therefore be argued that a probabilistic seismic hazard assessment (PSHA, traditionally dealing with mainshocks only) might already include the ground shaking effects of such sequences. Alternatively all but the largest event could be classified as an ';aftershock' and removed from the earthquake catalog. While in PSHA the question is only whether to keep or remove the events from the catalog, for Risk Management purposes, the community response to the earthquakes, as well as insurance risk transfer mechanisms, can be profoundly affected by the actual timing of events in such a sequence. In particular the repetition of damaging earthquakes over a period of weeks to months can lead to businesses closing and families evacuating from the region (as happened in Christchurch, New Zealand in 2011). Buildings that are damaged in the first earthquake may go on to be damaged again, even while they are being repaired. Insurance also functions around a set of critical timeframes - including the definition of a single 'event loss' for reinsurance recoveries within the 192 hour ';hours clause', the 6-18 month pace at which insurance claims are settled, and the annual renewal of insurance and reinsurance contracts. We show how temporal aspects of earthquake sequences need to be taken into account within models for Risk Management, and what time separation between events are most sensitive, both in terms of the modeled disruptions to lifelines and business activity as well as in the losses to different parties (such as insureds, insurers and reinsurers). We also explore the time separation between all events and between loss causing events for a collection of sequences from across the world and we point to the need to

48 CFR 2131.205-71 - Reinsurer administrative expense costs.

Science.gov (United States)

2010-10-01

... REQUIREMENTS CONTRACT COST PRINCIPLES AND PROCEDURES Contracts With Commercial Organizations 2131.205-71... as set forth in the contract is an allowable cost when documented through an internal accounting... expense costs. 2131.205-71 Section 2131.205-71 Federal Acquisition Regulations System OFFICE OF PERSONNEL...

Net Pay Estimator | Alaska Division of Retirement and Benefits

Science.gov (United States)

Benefits > Net Pay Estimator Online Counselor Scheduler Empower Retirement Account Info Online myRnB Accessibility Net Pay Estimator Click here for the Retiree Net Pay Estimator? The net pay estimator is a useful tool to estimate your net pay under different salaries, federal withholding tax exemptions, and

The Career Cost: Does It Pay for a Military Pilot to Leave the Service for the Airlines?

Science.gov (United States)

2015-06-01

airline pilot compensation: Alaska, American, Delta Airlines, FedEx, Frontier, Hawaiian, JetBlue, Southwest, Spirit, United, UPS, and Virgin America...continue to receive pay after reaching 65 years old, and the veteran loses their source of income. If the retiree lived to be 90 years old, then they

Ecstasy of Emptiness? Reflections of a Retired School Principal.

Science.gov (United States)

Azzara, Judith R.

2001-01-01

A retired elementary principal who was actively tied to her community for decades explains how to put a positive spin on retirement. New retirees should treasure their gifts and talents, develop new ones, take advantage of travel opportunities, mentor a new principal, and/or go back to college. (MLH)

5 CFR 847.705 - Cost-of-living adjustments.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Cost-of-living adjustments. 847.705... FUND INSTRUMENTALITIES Computation of Benefits Under the Retroactive Provisions § 847.705 Cost-of-living adjustments. Cost-of-living adjustments are applied to the rate payable to the retiree or survivor...

PARTISIPASI KOMITE AUDIT DAN KOMITE MANAJEMEN RISIKO SELAKU ORGAN DEWAN KOMISARIS TERHADAP KINERJA KEUANGAN PERUSAHAAN ASURANSI DAN REASURANSI DI INDONESIA

OpenAIRE

Ivana Pudiwan; Sekar Mayangsari

2010-01-01

The purposes of study are to examine the influences of Audit Committee and Risk Management Committee on financial performance of Insuranse and Reinsurance Company; and to drive a conclusion which is Audit Committee and Risk Management Committee applied to improve company's financial performance. In this research, Audit Committee and Risk Management Committee as independent variable which indicated by Audit Committee's member and Risk Management Committees member. Financial performance oflnsur...

Partisipasi Komite Audit dan Komite Manajemen Risiko Selaku Organ Dewan Komisaris terhadap Kinerja Keuangan Perusahaan Asuransi dan Reasuransi di Indonesia

OpenAIRE

Pudiwan, Ivana; Mayangsari, Sekar

2010-01-01

The purposes of study are to examine the influences of Audit Committee and Risk Management Committee on financial performance of Insuranse and Reinsurance Company; and to drive a conclusion which is Audit Committee and Risk Management Committee applied to improve company's financial performance. In this research, Audit Committee and Risk Management Committee as independent variable which indicated by Audit Committee's member and Risk Management Committees member. Financial performance oflnsur...

THE EVOLUTION OF THE INSURANCE MARKET IN THE REPUBLIC OF MOLDOVA IN TERMS OF CONCENTRATION INDEXES

Directory of Open Access Journals (Sweden)

Şeptelici Viorica

2012-03-01

Full Text Available The evolution of the insurance market in the Republic of Moldova during the first semester of 2011 was characterized by modest trends as regard the key indicators of the sector. Twenty four insurance companies and 68 insurance/reinsurance brokers operated during this period. Accordingly, competitive players are present on this segment, while the appearance of new players will boost the development of the insurance sector in the future.

The effects of firm specific factors and macroeconomics on profitability of property-liability insurance industry in Taiwan

OpenAIRE

Chen-Ying Lee

2014-01-01

This article investigates the relationship between firm specific factors and macroeconomics on profitability in Taiwanese property-liability insurance industry using the panel data over the1999 through 2009 time period. Using operating ratio and return on assets (ROA) for the two kinds of profitability indicators to measure insurers’ profitability. The results show that underwriting risk, reinsurance usage, input cost, return on investment (ROI) and financial holding group have significant in...

The observed clustering of damaging extra-tropical cyclones in Europe

OpenAIRE

S. Cusack

2015-01-01

The clustering of severe European windstorms on annual timescales has substantial impacts on the re/insurance industry. Management of the risk is impaired by large uncertainties in estimates of clustering from historical storm datasets typically covering the past few decades. The uncertainties are unusually large because clustering depends on the variance of storm counts. Eight storm datasets are gathered for analysis in this study in order to reduce these uncertainti...

The other shoe drops--FASB (Financial Accounting Standards Board) issues its proposed statement on employers' accounting for postretirement medical benefits.

Science.gov (United States)

Melbinger, M S

1989-06-01

The Financial Accounting Standards Board recently issued an exposure draft dealing with employers' accounting for postretirement medical or life insurance benefits. Mr. Melbinger explains the implications of these proposed changes in accounting procedures and discusses the status of case law dealing with employers' rights to modify or terminate retiree medical coverage.

Retirement Education and Adulthood | David | Global Journal of ...

African Journals Online (AJOL)

... that gender does not constitute a barrier in the adult lives in retirement. The study concluded that retirement education is a panacea for positive crisis-free retirement life. It was recommended that counselors should emphasize the need for retirees to understand the factors capable of causing stress and broken homes.

JPRS Report East Asia Southeast Asia

Science.gov (United States)

1987-06-30

uti - lization of natural resources." "The, Stale shall from lime.1.6 lime, review to upgrade pensions and other benefits due to retirees of both the...VIETNAM RATIONAL, INTENSIVE EXPORT OF PHARMACEUTICALS PROPOSED Hanoi NHAN DAN in Vietnamese 14 Apr 87 p 3 [Article by pharmacist Nguyen Duy Cuong

5 CFR 839.1119 - How is the actuarial reduction for TSP computed?

Science.gov (United States)

2010-01-01

... benefit that is payable, the present value factor for the survivor's age at the time of death is used. The survivor benefit is not reduced for TSP if the retiree's rate was reduced. Survivor Benefits ... reduction. OPM will divide the Government contributions and earnings by the present value factor for your...

Consequences of Retirement: An Essay.

Science.gov (United States)

Bodily, Gerald P.

Studies on retirement reporting that, compared to people not retired, recent retirees exhibited less income, more physical and mental illness, lower self-esteem, and less life satisfaction have been challenged and new findings have been revealed by longitudinal studies using data from large samples. It appears that perhaps the way individuals…

Intergenerational aspects of government policy under changing demographic and economic conditions.

Science.gov (United States)

Boskin, M J

1987-07-01

Changing demographic and economic conditions in the US require that attention be given to some of the intergenerational equity features of government policy. In particular, social insurance programs and public debt leave public liabilities to future generations. Taken in the aggregate, the effects of rapidly rising public debt and especially social insurance programs are transferring substantial amounts of resources from younger working generations to the expanding generation of retirees. The most crucial element in evaluating the desirability of intergenerational wealth distribution in the long run is the rate of economic growth. A society's monetary, fiscal, tax, and regulatory policies can be more or less conducive to the generation of capital formation, technical change, and economic growth. Policies that influence growth and interest rates will combine with the national deficit to determine how rapidly the debt grows or shrinks. Present accounting procedures are insufficient to provide quantitative answers to the question of what is the impact of a given program on the age-specific distributions of resources. It is important to reconsider the desirability and efficiency of intergenerational redistributions of wealth in the US. It is likely that current policies are not in line with the principles of efficiency, equity, target effectiveness, and cost effectiveness.

Obesity and the US Military Family

Science.gov (United States)

Tanofsky-Kraff, Marian; Sbrocco, Tracy; Theim, Kelly R.; Cohen, L. Adelyn; Mackey, Eleanor R.; Stice, Eric; Henderson, Jennifer L.; McCreight, Sarah J.; Bryant, Edny J.; Stephens, Mark B.

2014-01-01

Objective This review discusses the current knowledge and future directions regarding obesity within the US military family (i.e., active-duty servicemembers, as well as military spouses, children, retirees, and veterans). The increasing rates of overweight and obesity within the US military adversely impact military readiness, limit recruitment, and place a significant financial burden on the Department of Defense. Design and Methods The following topics are reviewed: 1) The prevalence of and the financial, physical, and psychological costs associated with overweight in military communities; 2) military weight regulations, and challenges faced by the military family related to overweight and disordered eating; 3) the continued need for rigorous program evaluations and new intervention development. Results Overweight and its associated sequelae impact the entire military family. Military families share many similarities with their civilian counterparts, but they face unique challenges (e.g., stress related to deployments and relocations). Although the military has weight management resources, there is an urgent need for rigorous program evaluation and the development of enhanced obesity prevention programs across the lifespan of the military family–several of which are proposed herein. Conclusions Interdisciplinary and collaborative research efforts and team-based interventions will continue to inform understanding of obesity treatment and prevention within military and civilian populations. PMID:23836452

Adventures in Citizen Science: Lessons learned engaging volunteer water quality monitors for over 30 years.

Science.gov (United States)

Schloss, J. A.

2012-12-01

The New Hampshire Lakes Lay Monitoring Program was originally designed by faculty at the University of New Hampshire in 1979 to provide the capacity to better monitor for long-term lake water quality changes and trends. As participants became educated, empowered and engaged the program soon evolved to also become a participatory research enterprise. This resulted in not only providing useful information for informed local stewardship and protection at the local level but also for state and region-wide decision-making, state and federal assessments/reporting and advancing our understanding of lake and watershed science. Our successes and failures have been more dependent on understanding the particular human dimensions that influence our volunteers and less to do with the typical project management, quality assurance, and communication concerns we typically deal with in professional based research efforts. Our participants are extremely diverse in terms of their life experiences, interests and motivations so the key to long-term commitment and high quality participation is understanding the difference between a citizen monitor and your archetypical research technician or student. This presentation will highlight some important lessons learned on how to involve various types of volunteers from school groups to retirees, as well as particular approaches and concerns regarding program management, retention, quality control and communications.

Limited take-up of health coverage tax credits: a challenge to future tax credit design.

Science.gov (United States)

Dorn, Stan; Varon, Janet; Pervez, Fouad

2005-10-01

The Trade Act of 2002 created federal tax credits to subsidize health coverage for certain early retirees and workers displaced by international trade. Though small, this program offers the opportunity to learn how to design future tax credits for larger groups of uninsured. During September 2004, the most recent month for which there are data about all forms of Trade Act credits, roughly 22 percent of eligible individuals received credits. The authors find that health insurance tax credits are more likely to reach their target populations if such credits: 1) limit premium costs for the low-income uninsured and do not require full premium payments while applications are pending; 2) provide access to coverage that beneficiaries value, including care for preexisting conditions; 3) are combined with outreach that uses easily understandable, multilingual materials and proactive enrollment efforts; and 4) feature a simple application process involving one form filed with one agency.

Civilian Health and Medical Program of the Uniformed Services (CHAMPUS); TRICARE uniform health maintenance organization (HMO) benefit--Prime enrollment fee exemption for survivors of active duty deceased sponsors and medically retired uniformed services members and their dependents. Final rule.

Science.gov (United States)

2014-09-30

This final rule creates an exception to the usual rule that TRICARE Prime enrollment fees are uniform for all retirees and their dependents and responds to public comments received to the proposed rule published in the Federal Register on June 7, 2013. Survivors of Active Duty Deceased Sponsors and Medically Retired Uniformed Services Members and their Dependents are part of the retiree group under TRICARE rules. In acknowledgment and appreciation of the sacrifices of these two beneficiary categories, the Secretary of Defense has elected to exercise his authority under the United States Code to exempt Active Duty Deceased Sponsors and Medically Retired Uniformed Services Members and their Dependents enrolled in TRICARE Prime from paying future increases to the TRICARE Prime annual enrollment fees. The Prime beneficiaries in these categories have made significant sacrifices for our country and are entitled to special recognition and benefits for their sacrifices. Therefore, the beneficiaries in these two TRICARE beneficiary categories who enrolled in TRICARE Prime prior to 10/1/2013, and those since that date, will have their annual enrollment fee frozen at the appropriate fiscal year rate: FY2011 rate $230 per single or $460 per family, FY2012 rate $260 or $520, FY2013 rate $269.38 or $538.56, or the FY2014 rate $273.84 or $547.68. The future beneficiaries added to these categories will have their fee frozen at the rate in effect at the time they are classified in either category and enroll in TRICARE Prime or, if not enrolling, at the rate in effect at the time of enrollment. The fee remains frozen as long as at least one family member remains enrolled in TRICARE Prime and there is not a break in enrollment. The fee charged for the dependent(s) of a Medically Retired Uniformed Services Member would not change if the dependent(s) was later re-classified a Survivor.

How to deal properly with a natural catastrophe database – analysis of flood losses

Directory of Open Access Journals (Sweden)

W. Kron

2012-03-01

Full Text Available Global reinsurer Munich Re has been collecting data on losses from natural disasters for almost four decades. Together with EM-Dat and sigma, Munich Re's NatCatSERVICE database is currently one of three global databases of its kind, with its more than 30 000 datasets. Although the database was originally designed for reinsurance business purposes, it contains a host of additional information on catastrophic events. Data collection poses difficulties such as not knowing the exact extent of human and material losses, biased reporting by interest groups, including governments, changes over time due to new findings, etc. Loss quantities are often not separable into different causes, e.g., windstorm and flood losses during a hurricane, or windstorm, hail and flooding during a severe storm event. These difficulties should be kept in mind when database figures are analysed statistically, and the results have to be treated with due regard for the characteristics of the underlying data. Comparing events at different locations and on different dates can only be done using normalised data. For most analyses, and in particular trend analyses, socio-economic changes such as inflation or growth in population and values must be considered. Problems encountered when analysing trends are discussed using the example of floods and flood losses.

How to deal properly with a natural catastrophe database - analysis of flood losses

Science.gov (United States)

Kron, W.; Steuer, M.; Löw, P.; Wirtz, A.

2012-03-01

Global reinsurer Munich Re has been collecting data on losses from natural disasters for almost four decades. Together with EM-Dat and sigma, Munich Re's NatCatSERVICE database is currently one of three global databases of its kind, with its more than 30 000 datasets. Although the database was originally designed for reinsurance business purposes, it contains a host of additional information on catastrophic events. Data collection poses difficulties such as not knowing the exact extent of human and material losses, biased reporting by interest groups, including governments, changes over time due to new findings, etc. Loss quantities are often not separable into different causes, e.g., windstorm and flood losses during a hurricane, or windstorm, hail and flooding during a severe storm event. These difficulties should be kept in mind when database figures are analysed statistically, and the results have to be treated with due regard for the characteristics of the underlying data. Comparing events at different locations and on different dates can only be done using normalised data. For most analyses, and in particular trend analyses, socio-economic changes such as inflation or growth in population and values must be considered. Problems encountered when analysing trends are discussed using the example of floods and flood losses.

5 CFR 831.303 - Civilian service.

Science.gov (United States)

2010-01-01

... equal to the redeposit owed, or unpaid balance thereof, divided by the present value factor for the... of paragraph (b)(2) of this section, the terms “present value factor” and “time of retirement” have..., or unpaid balance thereof, divided by the present value factor for the retiree's age (in full years...

an overview of the nigerian pension scheme from 1951-2004

African Journals Online (AJOL)

Ada

2009-09-25

Sep 25, 2009 ... The data collected were analyzed with the aid of a ... of having a hitch free Pension management system for her retirees. ... been paid to pension and its attendant effect. .... and the Joint Tax Board (JTB) which approved ... consolidated Revenue Fund of the Federation. In .... fraud to the barest minimum.

Trouble Brewing: The Disaster of California State Pensions. State Research

Science.gov (United States)

Buck, Stuart

2010-01-01

California has promised its public employees lavish pensions and retiree health benefits without setting aside nearly enough money to pay for those benefits. As a result, California already admits to a $75.5 billion shortfall in paying for these promises to public employees--$40.5 billion for the teachers' retirement plan (California State…

Review of "Assessing the Compensation of Public-School Teachers"

Science.gov (United States)

Keefe, Jeffrey H.

2012-01-01

This report compares the pay, pension costs and retiree health benefits of teachers with those of similarly qualified private-sector workers. The study concludes that teachers receive total compensation 52% greater than fair market levels, which translates into a $120 billion annual "overcharge" to taxpayers. Built on a series of faulty analyses,…

A Roadmap to the Professionalization of Guidance and Counselling ...

African Journals Online (AJOL)

Emeka Egbochuku

Introduction. Retirement is the total withdrawal of a worker's services from ... work is the first life step that convincingly defines a person as old because it ... Any form of retirement, will certainly affect the .... The mental health of ageing retirees is affected. It is .... plan is Vulnerable to boredom, marital conflict, social isolation,.

The Effects of Employment Status and Daily Stressors on Time Spent on Daily Household Chores in Middle-Aged and Older Adults

Science.gov (United States)

Wong, Jen D.; Almeida, David M.

2013-01-01

Purpose of the study: This study examines how employment status (worker vs. retiree) and life course influences (age, gender, and marital status) are associated with time spent on daily household chores. Second, this study assesses whether the associations between daily stressors and time spent on daily household chores differ as a function of…

5 CFR 843.504 - Rate of annuity.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Rate of annuity. 843.504 Section 843.504... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS Insurable Interest Annuities § 843.504 Rate of annuity. The amount of an annuity under this subpart is 55 percent of the retiree's annuity after...

Who Foregoes Survivor Protection in Employer-Sponsored Pension Annuities? (Brief Article)

Science.gov (United States)

Johnson, Richard W.; Uccello, Cori E.; Goldwyn, Joshua H.

2005-01-01

Purpose: Retirees in traditional pension plans must generally choose between single life annuities, which provide regular payments until death, and joint and survivor annuities, which pay less each month but continue to make payments to the spouse after the death of the retired worker. This article examines the payout decision and measures the…

Statistical and machine learning approaches for the minimization of trigger errors in parametric earthquake catastrophe bonds

OpenAIRE

Calvet, Laura

2017-01-01

Catastrophe bonds are financial instruments designed to transfer risk of monetary losses arising from earthquakes, hurricanes, or floods to the capital markets. The insurance and reinsurance industry, governments, and private entities employ them frequently to obtain coverage. Parametric catastrophe bonds base their payments on physical features. For instance, given parameters such as magnitude of the earthquake and the location of its epicentre, the bond may pay a fixed amount or not pay at ...

Hybrid Cat Bonds

OpenAIRE

Barrieu, Pauline; Louberge, Henri

2009-01-01

Natural catastrophes attract regularly the attention of media and have become a source of public concern. From a financial viewpoint, natural catastrophes represent idiosyncratic risks, diversifiable at the world level. But for reasons analyzed in this paper reinsurance markets are unable to cope with this risk completely. Insurance-linked securities, such as cat bonds, have been issued to complete the international risk transfer process, but their development is disappointing so far. This pa...

The Effectiveness of Catastrophe Bonds in Portfolio Diversification

OpenAIRE

Mariani, Massimo; Amoruso, Paola

2016-01-01

The rapid growth of catastrophe bonds in financial markets is due to increasing environmental disasters and consequent economic losses, barely covered by insurance and reinsurance companies. These securities represent an effective solution, allowing the risk transfer to the capital market. The objective of this paper is to prove real advantages of the investor who operates in this market segment, in terms of portfolio diversification. The present work indeed shows how investing in catastrophe...

Association between recurrent concussion and late-life cognitive impairment in retired professional football players.

Science.gov (United States)

Guskiewicz, Kevin M; Marshall, Stephen W; Bailes, Julian; McCrea, Michael; Cantu, Robert C; Randolph, Christopher; Jordan, Barry D

2005-10-01

Cerebral concussion is common in collision sports such as football, yet the chronic neurological effects of recurrent concussion are not well understood. The purpose of our study was to investigate the association between previous head injury and the likelihood of developing mild cognitive impairment (MCI) and Alzheimer's disease in a unique group of retired professional football players with previous head injury exposure. A general health questionnaire was completed by 2552 retired professional football players with an average age of 53.8 (+/-13.4) years and an average professional football playing career of 6.6 (+/- 3.6) years. A second questionnaire focusing on memory and issues related to MCI was then completed by a subset of 758 retired professional football players (> or = 50 yr of age). Results on MCI were then cross-tabulated with results from the original health questionnaire for this subset of older retirees. Of the former players, 61% sustained at least one concussion during their professional football career, and 24% sustained three or more concussions. Statistical analysis of the data identified an association between recurrent concussion and clinically diagnosed MCI (chi = 7.82, df = 2, P = 0.02) and self-reported significant memory impairments (chi = 19.75, df = 2, P = 0.001). Retired players with three or more reported concussions had a fivefold prevalence of MCI diagnosis and a threefold prevalence of reported significant memory problems compared with retirees without a history of concussion. Although there was not an association between recurrent concussion and Alzheimer's disease, we observed an earlier onset of Alzheimer's disease in the retirees than in the general American male population. Our findings suggest that the onset of dementia-related syndromes may be initiated by repetitive cerebral concussions in professional football players.

22 CFR 19.10-4 - Death or divorce of a spouse and remarriage after retirement.

Science.gov (United States)

2010-04-01

... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Death or divorce of a spouse and remarriage...-4 Death or divorce of a spouse and remarriage after retirement. (a) If the marriage of an annuitant... spouse is dissolved by divorce or by death of the spouse, the retiree's annuity shall be recomputed, if...

5 CFR 847.606 - Methodology for determining the present value of annuity without service credit-credit not needed...

Science.gov (United States)

2010-01-01

..., OPM will determine the present value of the annuity without credit for the NAFI service under... service as of the date of computation under § 847.603 times the present value factor for the retiree's age on that date. (c) In cases in which the annuity is payable to a survivor, the present value under...

Management of Perforated Mooren's Ulcer with a Rotational Scleral ...

African Journals Online (AJOL)

A case of bilateral Mooren's ulcer with corneal melting and uveal prolapse in the left eye (LE) involving 1½ h was managed with a scleral rotational autograft at the Rachel Eye Center, Abuja. The patient was a 75‑year‑old female retiree with concomitant rheumatoid arthritis involving the knee and metacarpophalangeal joints ...

Change and Persistence of Personal Identities after the Transition to Retirement

Science.gov (United States)

Teuscher, Ursina

2010-01-01

This study addresses the question of how retired people's self-image differs from that of working people, and what factors predict people's self-definition as professionals or retirees. Seven hundred ninety-two Swiss persons aged 58-70 (386 men, 406 women; 349 not retired, 443 retired) were asked to rate the importance of different…

Military Retirement: Alternate Final Pay and Cost of Living Indexing

Science.gov (United States)

2014-06-01

LIST OF TABLES Table 1.  Military Retirement System Multipliers (from DOD Office of the Actuary , 2012...10  Table 2.  Number of Retirees by Rank (from DOD Office of the Actuary , 2012...Expectancy (from DOD Office of the Actuary , 2012) ..23  Table 5.  HI-3 Valuation in Millions of Dollars

45 CFR 149.320 - Universe of claims that must be submitted.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Universe of claims that must be submitted. 149.320 Section 149.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH... Universe of claims that must be submitted. (a) Claims submitted for an early retiree, as defined in § 149.2...

In Pennsylvania Primary, AFT Hits the Streets

Science.gov (United States)

Hoff, David J.

2008-01-01

Every day, 14 retired teachers and other school employees arrive at the Philadelphia Federation of Teachers' headquarters and go to work for Hillary Rodham Clinton. The retirees--working with volunteers and union staff members from as far away as Alaska--are working to inform teachers' union members why the American Federation of Teachers (AFT)…

Retirement and Learning: A Longitudinal Qualitative Approach

Science.gov (United States)

Tam, Maureen

2018-01-01

This paper discusses retirement as a learning process, where learning, be it formal or informal, enables retirees to adjust to the transition from work to retirement. Such discussion is important given the fact that the world population is aging and that more people are retiring in the next few decades. Moreover, people are experiencing an…

Aftrede as integrasionele taak

Directory of Open Access Journals (Sweden)

A.R. Brunsdon

2008-07-01

Full Text Available Retirement as integrational task In this article, the stance is taken that retirement can be viewed as a critical life phase. Depending on how retirees cope with this phase, they can either experience feelings of futility or engage in an optimal use of this promising period. The critical task of the retirement phase could therefore be outlined as achieving a deep sense of fulfillment and optimisation of lifeopportunities during the so-called golden years. This article will explore retirement as integrational task, the challenge being to guide retirees to an integration of life and faith experiences in order to experience meaning. A narrative approach to pastoral care is suggested as a mode for integration as it takes the generated experiences (stories of people seriously. Within a reformational view of the narrative the Word of God is also taken seriously. In this fusion between the Story of God and man’s story lies the integration which will result in the creation of meaning during the final stage of man’s journey through life.

Locating Spatial Variation in the Association Between Wildland Fire Risk and Social Vulnerability Across Six Southern States

Science.gov (United States)

Poudyal, Neelam C.; Johnson-Gaither, Cassandra; Goodrick, Scott; Bowker, J. M.; Gan, Jianbang

2012-03-01

Wildland fire in the South commands considerable attention, given the expanding wildland urban interface (WUI) across the region. Much of this growth is propelled by higher income retirees and others desiring natural amenity residential settings. However, population growth in the WUI increases the likelihood of wildfire fire ignition caused by people, as humans account for 93% of all wildfires fires in the South. Coexisting with newly arrived, affluent WUI populations are working class, poor or otherwise socially vulnerable populations. The latter groups typically experience greater losses from environmental disasters such as wildfire because lower income residents are less likely to have established mitigation programs in place to help absorb loss. We use geographically weighted regression to examine spatial variation in the association between social vulnerability (SOVUL) and wildfire risk. In doing so, we identify "hot spots" or geographical clusters where SOVUL varies positively with wildfire risk across six Southern states—Alabama, Arkansas, Florida, Georgia, Mississippi, and South Carolina. These clusters may or may not be located in the WUI. These hot spots are most prevalent in South Carolina and Florida. Identification of these population clusters can aid wildfire managers in deciding which communities to prioritize for mitigation programming.

5 CFR 843.102 - Definitions.

Science.gov (United States)

2010-01-01

... significant interest in the marital status of the employee, Member, or retiree. If a jurisdiction would... units in a 52-week work year. (a) The annual pay of a part-time (regularly scheduled) employee is the... employee was entitled to basic pay whether in a duty or paid leave status (not to exceed 2000 for Postal...

Trouble Brewing in Orange County. Policy Brief

Science.gov (United States)

Buck, Stuart

2010-01-01

Orange County will soon face enormous budgetary pressures from the growing deficits in public pensions, both at a state and local level. In this policy brief, the author estimates that Orange County faces a total $41.2 billion liability for retiree benefits that are underfunded--including $9.4 billion for the county pension system and an estimated…

Trouble Brewing in San Francisco. Policy Brief

Science.gov (United States)

Buck, Stuart

2010-01-01

The city of San Francisco will face enormous budgetary pressures from the growing deficits in public pensions, both at a state and local level. In this policy brief, the author estimates that San Francisco faces an aggregate $22.4 billion liability for pensions and retiree health benefits that are underfunded--including $14.1 billion for the city…

Flexible Work Schedules. ERIC Digest.

Science.gov (United States)

Kerka, Sandra

Flexible work schedules are one response to changes in the composition of the work force, new life-styles, and changes in work attitudes. Types of alternative work schedules are part-time and temporary employment, job sharing, and flextime. Part-time workers are a diverse group--women, the very young, and older near-retirees. Although part-time…

Proceedings of the 2011 AFMS Medical Research Symposium. Volume 5. Operational Medicine (In-Garrison Care) Track

Science.gov (United States)

2012-02-01

8217 Lumbar flexion and straight leg raise ’I’ Bilateral hip range of motion assessment ’I’ Trunk endurance tests ’P Ultrasound Imaging ’I’ Laterat...Providing Great Care ... Buiidirlg wa.mor Medics--- - ---- \\..1 Not just a problem for retirees • ~ ·~ "" II’ -------------- Dti ~looAmwica’sMGdicaJAir

The need of the Nuclear Civil Liability Insurance; La necesidad del Seguro de Responsabilidad Civil Nuclear (SRCN)

Energy Technology Data Exchange (ETDEWEB)

Gomez del Campo, J.

2011-07-01

Nuclear Liability Insurance (NLI), emerged as a safety mechanism and product to respond to a great risk. because of the compulsory nature of international and national regulations, it has become a compulsory contract. Nuclear risk coverage pools are founded as groups of insurers and reinsures, without legal entity, which cooperate and pool their resources to deal with these great risks. In spain Atomic Pool has been renamed ESPANUCLEAR, administered by and Economic Interest Grouping called Nuclear risk Insurers. (Author)

Improving risk allocation through cat bonds

OpenAIRE

Nell, Martin; Richter, Andreas

2002-01-01

Catastrophe bonds (cat bonds) often use index triggers, such as, for instance, parametric descriptions of a catastrophe. This implies the problem of the so-called basis risk, resulting from the fact that, in contrast to traditional reinsurance, this kind of coverage cannot be a perfect hedge for the primary's insured portfolio. On the other hand, cat bonds offer some very attractive economic features: Besides their usefulness as a solution to the problems of moral hazard and default risk, an ...

Dopady hurikánu Katrina na pojistné trhy

OpenAIRE

Blabla, Jan

2014-01-01

This thesis examines the problem of impact of catastrophic natural events on insurance and reinsurance markets, with special focus on 2005 hurricane Katrina. It aims to analyze and evaluate the consequences of large scale economic loss on global insurance market. First part of the thesis describes the event and its implications. Impact on oil and gas industry and others is discussed. Main section is focused on repercussions of this event for both local and global insurance markets. Influence ...

The observed clustering of damaging extratropical cyclones in Europe

OpenAIRE

Cusack, Stephen

2016-01-01

The clustering of severe European windstorms on annual timescales has substantial impacts on the (re-)insurance industry. Our knowledge of the risk is limited by large uncertainties in estimates of clustering from typical historical storm data sets covering the past few decades. Eight storm data sets are gathered for analysis in this study in order to reduce these uncertainties. Six of the data sets contain more than 100 years of severe storm information to reduce sampling e...

The IASB Discussion Paper on Insurance: A CFO Forum Perspective*

OpenAIRE

Denis Duverne; Jacques Le Douit

2008-01-01

The IASB has issued a Discussion Paper on accounting for insurance and reinsurance contracts. This project is based on a prospective measurement of the insurance liabilities, the current exit value, which corresponds to a “market consistent” transfer value of insurance contracts to another market participant. This project is similar to the Elaborated Principles (the EPs) proposed by the CFO Forum in June 2006: a single model for measuring the insurance liabilities based on a three building bl...

The Importance of Resilience for Well-Being in Retirement

Directory of Open Access Journals (Sweden)

Cristiane Pimentel Nalin

2015-08-01

Full Text Available The increase in the elderly population has prompted research on retirement. This study investigated the importance of resilience, economic satisfaction, the length of retirement, and planning to well-being during retirement of 270 participants. The majority of this sample were men (64%, and the mean age was 65 years (SD = 5.7. The participants were retired members of 10 public and private organizations in Rio de Janeiro. Factor analysis and hierarchical regression were performed. The results showed that determined resilience (mastery, adaptability, confidence and perseverance and socioeconomic satisfaction were the main predictors of well-being in retirement and explained 28% of this model. The findings suggest that well-being in retirement is closely related to socioeconomic satisfaction and determined resilience. Additional research should address the importance of resilience for the well-being of retirees who are or not members of retirement associations. Resilience attitudes should be promoted in Retirement Education Programs.

Individualizing Medicare.

Science.gov (United States)

Chollet, D J

1999-05-01

Despite the enactment of significant changes to the Medicare program in 1997, Medicare's Hospital Insurance trust fund is projected to be exhausted just as the baby boom enters retirement. To address Medicare's financial difficulties, a number of reform proposals have been offered, including several to individualize Medicare financing and benefits. These proposals would attempt to increase Medicare revenues and reduce Medicare expenditures by having individuals bear risk--investment market risk before retirement and insurance market risk after retirement. Many fundamental aspects of these proposals have yet to be worked out, including how to guarantee a baseline level of saving for health insurance after retirement, how retirees might finance unanticipated health insurance price increases after retirement, the potential implications for Medicaid of inadequate individual saving, and whether the administrative cost of making the system fair and adequate ultimately would eliminate any rate-of-return advantages from allowing workers to invest their Medicare contributions in corporate stocks and bonds.

Merging Remote Sensing and Socioeconomic Data to Improve Disaster Risk Assessment

Science.gov (United States)

Yetman, G.; Chen, R. S.; Huyck, C. K.

2015-12-01

Natural disasters disproportionately impact developing country economies while also impacting business operations for multi-national corporations that rely on supplies and manufacturing in affected areas. Understanding natural hazard risk is only a first step towards preparedness and mitigation—data on facilities, transportation, critical infrastructure, and populations that may be exposed to disasters is required to plan for events and properly assess risks. Detailed exposure data can be used in models to predict casualty rates, aggregate estimates of building damage or destruction, impacts on business operations, and the scale of recovery efforts required. These model outputs are useful for disaster preparedness planning by national and international organizations, as well as for corporations and the reinsurance industry seeking to better understand their risk exposure. Many of these data are lacking for developing countries. Rapid assessment in areas with minimal data for disaster modeling is possible by combing remote sensing data, sample data on construction methods, facility and critical infrastructure data, and economic and demographic census information. This presentation focuses on the methods used to fuse the physical and socioeconomic data by presenting the results from two projects. The first project seeks to improve earthquake risk assessments in Asia using for the reinsurance industry, while the second project builds an integrated exposure database across five countries in Africa for use by international development organizations.

Behavioral program synthesis with genetic programming

CERN Document Server

Krawiec, Krzysztof

2016-01-01

Genetic programming (GP) is a popular heuristic methodology of program synthesis with origins in evolutionary computation. In this generate-and-test approach, candidate programs are iteratively produced and evaluated. The latter involves running programs on tests, where they exhibit complex behaviors reflected in changes of variables, registers, or memory. That behavior not only ultimately determines program output, but may also reveal its `hidden qualities' and important characteristics of the considered synthesis problem. However, the conventional GP is oblivious to most of that information and usually cares only about the number of tests passed by a program. This `evaluation bottleneck' leaves search algorithm underinformed about the actual and potential qualities of candidate programs. This book proposes behavioral program synthesis, a conceptual framework that opens GP to detailed information on program behavior in order to make program synthesis more efficient. Several existing and novel mechanisms subs...

HR customer service--FedEx.com or BUST!

Science.gov (United States)

Gerver, H M

2001-09-01

As the "customers" of the benefits department, employees, beneficiaries and retirees deserve best practice service delivery. This article describes a benefits administration operating model that can deliver high levels of customer service by furnishing accurate, consistent and timely information. Performance measurement is a key element in this type of customer satisfaction, particularly when outsourcing vendors are involved in the provision of benefits.

Finding a New Voice: Lifelong Learning Experiences in Museum Volunteering

Science.gov (United States)

Dahl, Mette Irene

2018-01-01

'Working with you all and finding my voice as an educator has changed my life', one of the retirees said as we were discussing their experiences as museum volunteers. When I was given a two-year contract as a museum educator to contribute to the renewal of a maritime museum in Norway by designing and developing a broad ranging outreach programme,…

Using Technology to Engage Third-Age (Retired) Leisure Learners: A Case Study of a Third-Age MIDI Piano Ensemble

Science.gov (United States)

Pike, Pamela D.

2011-01-01

Census data from the USA and other countries project that people over the age of 65 are expected to account for one-fifth of the population by 2030 and will double to 88.5 million people by 2050. Retirees (third-age) are pursuing lifelong-learning activities as they search for meaning and purpose during the post-professional years. Many third-aged…

Insurance of nuclear Risks in the Republic of Croatia and Slovenia

International Nuclear Information System (INIS)

Sladonja, B.; Pavliha, M.

1998-01-01

This paper gives basic information about the history and present situation of nuclear insurance pools in the republics of Croatia and Slovenia, on the legal basis of their establishment and their organization. Furthermore, it gives a brief description on the kinds of insurance provided by the Croatian and the Slovenian pools in the past and present, as well as about their participation in the world-wide reinsurance exchange in this field as a partner to nuclear insurance pools abroad. (author)

Conditions d'applications du concept de micro-assurance et réassurance sociale en milieu rural en Chine

OpenAIRE

Peng-Wan , Fang ,

2009-01-01

The payment of hospital fees by patients is a major reason for poverty in China, especially in rural China. To improve the effectiveness and equity of healthcare financing in rural China, we’ll make a feasibility study for the establishment of micro-insurance and reinsurance in rural China. This thesis is composed of four parts. The first part researches the problematic and the justification of this study. The second part is to present the general health situation in China, including health i...

Origen del sistema regulatorio de solvencia para las aseguradoras no-vida en los países de la EEC

OpenAIRE

Varela R., Carlos A.; Federación de Aseguradores Colombianos, FASECOLDA.

2010-01-01

This article gathers the ideas presented by Herfield Schlude related to the rules of solvency for non-life insurers of the then existing European Economic Community. Schlude presents a general summary of the margin of solvency and links the form in which both premiums and losses indicators were selected, determination of the cited margin and the form in which the influence of the reinsurance was taken into account. Schlude shows as well the advantages and disadvantages of the system establish...

Live long and prosper: challenges ahead for an aging population

OpenAIRE

Erica L. Groshen; Thomas Klitgaard

2002-01-01

Over the next thirty years, the percentage of people who are 65 and over will grow rapidly while the percentage of people in their working years will decline. This shift in the age distribution of the population will put enormous pressure on social security systems in the United States, Germany, and Japan as the number of workers whose payroll taxes fund each retiree drops sharply.

Special Report: Engaging Islamists and Promoting Democracy. A Preliminary Assessment

Science.gov (United States)

2007-08-01

criticized music festivals and spearheaded a campaign against the film Marock, directed by a Moroccan woman. Degree of internal Democracy and...parliament, the PJD deemphasizes its moral agenda, adopting a more pragmatic and sophisticated approach to a number of moral issues. Tourism is a key... tourism . In response, the PJD has pushed to develop Morocco’s infrastructure and establish retirement communities for European retirees. The project

[Relationship between socioeconomic status and the prevalence of cardiovascular disease among retired residents living in a community, Shanghai].

Science.gov (United States)

Xie, Chunyan; Qin, Chenxi; Wang, Geng; Yu, Canqing; Wang, Jin; Dai, Liqiang; Lyu, Jun; Gao, Wenjing; Wang, Shengfeng; Zhan, Siyan; Hu, Yonghua; Cao, Weihua; Li, Liming

2014-05-01

To explore the relationship between socioeconomic status and the risk factors of cardiovascular diseases in retirees from a community in Shanghai. Observational study involved 9 943 retirees aged 50 and over in Shanghai. Both single factor and multi-factor analyses methods were used to describe the correlation between factors as:educational level, marital status, annual household income and risk of hypertension, coronary heart disease, stroke etc. A new defined compound index was used to assess the relevance of socioeconomic status on the risk of cardiovascular diseases, based on logistic regression model. After adjusted for age, the risk of cardiovascular diseases in these retirees was influenced by socioeconomic status. In general, opponent correlations in education levels and prevalence of hypertension were found between female and male. Compared with those having received college or higher education, the risk of hypertension increased in females when the education level declined, with OR as 1.08 (95% CI:0.89-1.30). For those having had senior high school junior high school or elementary education, the risks of hypertension were 1.26 (95%CI:1.05-1.51), 1.34 (95%CI:1.08-1.65), 0.72 (95%CI:0.59-0.87),0.78 (95%CI:0.64-0.94), and 0.70 (95%CI:0.52-0.92) for males, respectively. The risk of cardiovascular diseases increased with annual household income. Compared with high level of socioeconomic status, lower socioeconomic status might decline the risk of cardiovascular diseases in males by approximately 30%, with OR for medium being 0.72 (95%CI:0.61-0.84) and for lower ones it was 0.70 (95% CI:0.57-0.87). However, similar correlations were not found in females. No significant relationship was found between marital status and the prevalence of cardiovascular diseases in this study. The risks of cardiovascular diseases varied with different socioeconomic status, indicating that tailored interventions should be conducted in different socioeconomic groups.

Economic Impact of Pacific Northwest National Laboratory on the State of Washington in Fiscal Year 2014

Energy Technology Data Exchange (ETDEWEB)

Scott, Michael J.; Niemeyer, Jackie M.

2015-11-09

PNNL is a large economic entity with a total of 4,308 employees, $939 million (M) in total funding, and $1.02 billion (B) in total spending during FY 2014. The number of employees that live in Washington State is 4,026 or 93 percent of the Laboratory staff. he Laboratory directly and indirectly supported $1.45 billion in economic output, 6,832 jobs, and $517 million in Washington State wage income from current operations. The state also gained more than $1.19 billion in output, over 6,200 jobs, and $444 million in income through closely related economic activities such as visitors, health care spending, spending by resident retirees, and spinoff companies. PNNL affects Washington’s economy through commonly recognized economic channels, including spending on payrolls and other goods and services that support Laboratory operations. Less commonly recognized channels also have their own impacts and include company-supported spending on health care for its staff members and retirees, spending of its resident retirees, Laboratory visitor spending, and the economic activities in a growing constellation of “spinoff” companies founded on PNNL research, technology, and managerial expertise. PNNL also has a significant impact on science and technology education and community not-for-profit organizations. PNNL is an active participant in the future scientific enterprise in Washington with the state’s K-12 schools, colleges, and universities. The Laboratory sends staff members to the classroom and brings hundreds of students to the PNNL campus to help train the next generation of scientists, engineers, mathematicians, and technicians. This investment in human capital, though difficult to measure in terms of current dollars of economic output, is among the important lasting legacies of the Laboratory. Finally, PNNL contributes to the local community with millions of dollars’ worth of cash and in-kind corporate and staff contributions, all of which strengthen the

Ocular Problems Among Public Service Retirees in a Southern ...

African Journals Online (AJOL)

Background: Advancing age is a recognized risk factor for blindness and visual impairment .... implementing eye care services for the elderly in the state. ... Table 1: Age and sex distribution of study participants. Age group (years). Sex n (%).

Consumption Behavior, Annuity Income and Mortality Risk of Retirees

NARCIS (Netherlands)

Kutlu-Koc, Vesile; Alessie, Rob; Kalwij, Adriaan

Previous empirical studies have found that individuals do not draw down their assets after retirement which is at odds with the predictions of a simple life cycle model without uncertainty. Hurd (Econometrica 57(4):779-813, 1989; Mortality risk and consumption by couples, 1999) explains such saving

Early retiree and near-elderly health insurance in recession.

Science.gov (United States)

Gould, Elise; Hertel-Fernandez, Alexander

2010-04-01

This paper examines recent trends in health insurance cost and coverage for the near-elderly population (aged 55 to 64), with particular attention directed toward the implications of the 2007 recession. We examine coverage by demographic and socioeconomic characteristics from the Current Population Survey and the Medical Expenditure Panel Survey. We also estimate the effects of projected increases in the unemployment rate for employer-sponsored insurance coverage of the near elderly in 2009 and 2010. Erosion in coverage is likely to be exacerbated in the short run by the 2007 recession, given rapidly rising unemployment among this age cohort, and in the long-run, given the inability of the labor market to support increased labor market participation of older Americans in jobs that would have traditionally provided health insurance coverage.

Gender Differences in How Retirees Perceive Factors Influencing Unretirement

Science.gov (United States)

Armstrong-Stassen, Marjorie; Staats, Sara

2012-01-01

Returning to paid employment after retirement is occurring in many developed countries and can be expected to increase in the future. This study compared how women (n = 202) and men (n = 347) who had retired from a managerial or professional career occupation perceived factors associated with unretirement. Retired professional women perceived…

Functional Programming

OpenAIRE

Chitil, Olaf

2009-01-01

Functional programming is a programming paradigm like object-oriented programming and logic programming. Functional programming comprises both a specific programming style and a class of programming languages that encourage and support this programming style. Functional programming enables the programmer to describe an algorithm on a high-level, in terms of the problem domain, without having to deal with machine-related details. A program is constructed from functions that only map inputs to ...

Programming language for computations in the Interkosmos program

Science.gov (United States)

Schmidt, K.

1975-01-01

The programming system for Intercosmos data processing, based on the structural programming theory, which considers a program as an ordered set of standardized elementary parts, from which the user programs are automatically generated, is described. The programs are comprised of several modules, which are briefly summarized. The general structure of the programming system is presented in a block diagram. A programming control language developed to formulate the problem quickly and completely is presented along with basic symbols which are characteristic of the Intercosmos programming system.

Comprehensive flood economic losses: review of the potential damage and implementation of an agricultural impact model

Directory of Open Access Journals (Sweden)

Mao Gwladys

2016-01-01

Full Text Available With an annual loss averaging 580 M€ between 1990 and 2014, floods are the main natural catastrophe (Nat Cat risk for the French Nat Cat compensation scheme. As part of its role in this scheme, the Caisse Centrale de Réassurance (CCR offers state guaranteed reinsurance programs and has been modelling the risk of flooding since 2003. This model is based on the traditional valuation approach of direct tangible costs which pairs a physical model with exposure through damage curves. CCR wishes now to widen the studied damage scope to insured and noninsured economic costs and has been collaborating with the SAF research laboratory from the Institute of Financial and Insurance Sciences (ISFA since 2014. CCR’s model has been used to estimate the insured direct damage to residential and non-residential properties and it is now being developed to include damage to vehicles, agriculture and network infrastructures. Research is also being carried out to take into account business interruptions and indirect losses using an Input-Output model. This article describes the undergoing work on model development to estimate the damage to agriculture.

From Cyclone Tracks to the Costs of European Winter Storms: A Probabilistic Loss Assessment Model

Science.gov (United States)

Orwig, K.; Renggli, D.; Corti, T.; Reese, S.; Wueest, M.; Viktor, E.; Zimmerli, P.

2014-12-01

European winter storms cause billions of dollars of insured losses every year. Therefore, it is essential to understand potential impacts of future events, and the role reinsurance can play to mitigate the losses. The authors will present an overview on natural catastrophe risk assessment modeling in the reinsurance industry, and the development of a new innovative approach for modeling the risk associated with European winter storms.The new innovative approach includes the development of physically meaningful probabilistic (i.e. simulated) events for European winter storm loss assessment. The meteorological hazard component of the new model is based on cyclone and windstorm tracks identified in the 20thCentury Reanalysis data. The knowledge of the evolution of winter storms both in time and space allows the physically meaningful perturbation of historical event properties (e.g. track, intensity, etc.). The perturbation includes a random element but also takes the local climatology and the evolution of the historical event into account.The low-resolution wind footprints taken from the 20thCentury Reanalysis are processed by a statistical-dynamical downscaling to generate high-resolution footprints for both the simulated and historical events. Downscaling transfer functions are generated using ENSEMBLES regional climate model data. The result is a set of reliable probabilistic events representing thousands of years. The event set is then combined with country and site-specific vulnerability functions and detailed market- or client-specific information to compute annual expected losses.

Securitization product design for China's environmental pollution liability insurance.

Science.gov (United States)

Pu, Chengyi; Addai, Bismark; Pan, Xiaojun; Bo, Pangtuo

2017-02-01

The environmental catastrophic accidents in China over the last three decades have triggered implementation of myriad policies by the government to help abate environmental pollution in the country. Consequently, research into environmental pollution liability insurance and how that can stimulate economic growth and the development of financial market in China is worthwhile. This study attempts to design a financial derivative for China's environmental pollution liability insurance to offer strong financial support for significant compensation towards potential catastrophic environmental loss exposures, especially losses from the chemical industry. Assuming the risk-free interest rate is 4%, the market portfolio expected return is 12%; the financial asset beta coefficient is 0.5, by using the capital asset pricing model (CAPM) and cash flow analysis; the principal risk bond yields 9.4%, single-period and two-period prices are 103.85 and 111.58, respectively; the principal partial-risk bond yields 10.09%, single-period and two-period prices are 103.85 and 111.58, respectively; and the principal risk-free bond yields 8.94%, single-period and two-period prices are 107.99 and 115.83, respectively. This loss exposure transfer framework transfers the catastrophic risks of environmental pollution from the traditional insurance and reinsurance markets to the capital market. This strengthens the underwriting capacity of environmental pollution liability insurance companies, mitigates the compensation risks of insurers and reinsurers, and provides a new channel to transfer the risks of environmental pollution.

Decision Support for Retirement Portfolio Management: Overcoming Myopic Loss Aversion via Technology Design

OpenAIRE

Clayton Arlen Looney; Andrew M. Hardin

2009-01-01

As firms continue to abandon pensions in favor of employee-managed retirement plans, tremendous demands are being placed on the decision-making proficiency of future retirees. As reflected in the equity premium puzzle, individual investors tend to hold overly conservative portfolios that provide meager payoffs over time. Consequently, there is growing concern that the vast majority of retirement accounts might be insufficiently funded when employees reach retirement. Given that most retiremen...

Costs of Military Pay and Benefits in the Defense Budget

Science.gov (United States)

2012-11-01

arithmetic reasoning, mathematics knowledge, paragraph comprehension, and word knowledge. Percentile scores measure aptitude relative to the entire...is not actuarially fair—it does not financially compensate the military retiree for what could easily be four decades of smaller annuity pay- ments...during a month in which the member is serving in a designated combat zone.37 One report estimates that to achieve an actuarially fair out- come, the

Retirement literacy as a basis for prospective retirees’ well-being

Directory of Open Access Journals (Sweden)

Vershkova Elena

2016-01-01

Full Text Available The article addresses the problem of teaching prospective retirees to maintain their finances, which will ensure their financial security and well-being. A key issue is the influence of financial literacy on the amount of future pension assets. The analysis of the existing instruments of pension savings enabled to suggest a complex of activities aimed at developing a prospective retirees’ ability to plan and manage pension assets.

Toward Efficient Military Retirement Accrual Charges

Science.gov (United States)

2017-01-01

reflect the opinions of its research clients and sponsors. Support RAND Make a tax -deductible charitable contribution at www.rand.org/giving...mandated accrual account - ing to fund the military retirement benefit liability and specified the use of the aggregate entry-age normal accounting ...tary retirees; military retirement was a pay-as-you-go (PAYGO) system. The shift to accrual accounting sought to meet the objective of recog- nizing

The German insurance industry. 1988 yearbook of the Gesamtverband der Deutschen Versicherungswirtschaft e.V

International Nuclear Information System (INIS)

1988-01-01

The annual report presents among other things the figures of the nuclear insurance line. The Association of Nuclear Insurers in the F.R.G., the DKVG, counts 105 member companies in the year 1988, who offer reinsurance protection for West German nuclear power stations up to DM 1.5 billions in the property insurance sector, and up to DM 200 millions in the nuclear liability sector. The inland portfolio of the DKVG' covers 22 nuclear power stations. The expenses to satisfy claims in 1987 amounted to DM 6.5 millions. (DG) [de

A New Generalization of the Pareto Distribution and Its Application to Insurance Data

Directory of Open Access Journals (Sweden)

Mohamed E. Ghitany

2018-02-01

Full Text Available The Pareto classical distribution is one of the most attractive in statistics and particularly in the scenario of actuarial statistics and finance. For example, it is widely used when calculating reinsurance premiums. In the last years, many alternative distributions have been proposed to obtain better adjustments especially when the tail of the empirical distribution of the data is very long. In this work, an alternative generalization of the Pareto distribution is proposed and its properties are studied. Finally, application of the proposed model to the earthquake insurance data set is presented.

Shopping Center Financing: Pricing Loan Default Risk

OpenAIRE

Peter Chinloy; James Musumeci

1994-01-01

The financing structure of a shopping center is decomposed into an income security and two put options. These put options are respectively held by the borrower against the lender for default, and by the lender against an insurer or reinsurer. The prices of the put option depend on the loan-to-value ration of the loan and on the risk of the investment. The interest rate charged on the loan is the sum of four components: a riskless rate, lender production costs, and the net price of the put opt...

Maine Migrant Program: 1997-1998 Program Evaluation.

Science.gov (United States)

Bazinet, Suzanne C., Ed.

The Maine Department of Education contracts with local educational agencies to administer the Maine Migrant Education Program. The program's overall mission is to provide the support necessary for migrant children to achieve Maine's academic standards. In 1997-98, 73 local migrant programs served 9,838 students, and 63 summer programs served 1,769…

Program Leadership from a Nordic Perspective - Program Leaders' Power to Influence Their Program

DEFF Research Database (Denmark)

Högfeldt, Anna-Karin; Strömberg, Emma; Jerbrant, Anna

2013-01-01

research demonstrated that program leaders have quite different positions, strategies and methods when it comes to monitoring and developing their programs. In this paper, a deeper investigation is carried out of the (im-) possibilities to make real influence on the study courses that constitutes...... the respective Engineering study programs. Eight program leaders from the five N5T universities have been interviewed, and the analysis of these studies, has culminated in a model for the analysis of program leadership for Engineering education development....

Multi-Year Program Plan - Building Regulatory Programs

Energy Technology Data Exchange (ETDEWEB)

none,

2010-10-01

This document presents DOE’s multi-year plan for the three components of the Buildings Regulatory Program: Appliance and Equipment Efficiency Standards, ENERGY STAR, and the Building Energy Codes Program. This document summarizes the history of these programs, the mission and goals of the programs, pertinent statutory requirements, and DOE’s 5-year plan for moving forward.

Program summary for the Civilian Reactor Development Program

International Nuclear Information System (INIS)

1982-07-01

This Civilian Reactor Development Program document has the prime purpose of summarizing the technical programs supported by the FY 1983 budget request. This section provides a statement of the overall program objectives and a general program overview. Section II presents the technical programs in a format intended to show logical technical interrelationships, and does not necessarily follow the structure of the formal budget presentation. Section III presents the technical organization and management structure of the program

The price sensitivity of Medicare beneficiaries: a regression discontinuity approach.

Science.gov (United States)

Buchmueller, Thomas C; Grazier, Kyle; Hirth, Richard A; Okeke, Edward N

2013-01-01

We use 4 years of data from the retiree health benefits program of the University of Michigan to estimate the effect of price on the health plan choices of Medicare beneficiaries. During the period of our analysis, changes in the University's premium contribution rules led to substantial price changes. A key feature of this 'natural experiment' is that individuals who had retired before a certain date were exempted from having to pay any premium contributions. This 'grandfathering' creates quasi-experimental variation that is ideal for estimating the effect of price. Using regression discontinuity methods, we compare the plan choices of individuals who retired just after the grandfathering cutoff date and were therefore exposed to significant price changes to the choices of a 'control group' of individuals who retired just before that date and therefore did not experience the price changes. The results indicate a statistically significant effect of price, with a $10 increase in monthly premium contributions leading to a 2 to 3 percentage point decrease in a plan's market share. Copyright © 2012 John Wiley & Sons, Ltd.

Geothermal Technologies Program Overview - Peer Review Program

Energy Technology Data Exchange (ETDEWEB)

Milliken, JoAnn [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States)

2011-06-06

This Geothermal Technologies Program presentation was delivered on June 6, 2011 at a Program Peer Review meeting. It contains annual budget, Recovery Act, funding opportunities, upcoming program activities, and more.

Community participation and mental health during retirement in community sample of Australians.

Science.gov (United States)

Olesen, Sarah C; Berry, Helen L

2011-03-01

This study considered whether community participation during later adulthood is more strongly associated with mental health during retirement than it is while in employment; i.e. in the absence of paid work. Participants were 322 men and 311 women aged 45 years and older, who were part of a random sample of an Australian coastal community. The frequency of participation across 14 types of community-based activities was assessed. Overall mental health was measured on a 10-item Kessler Psychological Distress Scale. Linear regression models tested the multivariate associations between distress and community participation, and whether this association differed for retired and working people. Retirees did not participate in their communities more than working people. The association between community participation and psychological distress did not differ by retirement status when people of all ages were considered together; however, stronger associations between several activities and (less) distress were found for retirees compared to their working peers in a younger cohort (aged 45 to 54). This cohort coincides with the average age of transition to retirement in Australia. These findings offer some support for the view that community participation may assist in managing the mental health implications of the transition from work to retirement.

Who foregoes survivor protection in employer-sponsored pension annuities?

Science.gov (United States)

Johnson, Richard W; Uccello, Cori E; Goldwyn, Joshua H

2005-02-01

Retirees in traditional pension plans must generally choose between single life annuities, which provide regular payments until death, and joint and survivor annuities, which pay less each month but continue to make payments to the spouse after the death of the retired worker. This article examines the payout decision and measures the share of married retirees with pension annuities who forego survivor protection. The analysis consists of a probit model of the pension payout decision, based on data from the 1992-2000 waves of the Health and Retirement Study. More than one quarter (28%) of married men and two thirds of married women receiving employer-sponsored retirement annuities declined survivor protection. Men with small pensions and limited household wealth, men in better health than their spouses, and men whose spouses have pension coverage from their own employers are more likely than other men to reject survivor protection. Most workers appear to make payout decisions by rationally balancing the costs and benefits of each type of annuity, suggesting that existing measures to encourage joint and survivor annuities are adequate. However, the growth in 401(k) plans, which are generally not covered by existing laws protecting spousal pension rights, may leave widows vulnerable.

A Program Transformation for Backwards Analysis of Logic Programs

DEFF Research Database (Denmark)

Gallagher, John Patrick

2003-01-01

The input to backwards analysis is a program together with properties that are required to hold at given program points. The purpose of the analysis is to derive initial goals or pre-conditions that guarantee that, when the program is executed, the given properties hold. The solution for logic...... programs presented here is based on a transformation of the input program, which makes explicit the dependencies of the given program points on the initial goals. The transformation is derived from the resultants semantics of logic programs. The transformed program is then analysed using a standard...

Object-Oriented Programming in the Beta Programming Language

DEFF Research Database (Denmark)

Madsen, Ole Lehrmann; Møller-Pedersen, Birger; Nygaard, Kristen

This is a book on object-oriented programming and the BETA programming language. Object-oriented programming originated with the Simula languages developed at the Norwegian Computing Center, Oslo, in the 1960s. The first Simula language, Simula I, was intended for writing simulation programs....... Simula I was later used as a basis for defining a general purpose programming language, Simula 67. In addition to being a programming language, Simula1 was also designed as a language for describing and communicating about systems in general. Simula has been used by a relatively small community for many...... years, although it has had a major impact on research in computer science. The real breakthrough for object-oriented programming came with the development of Smalltalk. Since then, a large number of programming languages based on Simula concepts have appeared. C++ is the language that has had...

Repository-Based Software Engineering Program: Working Program Management Plan

Science.gov (United States)

1993-01-01

Repository-Based Software Engineering Program (RBSE) is a National Aeronautics and Space Administration (NASA) sponsored program dedicated to introducing and supporting common, effective approaches to software engineering practices. The process of conceiving, designing, building, and maintaining software systems by using existing software assets that are stored in a specialized operational reuse library or repository, accessible to system designers, is the foundation of the program. In addition to operating a software repository, RBSE promotes (1) software engineering technology transfer, (2) academic and instructional support of reuse programs, (3) the use of common software engineering standards and practices, (4) software reuse technology research, and (5) interoperability between reuse libraries. This Program Management Plan (PMP) is intended to communicate program goals and objectives, describe major work areas, and define a management report and control process. This process will assist the Program Manager, University of Houston at Clear Lake (UHCL) in tracking work progress and describing major program activities to NASA management. The goal of this PMP is to make managing the RBSE program a relatively easy process that improves the work of all team members. The PMP describes work areas addressed and work efforts being accomplished by the program; however, it is not intended as a complete description of the program. Its focus is on providing management tools and management processes for monitoring, evaluating, and administering the program; and it includes schedules for charting milestones and deliveries of program products. The PMP was developed by soliciting and obtaining guidance from appropriate program participants, analyzing program management guidance, and reviewing related program management documents.

Establishing the Ohio Petroleum Underground Storage Tank Release Compensation Board: Dispelling the notion of a open-quotes Pot of Goldclose quotes

International Nuclear Information System (INIS)

Murray, R.C.; Miller, J.J.

1993-01-01

The authors are the Executive Director and the Chief Financial Officer of the Ohio Petroleum Underground Storage Tank Release Compensation Board. Under the guidance of a public-sector governing board, they are responsible for implementing Ohio's UST Financial Assurance Fund program and for managing the resources and priorities necessary to maintain a solvent, practical approach to legislatively-mandated UST corrective action costs in Ohio. The paper will discuss: (1) the challenges of legislating and implementing a state assurance fund; (2) the task of defining the program's mission and coming to terms with open-quotes great expectationsclose quotes of tank owners and clean-up contractors; (3) implementing true cost-controls; how the regulatory back-drop contributes to costs and success; (4) managing the financial assets of an assurance fund and estimating future clean-up needs; (5) the search for the proper mix of financing alternatives, including reinsurance; (6) defining long-term success. The paper will develop the evolution of the essential elements of the Ohio Financial Assurance Fund and focus on the financial management of necessary resources to fulfill the public-sector mission. Managing claim costs and meeting the grassroots expectation of claimants underscore critical development issues: (1) establishing and communicating the Fund's purpose and management philosophy; (2) forging a companion relationship between industry and regulator; (3) how do such funds maintain solvency and dispel the notion that they constitute a open-quotes pot of goldclose quotes for environmental liability?

Program auto

International Nuclear Information System (INIS)

Rawool-Sullivan, M.W.; Plagnol, E.

1990-01-01

The program AUTO was developed to be used in the analysis of dE vs E type spectra. This program is written in FORTRAN and calculates dE vs E lines in MeV. The provision is also made in the program to convert these lines from MeV to ADC channel numbers to facilitate the comparison with the raw data from the experiments. Currently the output of this program can be plotted with the display program, called VISU, but it can also be used independent of the program VISU, with little or no modification in the actual fortran code. The program AUTO has many useful applications. In this article the program AUTO is described along with its applications

Demographic Modeling Via 3-dimensional Markov Chains

OpenAIRE

Viquez, Juan Jose; Campos, Alexander; Loria, Jorge; Mendoza, Luis Alfredo; Viquez, Jorge Aurelio

2017-01-01

This article presents a new model for demographic simulation which can be used to forecast and estimate the number of people in pension funds (contributors and retirees) as well as workers in a public institution. Furthermore, the model introduces opportunities to quantify the financial ows coming from future populations such as salaries, contributions, salary supplements, employer contribution to savings/pensions, among others. The implementation of this probabilistic model will be of great ...

A genetic algorithm-based search for parametric reform alternatives for the Turkish pension system : 2005-2060

OpenAIRE

Alparslan, Mustafa Artun

2005-01-01

Ankara : The Department of Economics, Bilkent Univ., 2005. Thesis (Master's) -- Bilkent University, 2005. Includes bibliographical references leaves 54-55. In this thesis, we search for parametric reform alternatives so as to achieve a balance in the long term accumulated difference between pension expenditures and revenues of the SSI, the largest pension fund in Turkey, from 2005 to 2060. The projected worker-retiree composition of the pension system is allowed to change al...

Kematangan Emosional, Percaya Diri Dan Kecemasan Pegawai Menghadapi Masa Pensiun

OpenAIRE

Sutrisno, Edy

2013-01-01

. This study aimed to determine the relationships between emotional maturity, self-confidence and the anxiety to face retirees. Subjects were 60 civil servants who are resident residing in the Territory Housing Complex Tandes. Data retrieval tool used is the scale emotional maturity, self-confidence scale and face the anxiety scale pension. Data were analyzed by using multiple reggression. The results showed: first, there was a negative relationship between emotional maturity and anxiety civi...

Factors Affecting Post-Service Wage Growth for Veterans

Science.gov (United States)

1991-12-01

Labor economics is primarily concerned with how employers and employees respond to changes in wages, prices, profits, and the non-pecuniary aspects...of the employment reLaticnship [Ref: 4, pg. 31 Two of the basic assumptions underlying labor economics are Lhat resources are scarce, and that people...Retiree’ Post-Service Earnigs and Empjoyment, February 1981, Fand Corporation. 4. Ehrenberq, R. G. and Smith, R. S., Modern Labor Economics . 3ra Edit on

A Playful Programming Products Vs. Programming Concepts Matrix

DEFF Research Database (Denmark)

Allsopp, Benjamin Brink

2017-01-01

to computer program: playful programming. This research also describes a project to bring together different stakeholders (developers, educators, parents and researchers) with a common vocabulary for describing, developing, teaching with and comparing these playful programming products and develops a model......A number of Danish primary schools are involved in pilot studies where 1st to 9th grade students work with Scratch and Lego MindStorms in STEM subjects. These games may become part of the curriculum at these schools. Recent research identifies a category of games and toys that support learning...... to provide educators and researchers involved in pilot studies with an overview of which programming concepts various playful programming products exercise (a playful programming products vs. programming concepts matrix). We also add additional concept specializations and expand on the descriptions...

Programming by Numbers -- A Programming Method for Complete Novices

NARCIS (Netherlands)

Glaser, Hugh; Hartel, Pieter H.

2000-01-01

Students often have difficulty with the minutiae of program construction. We introduce the idea of `Programming by Numbers', which breaks some of the programming process down into smaller steps, giving such students a way into the process of Programming in the Small. Programming by Numbers does not

Clean Coal Technology Demonstration Program: Program Update 1998

Energy Technology Data Exchange (ETDEWEB)

Assistant Secretary for Fossil Energy

1999-03-01

Annual report on the Clean Coal Technology Demonstration Program (CCT Program). The report address the role of the CCT Program, implementation, funding and costs, accomplishments, project descriptions, legislative history, program history, environmental aspects, and project contacts. The project descriptions describe the technology and provides a brief summary of the demonstration results.

Program specialization

CERN Document Server

Marlet, Renaud

2013-01-01

This book presents the principles and techniques of program specialization - a general method to make programs faster (and possibly smaller) when some inputs can be known in advance. As an illustration, it describes the architecture of Tempo, an offline program specializer for C that can also specialize code at runtime, and provides figures for concrete applications in various domains. Technical details address issues related to program analysis precision, value reification, incomplete program specialization, strategies to exploit specialized program, incremental specialization, and data speci

UNDERSTANDING THE RELATIONSHIPS OF PROGRAM SATISFACTION, PROGRAM LOYALTY AND STORE LOYALTY AMONG CARDHOLDERS OF LOYALTY PROGRAMS

Directory of Open Access Journals (Sweden)

Nor Asiah Omar

2011-01-01

Full Text Available Loyalty programs have increasingly attracted interest in both academic marketing research and practice. One major factor that has been increasingly discussed is loyalty. In this study we examine the influence of cardholders' satisfaction on loyalty (program loyalty and store loyalty in a retail context, namely, in department stores and superstores. Data were collected from 400 cardholders of a retail loyalty program in Klang Valley, Malaysia via the drop-off-and-collect technique. Structural modelling techniques were applied to analyze the data. The results indicated that program satisfaction is not related to store loyalty (share-of-wallet, share-of-visit and store preference. However, loyalty to the program (program loyalty plays a crucial intervening role in the relationship between program satisfaction and store loyalty. The study underscores the principal importance of program loyalty in the retail loyalty program.

Collectively loading programs in a multiple program multiple data environment

Science.gov (United States)

Aho, Michael E.; Attinella, John E.; Gooding, Thomas M.; Gooding, Thomas M.; Miller, Samuel J.

2016-11-08

Techniques are disclosed for loading programs efficiently in a parallel computing system. In one embodiment, nodes of the parallel computing system receive a load description file which indicates, for each program of a multiple program multiple data (MPMD) job, nodes which are to load the program. The nodes determine, using collective operations, a total number of programs to load and a number of programs to load in parallel. The nodes further generate a class route for each program to be loaded in parallel, where the class route generated for a particular program includes only those nodes on which the program needs to be loaded. For each class route, a node is selected using a collective operation to be a load leader which accesses a file system to load the program associated with a class route and broadcasts the program via the class route to other nodes which require the program.

Clean Coal Technology Demonstration Program: Program Update 2001

Energy Technology Data Exchange (ETDEWEB)

Assistant Secretary for Fossil Energy

2002-07-30

Annual report on the Clean Coal Technology Demonstration Program (CCT Program). The report address the role of the CCT Program, implementation, funding and costs, accomplishments, project descriptions, legislative history, program history, environmental aspects, and project contacts. The project descriptions describe the technology and provides a brief summary of the demonstration results. Also includes Power Plant Improvement Initiative Projects.

An Analysis of Programming Beginners' Source Programs

Science.gov (United States)

Matsuyama, Chieko; Nakashima, Toyoshiro; Ishii, Naohiro

The production of animations was made the subject of a university programming course in order to make students understand the process of program creation, and so that students could tackle programming with interest. In this paper, the formats and composition of the programs which students produced were investigated. As a result, it was found that there were a lot of problems related to such matters as how to use indent, how to apply comments and functions etc. for the format and the composition of the source codes.

Learners Programming Language a Helping System for Introductory Programming Courses

Directory of Open Access Journals (Sweden)

MUHAMMAD SHUMAIL NAVEED

2016-07-01

Full Text Available Programming is the core of computer science and due to this momentousness a special care is taken in designing the curriculum of programming courses. A substantial work has been conducted on the definition of programming courses, yet the introductory programming courses are still facing high attrition, low retention and lack of motivation. This paper introduced a tiny pre-programming language called LPL (Learners Programming Language as a ZPL (Zeroth Programming Language to illuminate novice students about elementary concepts of introductory programming before introducing the first imperative programming course. The overall objective and design philosophy of LPL is based on a hypothesis that the soft introduction of a simple and paradigm specific textual programming can increase the motivation level of novice students and reduce the congenital complexities and hardness of the first programming course and eventually improve the retention rate and may be fruitful in reducing the dropout/failure level. LPL also generates the equivalent high level programs from user source program and eventually very fruitful in understanding the syntax of introductory programming languages. To overcome the inherent complexities of unusual and rigid syntax of introductory programming languages, the LPL provide elementary programming concepts in the form of algorithmic and plain natural language based computational statements. The initial results obtained after the introduction of LPL are very encouraging in motivating novice students and improving the retention rate.

Analyzing Array Manipulating Programs by Program Transformation

Science.gov (United States)

Cornish, J. Robert M.; Gange, Graeme; Navas, Jorge A.; Schachte, Peter; Sondergaard, Harald; Stuckey, Peter J.

2014-01-01

We explore a transformational approach to the problem of verifying simple array-manipulating programs. Traditionally, verification of such programs requires intricate analysis machinery to reason with universally quantified statements about symbolic array segments, such as "every data item stored in the segment A[i] to A[j] is equal to the corresponding item stored in the segment B[i] to B[j]." We define a simple abstract machine which allows for set-valued variables and we show how to translate programs with array operations to array-free code for this machine. For the purpose of program analysis, the translated program remains faithful to the semantics of array manipulation. Based on our implementation in LLVM, we evaluate the approach with respect to its ability to extract useful invariants and the cost in terms of code size.

Subseabed-disposal program: systems-analysis program plan

International Nuclear Information System (INIS)

Klett, R.D.

1981-03-01

This report contains an overview of the Subseabed Nuclear Waste Disposal Program systems analysis program plan, and includes sensitivity, safety, optimization, and cost/benefit analyses. Details of the primary barrier sensitivity analysis and the data acquisition and modeling cost/benefit studies are given, as well as the schedule through the technical, environmental, and engineering feasibility phases of the program

Health or harm? A cohort study of the importance of job quality in extended workforce participation by older adults.

Science.gov (United States)

Welsh, Jennifer; Strazdins, Lyndall; Charlesworth, Sara; Kulik, Carol T; Butterworth, Peter

2016-08-25

As people are living longer, they are being encouraged to work longer. While it is assumed that extended employment will be good for health, the evidence has been mixed. This study considers whether employment and job quality exert an influence on four indicators of health status in older workers. Data for this study came from 836 older workers (440 men and 396 women) aged 50-59 years at baseline who participated in the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Using linear regression, we examine within-person change in self-rated, physical and mental health and one health behaviour (physical activity) at two time points over a nine year follow-up period. There were minimal differences in the way health changed for older adults who continued working compared to those who retired voluntarily. However, when we decomposed employment in terms of job quality, health outcomes diverged. Compared to voluntary retirees, older workers who had worked in good quality jobs reported marginally better self-rated health (0.14,-0.02-0.29); but did not differ in their physical (2.31,-1.09-5.72) or mental health (0.51,-1.84-2.87). In contrast, older workers who held poor quality jobs for most of the follow-up period declined in their self-rated (-1.13,-0.28 - -0.02), physical (-4.90, 8.52- - 1.29) and mental health (-4.67, 7.69- - 1.66) relative to voluntary retirees. Older workers who held poor quality jobs for just some of the follow-up period did not differ from voluntary retirees in terms of their health. However there was evidence of a linear relationship between length of exposure to poor quality jobs and decline in health outcomes. Extended working lives mean that people will be 'exposed' to work for longer, and this exposure will occur at a life stage characterised by declining health for many. Our findings show that ensuring older workers have access to secure jobs which allow for control over work time, skill use and fair rewards will be

Federal Wind Energy Program. Program summary. [USA

Energy Technology Data Exchange (ETDEWEB)

None

1978-01-01

The objective of the Federal Wind Energy Program is to accelerate the development of reliable and economically viable wind energy systems and enable the earliest possible commercialization of wind power. To achieve this objective for small and large wind systems requires advancing the technology, developing a sound industrial technology base, and addressing the non-technological issues which could deter the use of wind energy. This summary report outlines the projects being supported by the program through FY 1977 toward the achievement of these goals. It also outlines the program's general organization and specific program elements.

Automatic Construction of Java Programs from Functional Program Specifications

OpenAIRE

Md. Humayun Kabir

2015-01-01

This paper presents a novel approach to construct Java programs automatically from the input functional program specifications on natural numbers from the constructive proofs of the input specifications using an inductive theorem prover called Poiti'n. The construction of a Java program from the input functional program specification involves two phases. The theorem prover is used to construct a higher order functional (HOF) program from the input specification expressed as an existential the...

Environmental radioactive intercomparison program and radioactive standards program

Energy Technology Data Exchange (ETDEWEB)

Dilbeck, G. [Environmental Monitoring Systems Laboratory, Las Vegas, NV (United States)

1993-12-31

The Environmental Radioactivity Intercomparison Program described herein provides quality assurance support for laboratories involved in analyzing public drinking water under the Safe Drinking Water Act (SDWA) Regulations, and to the environmental radiation monitoring activities of various agencies. More than 300 federal and state nuclear facilities and private laboratories participate in some phase of the program. This presentation describes the Intercomparison Program studies and matrices involved, summarizes the precision and accuracy requirements of various radioactive analytes, and describes the traceability determinations involved with radioactive calibration standards distributed to the participants. A summary of program participants, sample and report distributions, and additional responsibilities of this program are discussed.

Evaluation process radiological in ternopil region method of box models

Directory of Open Access Journals (Sweden)

І.В. Матвєєва

2006-02-01

Full Text Available  Results of radionuclides Sr-90 flows analyses in the ecosystem of Kotsubinchiky village of Ternopolskaya oblast were analyzed. The block-scheme of ecosystem and its mathematical model using the box models method were made. It allowed us to evaluate the ways of dose’s loadings formation of internal irradiation for miscellaneous population groups – working people, retirees, children, and also to prognose the dynamic of these loadings during the years after the Chernobyl accident.

Preventing cognitive decline, sedentariness and malnutrition: the DOREMI approach

OpenAIRE

Parodi, Oberdan; Vozzi, Federico; Ferro, Erina; Fortunati, Luigi; Micheli, Alessio; Bacciu, Davide; Gallicchio, Claudio; Chessa, Stefano; Ascolese, Antonio

2015-01-01

All countries in Europe are experiencing an ageing of their populations, with a decrease in the number of people of working age per retiree. Health trends among the elderly are mixed: severe disability is declining in some countries but increasing in others, while mild disability and chronic disease are generally increasing. As a consequence, long-term care costs are certain to increase with the ageing of the population, unless appropriate measures are implemented and elderly people empowered...

Active Ageing in the Labour Market. Country Report – Norway

OpenAIRE

Helgøy, Ingrid

2004-01-01

The paper analyse active aging policy in the labour market in Norway. First, a statistical analysis of the changes in labour market is presented. Even though European countries are more challenged than Norway, demographic ageing puts some pressure on the labour force and the ability of the welfare state to meet the needs of increased retirees in the future. The statistical analysis deals with labour market participation, unemployment, part-time employment, education, early exit and w...

An intergenerational optimization analysis of alternative deficit reduction strategies for the pension system in Turkey

OpenAIRE

Çiftçi, Barış

2002-01-01

Cataloged from PDF version of article. The publicly managed pension system in Turkey is currently run by the pay-asyou-go (PAYG) scheme, using contributions out of wage/salary incomes of currently active workers to finance pension benefits to retirees. The expenditure-revenue balances of a PAYG-based scheme are determined by the existing configuration of system parameters: the contribution rate which defines the rate at which a worker’s payroll/wage is contributed to the pen...

Reforming Social Security: A Practical and Workable System of Personal Retirement Accounts

OpenAIRE

Fred T. Goldberg, Jr.; Michael J. Graetz

1999-01-01

This paper details a method for implementing personal retirement accounts (PRAs) as a part of Social Security reform. The approach described here answers the following questions: how funds are collected and credited to each participants' retirement account; how money is invested; and how funds are distributed to retirees. It is designed to accommodate a variety of answers to a wide range of important policy questions; to minimize administrative costs and distribute those costs in a fair and r...

The conscientious retiree: The relationship between conscientiousness, retirement, and volunteering

Science.gov (United States)

Mike, Anissa; Jackson, Joshua J.; Oltmanns, Thomas F.

2015-01-01

The current study examined the relationship between conscientiousness, work status, and volunteering utilizing two large samples, the St. Louis Personality and Aging Network (SPAN) and the Health and Retirement Study (HRS). It was hypothesized that conscientious adults who were retired would be more likely to volunteer because, after retirement, they gain a substantial amount of free time, while losing an outlet for their industrious and achievement-striving tendencies. Cross-sectional and longitudinal analyses revealed that conscientious, retired individuals were more likely to volunteer than conscientious, working individuals. Further analyses revealed that facets of conscientiousness provide differential information from the general trait. These findings indicate that volunteering during retirement fills an important niche for high-striving, conscientious individuals. PMID:25843985

The conscientious retiree: The relationship between conscientiousness, retirement, and volunteering.

Science.gov (United States)

Mike, Anissa; Jackson, Joshua J; Oltmanns, Thomas F

2014-10-01

The current study examined the relationship between conscientiousness, work status, and volunteering utilizing two large samples, the St. Louis Personality and Aging Network (SPAN) and the Health and Retirement Study (HRS). It was hypothesized that conscientious adults who were retired would be more likely to volunteer because, after retirement, they gain a substantial amount of free time, while losing an outlet for their industrious and achievement-striving tendencies. Cross-sectional and longitudinal analyses revealed that conscientious, retired individuals were more likely to volunteer than conscientious, working individuals. Further analyses revealed that facets of conscientiousness provide differential information from the general trait. These findings indicate that volunteering during retirement fills an important niche for high-striving, conscientious individuals.

The conscientious retiree: The relationship between conscientiousness, retirement, and volunteering

OpenAIRE

Mike, Anissa; Jackson, Joshua J.; Oltmanns, Thomas F.

2014-01-01

The current study examined the relationship between conscientiousness, work status, and volunteering utilizing two large samples, the St. Louis Personality and Aging Network (SPAN) and the Health and Retirement Study (HRS). It was hypothesized that conscientious adults who were retired would be more likely to volunteer because, after retirement, they gain a substantial amount of free time, while losing an outlet for their industrious and achievement-striving tendencies. Cross-sectional and lo...

Design Games

DEFF Research Database (Denmark)

Johansson, Martin Wetterstrand

2007-01-01

In this paper design games are discussed as an approach to managing design sessions. The focus is on the collaborative design session and more particular on how to set up the collaboration and reinsure progress. Design games have the advantage of framing the collaborative assignment at hand....... Experiments can be set up to explore possible futures and design games has the qualities of elegantly focus the work at the same time as it lessens the burden for the process facilitator. The present paper goes into detail about how design games can be set up to facilitate collaboration and how the design...

Veterinary Technician Program Director Leadership Style and Program Success

Science.gov (United States)

Renda-Francis, Lori A.

2012-01-01

Program directors of American Veterinary Medical Association (AVMA) accredited veterinary technician programs may have little or no training in leadership. The need for program directors of AVMA-accredited veterinary technician programs to understand how leadership traits may have an impact on student success is often overlooked. The purpose of…

Programming

International Nuclear Information System (INIS)

Jackson, M.A.

1982-01-01

The programmer's task is often taken to be the construction of algorithms, expressed in hierarchical structures of procedures: this view underlies the majority of traditional programming languages, such as Fortran. A different view is appropriate to a wide class of problem, perhaps including some problems in High Energy Physics. The programmer's task is regarded as having three main stages: first, an explicit model is constructed of the reality with which the program is concerned; second, this model is elaborated to produce the required program outputs; third, the resulting program is transformed to run efficiently in the execution environment. The first two stages deal in network structures of sequential processes; only the third is concerned with procedure hierarchies. (orig.)

Knowledge, programming, and programming cultures: LISP, C, and Ada

Science.gov (United States)

Rochowiak, Daniel

1990-01-01

The results of research 'Ada as an implementation language for knowledge based systems' are presented. The purpose of the research was to compare Ada to other programming languages. The report focuses on the programming languages Ada, C, and Lisp, the programming cultures that surround them, and the programming paradigms they support.

Is Health Care a Right? Health Reforms in the USA and their Impact Upon the Concept of Care.

Science.gov (United States)

Maruthappu, Mahiben; Ologunde, Rele; Gunarajasingam, Ayinkeran

2013-01-01

In 2008 United States President Barack Obama declared that health care "should be a right for every American".(1) This statement, although noble, does not reflect US healthcare statistics in recent times, with the number of uninsured reaching over 50 million in 2010.(2) Such disparity has sparked a political drive towards change, and the introduction of the Patient Protection and Affordable Care Act (PPACA).(3) These changes have been highly polemical, raising the fundamental question of whether health care is a right; a contract between the nation and its inhabitants granted at birth, or an entitlement; a privilege that must be earned as opposed to universally provided. Access to healthcare in the US is mediated by insurance coverage, either in the form of private or employer based cover, which may be government based for public sector employees or private for private sector employees. The majority of spending on healthcare however, comes from government expenditure on health programs such as Medicare, Medicaid, Tricare, and the State Children's Health Insurance Program (SCHIP).(4) Medicare is a federal government funded social insurance program that provides health insurance to people aged 65 and older, younger people with disabilities, and those with end stage renal failure requiring dialysis. Medicaid is a means tested insurance coverage program for individuals with low incomes and their families, and is jointly funded by state and federal governments. Tricare is a healthcare program that provides healthcare insurance for military personnel, retirees, and their dependents. The SCHIP provides states with federal government funding to provide health insurance to children from families with modest incomes that do not qualify for Medicaid. As such, although the majority of the US population is insured by federal, state, employer, or private health insurance, the remainders go uninsured.

System programming languages

OpenAIRE

Šmit, Matej

2016-01-01

Most operating systems are written in the C programming language. Similar is with system software, for example, device drivers, compilers, debuggers, disk checkers, etc. Recently some new programming languages emerged, which are supposed to be suitable for system programming. In this thesis we present programming languages D, Go, Nim and Rust. We defined the criteria which are important for deciding whether programming language is suitable for system programming. We examine programming langua...

Equipment qualification research program: program plan

International Nuclear Information System (INIS)

Dong, R.G.; Smith, P.D.

1982-01-01

The Lawrence Livermore National Laboratory (LLNL) under the sponsorship of the US Nuclear Regulatory Commission (NRC) has developed this program plan for research in equipment qualification (EQA). In this report the research program which will be executed in accordance with this plan will be referred to as the Equipment Qualification Research Program (EQRP). Covered are electrical and mechanical equipment under the conditions described in the OBJECTIVE section of this report. The EQRP has two phases; Phase I is primarily to produce early results and to develop information for Phase II. Phase I will last 18 months and consists of six projects. The first project is program management. The second project is responsible for in-depth evaluation and review of EQ issues and EQ processes. The third project is responsible for detailed planning to initiate Phase II. The remaining three projects address specific equipment; i.e., valves, electrical equipment, and a pump

40 CFR 68.175 - Prevention program/Program 3.

Science.gov (United States)

2010-07-01

... (CONTINUED) CHEMICAL ACCIDENT PREVENTION PROVISIONS Risk Management Plan § 68.175 Prevention program/Program 3. (a) For each Program 3 process, the owner or operator shall provide the information indicated in paragraphs (b) through (p) of this section. If the same information applies to more than one covered process...

A strategy for automatically generating programs in the lucid programming language

Science.gov (United States)

Johnson, Sally C.

1987-01-01

A strategy for automatically generating and verifying simple computer programs is described. The programs are specified by a precondition and a postcondition in predicate calculus. The programs generated are in the Lucid programming language, a high-level, data-flow language known for its attractive mathematical properties and ease of program verification. The Lucid programming is described, and the automatic program generation strategy is described and applied to several example problems.

Stochastic integer programming by dynamic programming

NARCIS (Netherlands)

Lageweg, B.J.; Lenstra, J.K.; Rinnooy Kan, A.H.G.; Stougie, L.; Ermoliev, Yu.; Wets, R.J.B.

1988-01-01

Stochastic integer programming is a suitable tool for modeling hierarchical decision situations with combinatorial features. In continuation of our work on the design and analysis of heuristics for such problems, we now try to find optimal solutions. Dynamic programming techniques can be used to

Applied Energy Program

Science.gov (United States)

Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research » Applied Energy Program Applied Energy Program Los Alamos is using its world-class scientific capabilities to enhance national energy security by developing energy sources with limited environmental impact

[Trends in participation in nonformal education in the second half of life : Increasing educational participation in retirement].

Science.gov (United States)

Wiest, Maja; Hoffmann, Madlain; Widany, Sarah; Kaufmann, Katrin

2017-05-22

Research on nonformal education often focuses on participation within employment. Participation of workers decreases with age; however, recent studies show an increase in participation in nonformal education of older workers. It remains, however, unclear if this trend spills over to retirement. In the context of social change processes, trends in nonformal educational participation are analyzed. The study addresses employment and retirement as opportunity structures and investigates their impact on educational participation in the second half of life. Predictors of educational participation are modeled in logistic regression, including interaction effects. Analyses are based on cross-sectional data of the German Ageing Survey and covers 20,129 respondents aged 40-85 years (T 1 : 1996 n = 4838; T 2 : 2002 n = 3084; T 3 : 2008 n = 6205; T 4 : 2014 n = 6002). Educational level, age, gender, employment status, region, social integration, and subjective health predict participation in nonformal education for people aged 40 to 85 years. Employment as an opportunity structure has a constant impact on participation, whereas retirees' participation increases over the course of time. The increase of retirees' participation in nonformal education is discussed in the context of social change processes and connected to theoretical und empirical research gaps with regard to educational participation in the second half of life.

It was all planned … now what? Claiming agency in later life in reforming China.

Science.gov (United States)

Liang, Jiayin; Luo, Baozhen

2017-11-01

This study explores the social construction of agency and wellbeing among 20 Chinese urban retirees aged between 50 and 82 years old (averaging 67), with a special focus on the impact of earlier life experiences in shaping later-life pathways. Today's retirees in urban China have experienced the communist collectivist ideology during the Mao era as well as the changes to everyday life brought about by the economic transformation from centrally planned socialism to a market-orientated economy. Thereby, life in retirement for Chinese elders becomes more than just an issue of dealing with increases in discretionary time after exit from full-time work, but also one of making sense of their earlier life experiences in the midst of dramatic social changes. A grounded theory approach with semi-structured, in-depth, face-to-face interviews was used for data collection and analysis. Three interrelated themes emerged: (a) reminiscence as a mechanism of meaning-making, (b) discovery and exercise of agency in later life in contrast to a rigidly structured earlier life, and (c) varying pathways to constructing the life-stage of retirement. The findings have refuted gerontological literature and public discourse that often portray Chinese elders as passive care recipients or helpless dependants. Further, the present study has practical implications for developing policies, designing programmes and providing services to improve the quality of life for today's older Chinese people.

Computer-Assisted Program Reasoning Based on a Relational Semantics of Programs

Directory of Open Access Journals (Sweden)

Wolfgang Schreiner

2012-02-01

Full Text Available We present an approach to program reasoning which inserts between a program and its verification conditions an additional layer, the denotation of the program expressed in a declarative form. The program is first translated into its denotation from which subsequently the verification conditions are generated. However, even before (and independently of any verification attempt, one may investigate the denotation itself to get insight into the "semantic essence" of the program, in particular to see whether the denotation indeed gives reason to believe that the program has the expected behavior. Errors in the program and in the meta-information may thus be detected and fixed prior to actually performing the formal verification. More concretely, following the relational approach to program semantics, we model the effect of a program as a binary relation on program states. A formal calculus is devised to derive from a program a logic formula that describes this relation and is subject for inspection and manipulation. We have implemented this idea in a comprehensive form in the RISC ProgramExplorer, a new program reasoning environment for educational purposes which encompasses the previously developed RISC ProofNavigator as an interactive proving assistant.

Abstract Interpretation of PIC programs through Logic Programming

DEFF Research Database (Denmark)

Henriksen, Kim Steen; Gallagher, John Patrick

2006-01-01

, are applied to the logic based model of the machine. A small PIC microcontroller is used as a case study. An emulator for this microcontroller is written in Prolog, and standard programming transformations and analysis techniques are used to specialise this emulator with respect to a given PIC program....... The specialised emulator can now be further analysed to gain insight into the given program for the PIC microcontroller. The method describes a general framework for applying abstractions, illustrated here by linear constraints and convex hull analysis, to logic programs. Using these techniques on the specialised...

Playing by Programming: Making Gameplay a Programming Activity

Science.gov (United States)

Weintrop, David; Wilensky, Uri

2016-01-01

Video games are an oft-cited reason for young learners getting interested in programming and computer science. As such, many learning opportunities build on this interest by having kids program their own video games. This approach, while sometimes successful, has its drawbacks stemming from the fact that the challenge of programming and game…

40 CFR 68.170 - Prevention program/Program 2.

Science.gov (United States)

2010-07-01

... (CONTINUED) CHEMICAL ACCIDENT PREVENTION PROVISIONS Risk Management Plan § 68.170 Prevention program/Program 2. (a) For each Program 2 process, the owner or operator shall provide in the RMP the information... the process. (c) The name(s) of the chemical(s) covered. (d) The date of the most recent review or...

Verification of Imperative Programs by Constraint Logic Program Transformation

Directory of Open Access Journals (Sweden)

Emanuele De Angelis

2013-09-01

Full Text Available We present a method for verifying partial correctness properties of imperative programs that manipulate integers and arrays by using techniques based on the transformation of constraint logic programs (CLP. We use CLP as a metalanguage for representing imperative programs, their executions, and their properties. First, we encode the correctness of an imperative program, say prog, as the negation of a predicate 'incorrect' defined by a CLP program T. By construction, 'incorrect' holds in the least model of T if and only if the execution of prog from an initial configuration eventually halts in an error configuration. Then, we apply to program T a sequence of transformations that preserve its least model semantics. These transformations are based on well-known transformation rules, such as unfolding and folding, guided by suitable transformation strategies, such as specialization and generalization. The objective of the transformations is to derive a new CLP program TransfT where the predicate 'incorrect' is defined either by (i the fact 'incorrect.' (and in this case prog is not correct, or by (ii the empty set of clauses (and in this case prog is correct. In the case where we derive a CLP program such that neither (i nor (ii holds, we iterate the transformation. Since the problem is undecidable, this process may not terminate. We show through examples that our method can be applied in a rather systematic way, and is amenable to automation by transferring to the field of program verification many techniques developed in the field of program transformation.

Building Strong Geoscience Programs: Perspectives From Three New Programs

Science.gov (United States)

Flood, T. P.; Munk, L.; Anderson, S. W.

2005-12-01

During the past decade, at least sixteen geoscience departments in the U.S. that offer a B.S. degree or higher have been eliminated or dispersed. During that same time, three new geoscience departments with degree-granting programs have been developed. Each program has unique student demographics, affiliation (i.e. public institution versus private liberal arts college), geoscience curricula and reasons for initiation. Some of the common themes for each program include; 1) strong devotion to providing field experiences, 2) commitment to student-faculty collaborative research, 3) maintaining traditional geology program elements in the core curriculum and 4) placing students into high quality graduate programs and geoscience careers. Although the metrics for each school vary, each program can claim success in the area of maintaining solid enrollments. This metric is critical because programs are successful only if they have enough students, either in the major and/or general education courses, to convince administrators that continued support of faculty, including space and funding is warranted. Some perspectives gained through the establishment of these new programs may also be applicable to established programs. The success and personality of a program can be greatly affected by the personality of a single faculty member. Therefore, it may not be in the best interest of a program to distribute programmatic work equally among all faculty. For example, critical responsibilities such as teaching core and introductory courses should be the responsibility of faculty who are fully committed to these pursuits. However, if these responsibilities reduce scholarly output, well-articulated arguments should be developed in order to promote program quality and sustainability rather than individual productivity. Field and undergraduate research experiences should be valued as much as high-quality classroom and laboratory instruction. To gain the support of the administration

Interfacing ANSYS to user's programs using UNIX shell program

Energy Technology Data Exchange (ETDEWEB)

Kim, In Yong; Kim, Beom Shig [Korea Atomic Energy Research Institute, Taejon (Korea, Republic of)

1994-01-01

It has been considered to be impossible to interface the ANSYS, which is the commercial finite element code and whose program is not open to public, to the other user's program. When the analysis need to be iterated, the user should wait until the analysis is finished and read the ANSYS result to make the input data for every iteration. In this report the direct interfacing techniques between the ANSYS and the other program using UNIX shell programming are proposed. The detail program lists and the application example are also provided. (Author) 19 refs., 6 figs., 7 tabs.

Clean Coal Technology Demonstration Program: Program update 1993

Energy Technology Data Exchange (ETDEWEB)

1994-03-01

The Clean Coal Technology Demonstration Program (also referred to as the CCT Program) is a $6.9 billion cost-shared industry/government technology development effort. The program is to demonstrate a new generation of advanced coal-based technologies, with the most promising technologies being moved into the domestic and international marketplace. Technology has a vital role in ensuring that coal can continue to serve U.S. energy interests and enhance opportunities for economic growth and employment while meeting the national committment to a clean and healthy global environment. These technologies are being advanced through the CCT Program. The CCT Program supports three substantive national objectives: ensuring a sustainable environment through technology; enhancing energy efficiency and reliability; providing opportunities for economic growth and employment. The technologies being demonstrated under the CCT Program reduce the emissions of sulfur oxides, nitrogen oxides, greenhouse gases, hazardous air pollutants, solid and liquid wastes, and other emissions resulting from coal use or conversion to other fuel forms. These emissions reductions are achieved with efficiencies greater than or equal to currently available technologies.

75 FR 58468 - Terrorism Risk Insurance Program; Program Loss Reporting

Science.gov (United States)

2010-09-24

... DEPARTMENT OF THE TREASURY Terrorism Risk Insurance Program; Program Loss Reporting AGENCY: Departmental Offices, Terrorism Risk Insurance Program Office, Treasury. ACTION: Notice and request for... 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Terrorism Risk Insurance Program...

Functional Programming in C# Classic Programming Techniques for Modern Projects

CERN Document Server

Sturm, Oliver

2011-01-01

Take advantage of the growing trend in functional programming. C# is the number-one language used by .NET developers and one of the most popular programming languages in the world. It has many built-in functional programming features, but most are complex and little understood. With the shift to functional programming increasing at a rapid pace, you need to know how to leverage your existing skills to take advantage of this trend. Functional Programming in C# leads you along a path that begins with the historic value of functional ideas. Inside, C# MVP and functional programming expert Oli

PLC Programming

International Nuclear Information System (INIS)

Lee, Seong Jae; Wi, Seong Dong; Yoo, Jong Seon; Kim, Se Chan

2001-02-01

This book tells of PLC programming for KGL-WIN with summary of PLC, performance and function of PLC like characteristic of KGL-WIN, connection method with PLC, basic performance of K200S/K300S/K1000S, diagram of input and output H/W, writing project, staring the program, editing of program, on-line function, debugging and instructions like control, timer and counter, data transmission, comparison, rotation and moving, system, data operating data conversion and application program.

Material Programming

DEFF Research Database (Denmark)

Vallgårda, Anna; Boer, Laurens; Tsaknaki, Vasiliki

2017-01-01

. Consequently we ask what the practice of programming and giving form to such materials would be like? How would we be able to familiarize ourselves with the dynamics of these materials and their different combinations of cause and effect? Which tools would we need and what would they look like? Will we program......, and color, but additionally being capable of sensing, actuating, and computing. Indeed, computers will not be things in and by themselves, but embedded into the materials that make up our surroundings. This also means that the way we interact with computers and the way we program them, will change...... these computational composites through external computers and then transfer the code them, or will the programming happen closer to the materials? In this feature we outline a new research program that floats between imagined futures and the development of a material programming practice....

Practical C++ programming

National Research Council Canada - National Science Library

Oualline, Steve

2003-01-01

... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 6 3 2. The Basics of Program Writing Programs from Conception to Execution Creating a Real Program Getting Help in Unix Getting Help in an IDE Programming...

The determinants of early retirement in Switzerland

OpenAIRE

Dorn, David; Sousa-Poza, Alfonso

2005-01-01

In the past decade, Switzerland has experienced a large increase in the number of individuals going into early retirement. This paper examines the determinants of such early retirement using data from the newly implemented social-security module of the 2002 Swiss Labor Force Survey. In the sixteen-month period from January 2001 to April 2002, more than 36,000 older individuals, representing 8% of all workers within nine years of legal retirement age, became early retirees. One of the most imp...

Optimal annuity portfolio under inflation risk

DEFF Research Database (Denmark)

Konicz, Agnieszka Karolina; Pisinger, David; Weissensteiner, Alex

2015-01-01

The paper investigates the importance of in ation-linked annuities to individuals facing in ation risk. Given the investment opportunities in nominal, real, and variable annuities, as well as cash and stocks, we investigate the consumption and investment decisions under two different objective fu...... and risk aversion, real annuities are a crucial asset in every portfolio. In addition, without investing in real annuities, the retiree has to rebalance the portfolio more frequently, and still obtains the lower and more volatile real consumption....

Phase I General Design Memorandum with Environmental Impact Statement. A Harbor for Light-Draft Vessels at Cross Village, Michigan

Science.gov (United States)

1981-07-01

indicative of the increase of olderI families and retirees moving to the area and the loss of younger adult family members from the region due to...uncaring-destruct’ve type persons, that prey on remote areas with no law enforcement and a few helpless residents. The shoreline north of Cross Village is...of the pounds of fish listed on Table I in 1979. The poundage fi >ires given are for those fish sold in the wholesale fish trade within Michigan only

Poczucie koherencji a zadowolenie z życia u kobiet i mężczyzn na emeryturze

OpenAIRE

Pasik, Maria

2007-01-01

The aim of the study was to analyze the relationship between sense of coherence (SOC) and life satisfaction in retired men and women, who stopped working. 120 retirees (60 men, 60 women) were examined using following techniques: The Sense of Coherence Questionnaire (SOC- 29) by A. Antonovsky, The Satisfaction with Life Scale (SWLS) by Diener et al. and The Scale “Emotions” by Wojciszke et al. The results point on differences between retired men and woman in the level of life satisfaction a...

Clean Coal Technology Programs: Program Update 2009

Energy Technology Data Exchange (ETDEWEB)

None

2009-10-01

The purpose of the Clean Coal Technology Programs: Program Update 2009 is to provide an updated status of the U.S. Department of Energy (DOE) commercial-scale demonstrations of clean coal technologies (CCT). These demonstrations have been performed under the Clean Coal Technology Demonstration Program (CCTDP), the Power Plant Improvement Initiative (PPII), and the Clean Coal Power Initiative (CCPI). Program Update 2009 provides: (1) a discussion of the role of clean coal technology demonstrations in improving the nation’s energy security and reliability, while protecting the environment using the nation’s most abundant energy resource—coal; (2) a summary of the funding and costs of the demonstrations; and (3) an overview of the technologies being demonstrated, along with fact sheets for projects that are active, recently completed, or recently discontinued.

Program overview: Subsurface science program

International Nuclear Information System (INIS)

1994-03-01

The OHER Subsurface Science Program is DOE's core basic research program concerned with subsoils and groundwater. These practices have resulted in contamination by mixtures of organic chemicals, inorganic chemicals, and radionuclides. A primary long-term goal is to provide a foundation of knowledge that will lead to the reduction of environmental risks and to cost-effective cleanup strategies. Since the Program was initiated in 1985, a substantial amount of research in hydrogeology, subsurface microbiology, and the geochemistry of organically complexed radionuclides has been completed, leading to a better understanding of contaminant transport in groundwater and to new insights into microbial distribution and function in the subsurface environments. The Subsurface Science Program focuses on achieving long-term scientific advances that will assist DOE in the following key areas: providing the scientific basis for innovative in situ remediation technologies that are based on a concept of decontamination through benign manipulation of natural systems; understanding the complex mechanisms and process interactions that occur in the subsurface; determining the influence of chemical and geochemical-microbial processes on co-contaminant mobility to reduce environmental risks; improving predictions of contaminant transport that draw on fundamental knowledge of contaminant behavior in the presence of physical and chemical heterogeneities to improve cleanup effectiveness and to predict environmental risks

MatLab Programming for Engineers Having No Formal Programming Knowledge

Science.gov (United States)

Shaykhian, Linda H.; Shaykhian, Gholam Ali

2007-01-01

MatLab is one of the most widely used very high level programming languages for Scientific and engineering computations. It is very user-friendly and needs practically no formal programming knowledge. Presented here are MatLab programming aspects and not just the MatLab commands for scientists and engineers who do not have formal programming training and also have no significant time to spare for learning programming to solve their real world problems. Specifically provided are programs for visualization. Also, stated are the current limitations of the MatLab, which possibly can be taken care of by Mathworks Inc. in a future version to make MatLab more versatile.

C++ Programming Language

Science.gov (United States)

Shaykhian, Gholam Ali

2007-01-01

C++ Programming Language: The C++ seminar covers the fundamentals of C++ programming language. The C++ fundamentals are grouped into three parts where each part includes both concept and programming examples aimed at for hands-on practice. The first part covers the functional aspect of C++ programming language with emphasis on function parameters and efficient memory utilization. The second part covers the essential framework of C++ programming language, the object-oriented aspects. Information necessary to evaluate various features of object-oriented programming; including encapsulation, polymorphism and inheritance will be discussed. The last part of the seminar covers template and generic programming. Examples include both user defined and standard templates.

Academy Sharing Knowledge (ASK). The NASA Source for Project Management Magazine, Volume 11, March 2003

Science.gov (United States)

2003-01-01

APPL is a research-based organization that serves NASA program and project managers, as well as project teams, at every level of development. In 1997, APPL was created from an earlier program to underscore the importance that NASA places on project management and project teams through a wide variety of products and services, including knowledge sharing, classroom and online courses, career development guidance, performance support, university partnerships, and advanced technology tools. ASK Magazine grew out of APPL's Knowledge Sharing Initiative. The stories that appear in ASK are written by the 'best of the best' project managers, primarily from NASA, but also from other government agencies and industry. Contributors to this issue include: Teresa Bailey, a librarian at the Jet Propulsion Laboratory, Roy Malone, Deputy Director in the Safety and Mission Assurance (S&MA) Office at the NASA Marshall Space Flight Center (MSFC), W. Scott Cameron, Capital Systems Manager for the Food and Beverage Global Business Unit of Procter and Gamble, Ray Morgan, recent retiree as Vice President of AeroVironment, Inc., Marty Davis, Program Manager of the Geostationary Operational Environmental Satellite (GOES) at the NASA Goddard Space Flight Center (GSFC) in Greenbelt, Maryland, Todd Post, editor of ASK Magazine, and works for EduTech Ltd. in Silver Spring, Maryland, Dr. Owen Gadeken, professor of Engineering Management at the Defense Acquisition University, Ken Schwer, currently the Project Manager of Solar Dynamics Observatory, Dr. Edward Hoffmwan, Director of the NASA Academy of Program and Project Leadership, Frank Snow, a member of the NASA Explorer Program at Goddard Space Flight Center since 1992, Dr. Alexander Laufer, Editor-in-Chief of ASK Magazine and a member of the Advisory Board of the NASA Academy of Program and Project Leadership, Judy Stokley, presently Air Force Program Executive Officer for Weapons in Washington, D.C. and Terry Little, Director of the Kinetic

Site Support Program Plan Infrastructure Program

International Nuclear Information System (INIS)

1995-01-01

The Fiscal Year 1996 Infrastructure Program Site Support Program Plan addresses the mission objectives, workscope, work breakdown structures (WBS), management approach, and resource requirements for the Infrastructure Program. Attached to the plan are appendices that provide more detailed information associated with scope definition. The Hanford Site's infrastructure has served the Site for nearly 50 years during defense materials production. Now with the challenges of the new environmental cleanup mission, Hanford's infrastructure must meet current and future mission needs in a constrained budget environment, while complying with more stringent environmental, safety, and health regulations. The infrastructure requires upgrading, streamlining, and enhancement in order to successfully support the site mission of cleaning up the Site, research and development, and economic transition

Computer program CDCID: an automated quality control program using CDC update

International Nuclear Information System (INIS)

Singer, G.L.; Aguilar, F.

1984-04-01

A computer program, CDCID, has been developed in coordination with a quality control program to provide a highly automated method of documenting changes to computer codes at EG and G Idaho, Inc. The method uses the standard CDC UPDATE program in such a manner that updates and their associated documentation are easily made and retrieved in various formats. The method allows each card image of a source program to point to the document which describes it, who created the card, and when it was created. The method described is applicable to the quality control of computer programs in general. The computer program described is executable only on CDC computing systems, but the program could be modified and applied to any computing system with an adequate updating program

General edition program

International Nuclear Information System (INIS)

Vaturi, Sylvain

1969-01-01

Computerized edition is essential for data processing exploitation. When a more or less complex edition program is required for each task, then the need for a general edition program become obvious. The aim of this study is to create a general edition program. Universal programs are capable to execute numerous and varied tasks. For a more precise processing, the execution of which is frequently required, the use of a specialized program is preferable because, contradictory to the universal program, it goes straight to the point [fr

Preretirement Programs within Service Firms: Existing and Planned Programs.

Science.gov (United States)

Siegel, Sidney R.; Rives, Janet M.

1980-01-01

A study of 300 nonmanufacturing firms' current and projected preretirement programs indicated that (1) personnel departments have primary responsibility for existing programs, (2) focus is changing from financial planning to psychological counseling, and (3) such programs benefit the company as well as the employee. (SK)

Performance Demonstration Program Plan for the WIPP Experimental-Waste Characterization Program

International Nuclear Information System (INIS)

1991-02-01

The Performance Demonstration Program is designed to ensure that compliance with the Quality Assurance Objective, identified in the Quality Assurance Program Plan for the WIPP Experimental-Waste Characterization Program (QAPP), is achieved. This Program Plan is intended for use by the WPO to assess the laboratory support provided for the characterization of WIPP TRU waste by the storage/generator sites. Phase 0 of the Performance Demonstration Program encompasses the analysis of headspace gas samples for inorganic and organic components. The WPO will ensure the implementation of this plan by designating an independent organization to coordinate and provide technical oversight for the program (Program Coordinator). Initial program support, regarding the technical oversight and coordination functions, shall be provided by the USEPA-ORP. This plan identifies the criteria that will be used for the evaluation of laboratory performance, the responsibilities of the Program Coordinator, and the responsibilities of the participating laboratories. 5 tabs

Functional Python programming

CERN Document Server

Lott, Steven

2015-01-01

This book is for developers who want to use Python to write programs that lean heavily on functional programming design patterns. You should be comfortable with Python programming, but no knowledge of functional programming paradigms is needed.

Development of a prototype Typhoon Risk Model over the Korean Peninsula

Science.gov (United States)

Kim, K. Y.; Cocke, S.; Shin, D. W.; CHOI, M.; Kwon, J.

2016-12-01

Risk can be defined as probability of a given hazard of a given level causing a particular level of loss of damage (Alexander, 2000). Risk management is important for mitigation and developing plans for emergencies. More effective risk management strategies can help reduce potential losses from natural disasters like typhoon, floods, earthquakes, and so on. We are developing a prototype typhoon risk model to assess the current and potentially future hazard due to typhoons in the Western Pacific. To develop the typhoon risk model, a variety of sources of data over Korea are used such as population, damage to buildings, agriculture, ships, etc. The model is based on proven concepts used in catastrophe models that have been used in the U.S. and other regions of the world. Recently, the sea surface temperatures where typhoons have occurred have tended to increase. According to recent studies of global warming, the intensity of typhoons could increase, and the frequency of typhoons may decrease in the future climate. The prototype risk model can help us determine the change in risk as a consequence of the change in typhoon activity. We focus on Korea and other regions of interest to Korean insurers, re-insurers, and related industries. The model can potentially be coupled to various damage models or emergency management systems for planning and mitigation. In addition, the assessment would be useful for emergency planners, coastal community planners, and private and governmental insurance programs. This work was funded by the Korea Meteorological Administration Research and Development Program under Grant KMIPA2016-8030.

Program evaluation: Weatherization Residential Assistance Partnership (WRAP) Program

Energy Technology Data Exchange (ETDEWEB)

1991-12-01

The Connecticut low income weatherization program was developed in response to a 1987 rate docket order from the Connecticut Department of Public Utility Control (DPUC) to Connecticut Light Power Co., an operating subsidiary of Northeast Utilities (NU). (Throughout this report, NU is referred to as the operator of the program.) This program, known as the Weatherization Residential Assistance Partnership, or WRAP, was configured utilizing input from a collaborative group of interested parties to the docket. It was agreed that this program would be put forth by the electric utility, but would not ignore oil and gas savings (thus, it was to be fuel- blind''). The allocated cost of conservation services for each fuel source, however, should be cost effective. It was to be offered to those utility customers at or below 200 percent of the federal poverty levels, and provide a wide array of energy saving measures directed toward heating, water heating and lighting. It was felt by the collaborative group that this program would raise the level of expenditures per participant for weatherization services provided by the state, and by linking to and revising the auditing process for weatherization, would lower the audit unit cost. The program plans ranged from the offering of low-cost heating, water heating and infiltration measures, increased insulation levels, carpentry and plumbing services, to furnace or burner replacement. The program was configured to allow for very comprehensive weatherization and heating system servicing.

Programming for controlling of pulse radiolysis setup. Program RADIO96

International Nuclear Information System (INIS)

Mirkowski, J.; Grodkowski, J.

1998-01-01

Program RADIO96 was written in Pascal using DELPHI 1.0 (Borland) programming platform. It can operate on IBM PC compatible computers in WINDOWS 3x or WINDOWS'95 environment. The program is dedicated to the pulse radiolysis setup based on the linear electron accelerator LAE 13/9 of the Department of Radiation Chemistry and Technology of the INCT. This work was based on apparatus and results described before and also on programming manuals of used equipment and technical data of programming platform. (author)

Programming F#

CERN Document Server

Smith, Chris

2009-01-01

Why learn F#? This multi-paradigm language not only offers you an enormous productivity boost through functional programming, it also lets you develop applications using your existing object-oriented and imperative programming skills. With Programming F#, you'll quickly discover the many advantages of Microsoft's new language, which includes access to all the great tools and libraries of the .NET platform. Learn how to reap the benefits of functional programming for your next project -- whether it's quantitative computing, large-scale data exploration, or even a pursuit of your own. With th

Programming Interactivity

CERN Document Server

Noble, Joshua

2009-01-01

Make cool stuff. If you're a designer or artist without a lot of programming experience, this book will teach you to work with 2D and 3D graphics, sound, physical interaction, and electronic circuitry to create all sorts of interesting and compelling experiences -- online and off. Programming Interactivity explains programming and electrical engineering basics, and introduces three freely available tools created specifically for artists and designers: Processing, a Java-based programming language and environment for building projects on the desktop, Web, or mobile phonesArduino, a system t

Simulation and the future of military medicine.

Science.gov (United States)

Leitch, Robert A; Moses, Gerald R; Magee, Harvey

2002-04-01

The U.S. military currently faces serious difficulties in training medical personnel in peacetime for the tasks of war. The military beneficiary population comprises fit young service men and women, their dependents, and retirees. Their peacetime care, although vital, does little to prepare military medical personnel for war. Medical commanders have instituted an array of training programs to compensate for this shortfall, but there remains a large gap between operational medical needs and training opportunities in peacetime. The military has begun to examine whether simulation can fill this gap. An array of commercial, off-the-shelf technologies are already being used with varying degrees of success, and major initiatives are under way in both academia and industry, supported by the military, to develop virtual reality products for combat medical training. Even as the military exploits emerging technology and begins to articulate a simulation strategy, there is a growing interest in civilian medicine in the potential for simulation to affect patient safety--how medical simulation might mitigate the injuries and deaths caused by medical errors--and how it might also improve the quality of medical education and training.

Choreographic Programming

DEFF Research Database (Denmark)

Montesi, Fabrizio

, as they offer a concise view of the message flows enacted by a system. For this reason, in the last decade choreographies have been used in the development of programming languages, giving rise to a programming paradigm that in this dissertation we refer to as Choreographic Programming. Recent studies show...... endpoint described in a choreography can then be automatically generated, ensuring that such implementations are safe by construction. However, current formal models for choreographies do not deal with critical aspects of distributed programming, such as asynchrony, mobility, modularity, and multiparty...... sessions; it remains thus unclear whether choreographies can still guarantee safety when dealing with such nontrivial features. This PhD dissertation argues for the suitability of choreographic programming as a paradigm for the development of safe distributed systems. We proceed by investigating its...

Teaching object-oriented programming on top of functional programming

DEFF Research Database (Denmark)

Kristensen, Jens Thyge; Hansen, Michael Reichhardt; Richel, Hans

2001-01-01

programming in the construction of OO programs. This is done following a method where the program design is expressed in SML and afterwards implemented in Java. The use of different languages in design and implementation is an advantage as it makes the distinction between these two stages very clear...

The observed clustering of damaging extratropical cyclones in Europe

Science.gov (United States)

Cusack, Stephen

2016-04-01

The clustering of severe European windstorms on annual timescales has substantial impacts on the (re-)insurance industry. Our knowledge of the risk is limited by large uncertainties in estimates of clustering from typical historical storm data sets covering the past few decades. Eight storm data sets are gathered for analysis in this study in order to reduce these uncertainties. Six of the data sets contain more than 100 years of severe storm information to reduce sampling errors, and observational errors are reduced by the diversity of information sources and analysis methods between storm data sets. All storm severity measures used in this study reflect damage, to suit (re-)insurance applications. The shortest storm data set of 42 years provides indications of stronger clustering with severity, particularly for regions off the main storm track in central Europe and France. However, clustering estimates have very large sampling and observational errors, exemplified by large changes in estimates in central Europe upon removal of one stormy season, 1989/1990. The extended storm records place 1989/1990 into a much longer historical context to produce more robust estimates of clustering. All the extended storm data sets show increased clustering between more severe storms from return periods (RPs) of 0.5 years to the longest measured RPs of about 20 years. Further, they contain signs of stronger clustering off the main storm track, and weaker clustering for smaller-sized areas, though these signals are more uncertain as they are drawn from smaller data samples. These new ultra-long storm data sets provide new information on clustering to improve our management of this risk.

Site Support Program Plan Infrastructure Program

Energy Technology Data Exchange (ETDEWEB)

NONE

1995-09-26

The Fiscal Year 1996 Infrastructure Program Site Support Program Plan addresses the mission objectives, workscope, work breakdown structures (WBS), management approach, and resource requirements for the Infrastructure Program. Attached to the plan are appendices that provide more detailed information associated with scope definition. The Hanford Site`s infrastructure has served the Site for nearly 50 years during defense materials production. Now with the challenges of the new environmental cleanup mission, Hanford`s infrastructure must meet current and future mission needs in a constrained budget environment, while complying with more stringent environmental, safety, and health regulations. The infrastructure requires upgrading, streamlining, and enhancement in order to successfully support the site mission of cleaning up the Site, research and development, and economic transition.

Employee Assistance Programs.

Science.gov (United States)

Levine, Hermine Zagat

1985-01-01

The author reports company responses to a questionnaire concerning employee assistance programs (EAP). Answers concern EAP structure, staff training, use of outside consultant, services provided by EAPs, program administration, employee confidence in EAPs, advertising the program, program philosophy, problems encountered by EAP users, coverage and…

Assembly processor program converts symbolic programming language to machine language

Science.gov (United States)

Pelto, E. V.

1967-01-01

Assembly processor program converts symbolic programming language to machine language. This program translates symbolic codes into computer understandable instructions, assigns locations in storage for successive instructions, and computer locations from symbolic addresses.

Patient Protection and Affordable Care Act; exchange and insurance market standards for 2015 and beyond. Final rule.

Science.gov (United States)

2014-05-27

This final rule addresses various requirements applicable to health insurance issuers, Affordable Insurance Exchanges (``Exchanges''), Navigators, non-Navigator assistance personnel, and other entities under the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 (collectively referred to as the Affordable Care Act). Specifically, the rule establishes standards related to product discontinuation and renewal, quality reporting, non-discrimination standards, minimum certification standards and responsibilities of qualified health plan (QHP) issuers, the Small Business Health Options Program, and enforcement remedies in Federally-facilitated Exchanges. It also finalizes: A modification of HHS's allocation of reinsurance collections if those collections do not meet our projections; certain changes to allowable administrative expenses in the risk corridors calculation; modifications to the way we calculate the annual limit on cost sharing so that we round this parameter down to the nearest $50 increment; an approach to index the required contribution used to determine eligibility for an exemption from the shared responsibility payment under section 5000A of the Internal Revenue Code; grounds for imposing civil money penalties on persons who provide false or fraudulent information to the Exchange and on persons who improperly use or disclose information; updated standards for the consumer assistance programs; standards related to the opt-out provisions for self-funded, non-Federal governmental plans and related to the individual market provisions under the Health Insurance Portability and Accountability Act of 1996 including excepted benefits; standards regarding how enrollees may request access to non-formulary drugs under exigent circumstances; amendments to Exchange appeals standards and coverage enrollment and termination standards; and time-limited adjustments to the standards relating to the medical loss ratio

75 FR 70083 - Emergency Forest Restoration Program and Emergency Conservation Program

Science.gov (United States)

2010-11-17

... Restoration Program and Emergency Conservation Program AGENCY: Farm Service Agency, USDA. ACTION: Interim rule. SUMMARY: The Farm Service Agency (FSA) is amending regulations as required by the Food, Conservation, and... as follows: PART 701--EMERGENCY CONSERVATION PROGRAM, EMERGENCY FOREST RESTORATION PROGRAM, AND...

Programming with joystick

OpenAIRE

Banič, Nejc

2014-01-01

In this thesis, we implemented a way of programming by means of gaming accessories. The main reason is that to show a diferent way of developing programs, because vast majority of programers are using two input / output devices: keyboard and mouse. These two devices have become standard and will definitely remain so in the future. For our implementation, we used high-level programming language Java and NetBeans integrated development environment. The program is actually a ...

Combining program visualization with programming workspace to assist students for completing programming laboratory task

Directory of Open Access Journals (Sweden)

Elvina Elvina

2018-06-01

Full Text Available Numerous Program Visualization tools (PVs have been developed for assisting novice students to understand their source code further. However, none of them are practical to be used in the context of completing programming laboratory task; students are required to keep switching between PV and programming workspace when they need to know how their code works. This paper combines PV with programming workspace to handle such issue. Resulted tool (which is named PITON has 13 features extracted from PythonTutor, PyCharm, and student’s feedbacks about PythonTutor. According to think-aloud and user study, PITON is more practical to be used than a combination of PythonTutor and PyCharm. Further, its features are considerably helpful; students rated these features as useful and frequently used.

Chinese nuclear insurance and Chinese nuclear insurance pool

International Nuclear Information System (INIS)

Gong Zhiqi

2000-01-01

Chinese Nuclear Insurance Started with Daya Bay Nuclear Power Station, PICC issued the insurance policy. Nuclear insurance cooperation between Chinese and international pool's organizations was set up in 1989. In 1996, the Chinese Nuclear Insurance Pool was prepared. The Chinese Nuclear Insurance Pool was approved by The Chinese Insurance Regulatory Committee in May of 1999. The principal aim is to centralize maximum the insurance capacity for nuclear insurance from local individual insurers and to strengthen the reinsurance relations with international insurance pools so as to provide the high quality insurance service for Chinese nuclear industry. The Member Company of Chinese Nuclear Pool and its roles are introduced in this article

An Attempt of Making Program-Generated Animation in a Beginners’ Programming Class

Science.gov (United States)

Matsuyama, Chieko; Nakashima, Toyoshiro; Ishii, Naohiro

In general, mathematical subjects are used for programming education in universities. In this case, many students lose the interest in the programming because the students have the preconception that is difficult to program by using the mathematical expressions. Especially beginners of the programming are a tendency to lose the interest. Therefore it is pointed out to use the subjects which do not need mathematical knowledge as much as possible. In this paper the authors have tried to make animation that are generated by programs instead of the mathematical subjects in a beginners’ programming class using C language used in a wide-ranging field. The authors discuss about improvements of the interest of students for programming by the try that is to make animation by programs in a programming class and refer to its effects.

Clean Coal Technology Programs: Program Update 2003 (Volume 1)

Energy Technology Data Exchange (ETDEWEB)

Assistant Secretary for Fossil Energy

2003-12-01

Annual report on the Clean Coal Technology Demonstration Program (CCTDP), Power Plant Improvement Initiative (PPII), and Clean Coal Power Initiative (CCPI). The report addresses the roles of the programs, implementation, funding and costs, project descriptions, legislative history, program history, environmental aspects, and project contacts. The project descriptions describe the technology and provides a brief summary of the demonstration results.

Demography, Capital Flows and Asset Allocation over the Life-cycle

OpenAIRE

Mann, Katja; Davenport, Margaret

2016-01-01

This paper studies the effect of population aging on portfolio choice, asset prices and international asset trades. In a multi-period OLG model, we analyze how an increase in longevity or a decrease in fertility in a country affects the demand for safe and risky assets. In a closed economy, given a fixed supply, the riskfree rate falls and the risk premium rises, because retirees prefer to hold a larger share of safe assets in their portfolio than working-age households. In a financially inte...

Sökande efter mening och identitet - upplevelser i samband med pensionering : En explorativ studie med pensionärers egna berättelser som grund.

OpenAIRE

Christensson, Jenny

2015-01-01

This is a qualitative study aiming to examine peoples’ experiences when retiring. In that purpose a criteria based sample has been used, participants have been asked in that they fulfilled the criteria’s to be a retiree within the age of 65 to 71 years of age. The reason of the age criteria was that the experiences should not be so far away in time. Data has been collected through 11 semi-structured interviews which has been recorded and transcribed ongoing during the collecting of data. Them...

Active sites environmental monitoring Program - Program Plan: Revision 2

International Nuclear Information System (INIS)

Morrissey, C.M.; Hicks, D.S.; Ashwood, T.L.; Cunningham, G.R.

1994-05-01

The Active Sites Environmental Monitoring Program (ASEMP), initiated in 1989, provides early detection and performance monitoring of active low-level-waste (LLW) and transuranic (TRU) waste facilities at Oak Ridge National Laboratory (ORNL). Several changes have recently occurred in regard to the sites that are currently used for waste storage and disposal. These changes require a second set of revisions to the ASEMP program plan. This document incorporates those revisions. This program plan presents the organization and procedures for monitoring the active sites. The program plan also provides internal reporting levels to guide the evaluation of monitoring results

NASA Graduate Student Researchers Program Ronald E. McNair PhD Program

Science.gov (United States)

Howard, Sunnie

1998-01-01

The NASA Ronald E. McNair PHD Program was funded in September 1995. Implementation began during the spring of 1996. The deferment of the actual program initial semester enabled the program to continue support through the fall semester of 1998. This was accomplished by a no-cost extension from August 15, 1998 through December 31, 1998. There were 12 fellows supported by the program in 1996, 15 fellows in 1997, and 15 fellows 1998. Current program capacity is 15 fellows per funding support. Support for the academic outreach component began in spring 1998. The program was named the "Good Enough" Crew Activity (GECA) in honor of Dr. McNair's philosophy of everyone being good enough to achieve anything they want bad enough. The program currently enrolls 65 students from the third through the eight grades. The program is held 12 Saturdays per semester. The time is 9:00 AM to 12:30 PM each Saturday Morning. Program direction and facilitation is jointly administered with the PHD fellows and the Saturday Academy staff. Dr. John Kelly, REM-PHD Principal Investigator serves in a program oversight and leadership capacity. Ms. Sunnie Howard, The NASA REM-PHD Administrative Coordinator serves in an administrative and logistical capacity. Mr. Aaron Hatch, the NASA-AMES Liaison Officer, serve@'in a consultative and curriculum review capacity. The first recognition activity will be held on December 12, 1998, with the students, parents, faculty, PHD fellows, and other local student support services persons. Program outreach efforts are jointly supported by the NASA REM-PHD Program and the National Space Grant College and Fellowship Program. The Ph.D. program reached its first milestone in May 1998. North Carolina A&T State University graduated the first Ph.D. fellows. The first three Ph.D. Alumni were Ronald E. McNair PHD Program Fellows. It is hoped that this is just the beginning of a highly acclaimed doctoral program. The ultimate program success will be recognized when the

Implementing corporate wellness programs: a business approach to program planning.

Science.gov (United States)

Helmer, D C; Dunn, L M; Eaton, K; Macedonio, C; Lubritz, L

1995-11-01

1. Support of key decision makers is critical to the successful implementation of a corporate wellness program. Therefore, the program implementation plan must be communicated in a format and language readily understood by business people. 2. A business approach to corporate wellness program planning provides a standardized way to communicate the implementation plan. 3. A business approach incorporates the program planning components in a format that ranges from general to specific. This approach allows for flexibility and responsiveness to changes in program planning. 4. Components of the business approach are the executive summary, purpose, background, ground rules, approach, requirements, scope of work, schedule, and financials.

Cavity design programs

International Nuclear Information System (INIS)

Nelson, E.M.

1996-01-01

Numerous computer programs are available to help accelerator physicists and engineers model and design accelerator cavities and other microwave components. This article discusses the problems these programs solve and the principles upon which these programs are based. Some examples of how these programs are used in the design of accelerator cavities are also given

Employee assistance programs: history and program description.

Science.gov (United States)

Gilbert, B

1994-10-01

1. The history and development of Employee Assistance Programs (EAPs) can be traced back to the 1800s. There are currently over 10,000 EAPs in the United States. 2. Standards for program accreditation and counselor certification have been established for EAPs. The "core technology of Employee Assistance Programs" includes identification of behavioural problems based on job performance issues, expert consultation with supervisors, appropriate use of constructive confrontation, microlinkages with treatment providers and resources, macrolinkages between providers, resources, and work organizations, focus on substance abuse, and evaluation of employee success based on job performance. 3. Some EAPs take a broad brush approach, and incorporate health promotion and managed care functions.

Safety and Mission Assurance Knowledge Management Retention: Managing Knowledge for Successful Mission Operations

Science.gov (United States)

Johnson, Teresa A.

2006-01-01

Knowledge Management is a proactive pursuit for the future success of any large organization faced with the imminent possibility that their senior managers/engineers with gained experiences and lessons learned plan to retire in the near term. Safety and Mission Assurance (S&MA) is proactively pursuing unique mechanism to ensure knowledge learned is retained and lessons learned captured and documented. Knowledge Capture Event/Activities/Management helps to provide a gateway between future retirees and our next generation of managers/engineers. S&MA hosted two Knowledge Capture Events during 2005 featuring three of its retiring fellows (Axel Larsen, Dave Whittle and Gary Johnson). The first Knowledge Capture Event February 24, 2005 focused on two Safety and Mission Assurance Safety Panels (Space Shuttle System Safety Review Panel (SSRP); Payload Safety Review Panel (PSRP) and the latter event December 15, 2005 featured lessons learned during Apollo, Skylab, and Space Shuttle which could be applicable in the newly created Crew Exploration Vehicle (CEV)/Constellation development program. Gemini, Apollo, Skylab and the Space Shuttle promised and delivered exciting human advances in space and benefits of space in people s everyday lives on earth. Johnson Space Center's Safety & Mission Assurance team work over the last 20 years has been mostly focused on operations we are now beginning the Exploration development program. S&MA will promote an atmosphere of knowledge sharing in its formal and informal cultures and work processes, and reward the open dissemination and sharing of information; we are asking "Why embrace relearning the "lessons learned" in the past?" On the Exploration program the focus will be on Design, Development, Test, & Evaluation (DDT&E); therefore, it is critical to understand the lessons from these past programs during the DDT&E phase.

FY85 Program plan for the Defense Transuranic Waste Program (DTWP)

International Nuclear Information System (INIS)

1984-11-01

The Defense TRU Waste Program (DTWP) is the focal point for the Department of Energy in national planning, integration, and technical development for TRU waste management. The scope of this program extends from the point of TRU waste generation through delivery to a permanent repository. The TRU program maintains a close interface with repository development to ensure program compatibility and coordination. The defense TRU program does not directly address commercial activities that generate TRU waste. Instead, it is concerned with providing alternatives to manage existing and future defense TRU wastes. The FY85 Program Plan is consistent with the Defense TRU Waste Program goals and objectives stated in the Defense Transuranic Waste Program Strategy Document, January 1984. The roles of participants, the responsibilities and authorities for Research and Development (R and D), the organizational interfaces and communication channels for R and D and the establishment of procedures for planning, reporting, and budgeting of all R and D activities meet requirements stated in the Technical Management Plan for the Transuranic Waste Management Program. The Program Plan is revised as needed. The work breakdown structure is reflected graphically immediately following the Administration section and is described in the subsequent narrative. Detailed budget planning (i.e., programmatic funding and capital equipment) is presented for FY85; outyear budget projections are presented for future years

An Intelligent Robot Programing

Energy Technology Data Exchange (ETDEWEB)

Hong, Seong Yong

2012-01-15

This book introduces an intelligent robot programing with background of the begging, introduction of VPL, and SPL, building of environment for robot platform, starting of robot programing, design of simulation environment, robot autonomy drive control programing, simulation graphic. Such as SPL graphic programing graphical image and graphical shapes, and graphical method application, application of procedure for robot control, robot multiprogramming, robot bumper sensor programing, robot LRF sencor programing and robot color sensor programing.

Purely Functional Structured Programming

OpenAIRE

Obua, Steven

2010-01-01

The idea of functional programming has played a big role in shaping today's landscape of mainstream programming languages. Another concept that dominates the current programming style is Dijkstra's structured programming. Both concepts have been successfully married, for example in the programming language Scala. This paper proposes how the same can be achieved for structured programming and PURELY functional programming via the notion of LINEAR SCOPE. One advantage of this proposal is that m...

An Intelligent Robot Programing

International Nuclear Information System (INIS)

Hong, Seong Yong

2012-01-01

This book introduces an intelligent robot programing with background of the begging, introduction of VPL, and SPL, building of environment for robot platform, starting of robot programing, design of simulation environment, robot autonomy drive control programing, simulation graphic. Such as SPL graphic programing graphical image and graphical shapes, and graphical method application, application of procedure for robot control, robot multiprogramming, robot bumper sensor programing, robot LRF sencor programing and robot color sensor programing.

Multi-dimensional Rankings, Program Termination, and Complexity Bounds of Flowchart Programs

OpenAIRE

Alias , Christophe; Darte , Alain; Feautrier , Paul; Gonnord , Laure

2010-01-01

International audience; Proving the termination of a flowchart program can be done by exhibiting a ranking function, i.e., a function from the program states to a well-founded set, which strictly decreases at each program step. A standard method to automatically generate such a function is to compute invariants for each program point and to search for a ranking in a restricted class of functions that can be handled with linear programming techniques. Previous algorithms based on affine rankin...

Programming in COBOL

CERN Document Server

Lancaster, G T

2014-01-01

Programming in COBOL is a simple yet concise how-to book that teaches the programming language in a short yet effective step-by-step manner, which can be easily understood by anyone with sufficient knowledge in information technology. Covering first the advantages of COBOL over other programming languages, the book discusses COBOL's divisions - identification, environment, procedure, and data, and then describes the testing of the COBOL source programs and program questions. The book is valuable for those who wish to learn basic COBOL language, but do not have the time to take manufacturers' o

Fusion Energy Postdoctoral Research Program, Professional Development Program: FY 1987 annual report

International Nuclear Information System (INIS)

1988-01-01

In FY 1986, Oak Ridge Associated Universities (ORAU) initiated two programs for the US Department of Energy (DOE), Office of Fusion Energy (OFE): the Fusion Energy Postdoctoral Research Program and the Fusion Energy Professional Development Program. These programs provide opportunities to conduct collaborative research in magnetic fusion energy research and development programs at DOE laboratories and contractor sites. Participants become trained in advanced fusion energy research, interact with outstanding professionals, and become familiar with energy-related national issues while making personal contributions to the search for solutions to scientific problems. Both programs enhance the national fusion energy research and development effort by providing channels for the exchange of scientists and engineers, the diffusion of ideas and knowledge, and the transfer of relevant technologies. These programs, along with the Magnetic Fusion Energy Science and Technology Fellowship Programs, compose the fusion energy manpower development programs administered by ORAU for DOE/OFE

Program Fullerene

DEFF Research Database (Denmark)

Wirz, Lukas; Peter, Schwerdtfeger,; Avery, James Emil

2013-01-01

Fullerene (Version 4.4), is a general purpose open-source program that can generate any fullerene isomer, perform topological and graph theoretical analysis, as well as calculate a number of physical and chemical properties. The program creates symmetric planar drawings of the fullerene graph, an......-Fowler, and Brinkmann-Fowler vertex insertions. The program is written in standard Fortran and C++, and can easily be installed on a Linux or UNIX environment....

SPOT Program

Science.gov (United States)

Smith, Jason T.; Welsh, Sam J.; Farinetti, Antonio L.; Wegner, Tim; Blakeslee, James; Deboeck, Toni F.; Dyer, Daniel; Corley, Bryan M.; Ollivierre, Jarmaine; Kramer, Leonard;

Effectiveness and Successful Program Elements of SOAR’s Afterschool Programs

Directory of Open Access Journals (Sweden)

Janet L. Johnson

2007-03-01

Full Text Available Project SOAR provided after-school programs that afforded expanded learning opportunities to help students succeed in local public schools and to contribute to the general welfare of the community. Program components focused on building students’ academic skills and positive attitudes, aided by teachers, mentors, parent education, and local agencies. Instructional programs were conducted to help reduce drug use and violence. Activities included academic assistance, technology training, mentoring, service learning projects, and education in life skills and the arts. Parent involvement was encouraged. Behavioral and academic outcomes—especially at the high school level—were analyzed to determine program effectiveness regarding academic achievement, dropout rates, and rates and frequency of suspensions. Successful program elements and strategies are noted.

Nuclear Power Infrastructure Development Program: Korean Education Program

International Nuclear Information System (INIS)

Choi, Sung Yeol; Hwang, Il Soon; Kim, Si Hwan

2009-01-01

Many countries have decided nuclear power for next energy resources as one of the long-term energy supply options. IAEA projected nuclear power expansion up to 2030 reaching between 447 GWe and 691 GWe compared to 370 GWe and 2660 TWh at the end of 2006. Both low and high projection is accompanied with new nuclear power plant constructions respectively 178 and 357, about 11 units per year, and most new construction is in North America, the Far East, Eastern Europe, the Middle East, and Southeast Asia. During the last forty years, thirty three countries have established commercial nuclear power programs but only some of them have developed comprehensive and large scale peaceful nuclear power infrastructure. Although various cooperation and guidance program of nuclear power infrastructure, developing appropriate environment and infrastructure of nuclear power plant is still challenging problems for developing countries launching nuclear power program. With increasing the demand of safety and safeguard from international society, creating appropriate infrastructure becomes essential requirements in national nuclear power program. In the viewpoint of developing countries, without sufficient explanation and proper guidance, infrastructure could be seen only as another barrier in its nuclear power program. The importance of infrastructure development would be obscured by ostensible business and infrastructure program can result in increasing entering barriers to peaceful nuclear power application field without benefits to developing countries and international community. To avoid this situation by providing enough explanation and realistic case example and cooperate with the countries wanting to establish comprehensive nuclear power infrastructure in the peaceful applications, we are creating the education program of infrastructure development with basic guidelines of the IAEA infrastructure series and Korean experiences from least developed country to advanced country

NEK AOV program

International Nuclear Information System (INIS)

Fable, D.; Andric, A.; Prah, M.; Habinc, M.

2002-01-01

Air Operated Valves (AOVs) are used in a wide variety of applications in nuclear power plants. Some AOVs perform important functions in safety and non-safety related systems which could affect initiating event frequencies, accident mitigation and radiological releases. A review of lessons learned from nuclear plant MOV programs and pilot AOV programs indicates that AOV performance can be enhanced via improvements in valve and actuator sizing, setup, testing and maintenance. Nuklearna elektrarna Krsko has decided to develop an AOV program on the basis of Joint Owners. Group (JOG) AOV Program, which identifies nine key elements for successful implementation. The first step in establishing an AOV Program is to identify and categorize the plant AOVs for evaluation. Performed categorization in NEK has resulted with Preliminary AOV Scope. Important part of NEK AOV Program is NEK AOV Database. For the time being, basic structure with tables, queries, forms, reports and relationships has been created. Further development will be coordinated with development of NEK AOV Program Methodology.(author)

Utility green pricing programs: a statistical analysis of program effectiveness

International Nuclear Information System (INIS)

Ryan, W.; Scott, O.; Lori, B.; Blair, S.

2005-01-01

Utility green pricing programs represent one way in which consumers can voluntarily support the development of renewable energy. The design features and effectiveness of these programs varies considerably. Based on a survey of utility program managers in the United States, this article provides insight into which program features might help maximize both customer participation in green pricing programs and the amount of renewable energy purchased by customers in those programs. We find that program length has a substantial impact on customer participation and purchases; to achieve higher levels of success, utilities will need to remain committed to their product offering for some time. Our findings also suggest that utilities should consider higher renewable energy purchase thresholds for residential customers in order to maximize renewable energy sales. Smaller utilities are found to be more successful than larger utilities, and we find some evidence that providing private benefits to nonresidential participants can enhance success. Interestingly, we find little evidence that the cost of the green pricing product greatly impacts customer participation and renewable energy sales, at least over the narrow range of premiums embedded in our data set, and for the initial set of green power purchasers. (author)

The Y2K program for scientific-analysis computer programs at AECL

International Nuclear Information System (INIS)

Popovic, J.; Gaver, C.; Chapman, D.

1999-01-01

The evaluation of scientific-analysis computer programs for year-2000 compliance is part of AECL' s year-2000 (Y2K) initiative, which addresses both the infrastructure systems at AECL and AECL's products and services. This paper describes the Y2K-compliance program for scientific-analysis computer codes. This program involves the integrated evaluation of the computer hardware, middleware, and third-party software in addition to the scientific codes developed in-house. The project involves several steps: the assessment of the scientific computer programs for Y2K compliance, performing any required corrective actions, porting the programs to Y2K-compliant platforms, and verification of the programs after porting. Some programs or program versions, deemed no longer required in the year 2000 and beyond, will be retired and archived. (author)

The Y2K program for scientific-analysis computer programs at AECL

International Nuclear Information System (INIS)

Popovic, J.; Gaver, C.; Chapman, D.

1999-01-01

The evaluation of scientific analysis computer programs for year-2000 compliance is part of AECL's year-2000 (Y2K) initiative, which addresses both the infrastructure systems at AECL and AECL's products and services. This paper describes the Y2K-compliance program for scientific-analysis computer codes. This program involves the integrated evaluation of the computer hardware, middleware, and third-party software in addition to the scientific codes developed in-house. The project involves several steps: the assessment of the scientific computer programs for Y2K compliance, performing any required corrective actions, porting the programs to Y2K-compliant platforms, and verification of the programs after porting. Some programs or program versions, deemed no longer required in the year 2000 and beyond, will be retired and archived. (author)

Utilização de medicamentos por aposentados brasileiros: 2 - Taxa de resposta e preenchimento de questionário postal em Belo Horizonte, Minas Gerais, Brasil Use of medication by Brazilian retirees: 2 - Response rate and item completeness in a postal survey in Belo Horizonte, Minas Gerais State, Brazil

Directory of Open Access Journals (Sweden)

Andréia Queiroz Ribeiro

2008-09-01

Full Text Available São descritos a taxa de resposta e o preenchimento de questionários auto-administrados num inquérito postal sobre o perfil de utilização de medicamentos por aposentados e pensionistas do INSS, de 60 anos ou mais de idade no Município de Belo Horizonte, Minas Gerais, Brasil, em 2003. Os questionários foram enviados duas vezes para os endereços de 800 indivíduos sorteados por amostragem aleatória simples, com base no banco de dados do INSS. A taxa de resposta ao inquérito postal foi de 47,8% e não houve diferença significativa tanto entre participantes e não participantes quanto entre respondentes iniciais e tardios em relação às características selecionadas. Para a maioria das variáveis sócio-demográficas e de saúde, os percentuais de omissão de respostas não ultrapassaram 5%, tanto no total da amostra, quanto em cada um dos subgrupos de respondentes. As informações mais omitidas ocorreram para as variáveis relativas ao uso de medicamentos, com destaque para a não-utilização de medicamentos que deveriam ser usados, a dose e laboratório fabricante do medicamento. Nossos resultados indicam que o detalhamento de aspectos relacionados ao uso de medicamentos deve ser reconsiderado em questionários de autopreenchimento.This paper reports on the response rate and completeness of item response in a self-administered postal survey questionnaire on use of medication by retirees 60 years or older under the Brazilian Social Security System, in Belo Horizonte, Minas Gerais State, in 2003. Questionnaires were sent in two rounds to 800 postal addresses of subjects selected by simple random sampling. The response rate was 47.8%, and there were no significant differences in the selected characteristics between respondents and non-respondents, or between early and late respondents. For almost all socio-demographic and health variables, item omission was less than or equal to 5% for both the entire sample and early or late responders

Health or harm? A cohort study of the importance of job quality in extended workforce participation by older adults

Directory of Open Access Journals (Sweden)

Jennifer Welsh

2016-08-01

Full Text Available Abstract Background As people are living longer, they are being encouraged to work longer. While it is assumed that extended employment will be good for health, the evidence has been mixed. This study considers whether employment and job quality exert an influence on four indicators of health status in older workers. Methods Data for this study came from 836 older workers (440 men and 396 women aged 50–59 years at baseline who participated in the Household, Income and Labour Dynamics in Australia (HILDA Survey. Using linear regression, we examine within-person change in self-rated, physical and mental health and one health behaviour (physical activity at two time points over a nine year follow-up period. Results There were minimal differences in the way health changed for older adults who continued working compared to those who retired voluntarily. However, when we decomposed employment in terms of job quality, health outcomes diverged. Compared to voluntary retirees, older workers who had worked in good quality jobs reported marginally better self-rated health (0.14,−0.02–0.29; but did not differ in their physical (2.31,−1.09–5.72 or mental health (0.51,−1.84–2.87. In contrast, older workers who held poor quality jobs for most of the follow-up period declined in their self-rated (−1.13,−0.28 − –0.02, physical (−4.90, 8.52– − 1.29 and mental health (−4.67, 7.69– − 1.66 relative to voluntary retirees. Older workers who held poor quality jobs for just some of the follow-up period did not differ from voluntary retirees in terms of their health. However there was evidence of a linear relationship between length of exposure to poor quality jobs and decline in health outcomes. Conclusion Extended working lives mean that people will be ‘exposed’ to work for longer, and this exposure will occur at a life stage characterised by declining health for many. Our findings show that ensuring older workers have

Effective Programming

DEFF Research Database (Denmark)

Frost, Jacob

To investigate the use of VTLoE as a basis for formal derivation of functional programs with effects. As a part of the process, a number of issues central to effective formal programming are considered. In particular it is considered how to develop a proof system suitable for pratical reasoning......, how to implement this system in the generic proof assistant Isabelle and finally how to apply the logic and the implementation to programming....

Transgenerational developmental programming.

Science.gov (United States)

Aiken, Catherine E; Ozanne, Susan E

2014-01-01

The concept of developmental programming suggests that the early life environment influences offspring characteristics in later life, including the propensity to develop diseases such as the metabolic syndrome. There is now growing evidence that the effects of developmental programming may also manifest in further generations without further suboptimal exposure. This review considers the evidence, primarily from rodent models, for effects persisting to subsequent generations, and evaluates the mechanisms by which developmental programming may be transmitted to further generations. In particular, we focus on the potential role of the intrauterine environment in contributing to a developmentally programmed phenotype in subsequent generations. The literature was systematically searched at http://pubmed.org and http://scholar.google.com to identify published findings regarding transgenerational (F2 and beyond) developmental programming effects in human populations and animal models. Transmission of programming effects is often viewed as a form of epigenetic inheritance, either via the maternal or paternal line. Evidence exists for both germline and somatic inheritance of epigenetic modifications which may be responsible for phenotypic changes in further generations. However, there is increasing evidence for the role of both extra-genomic components of the zygote and the interaction of the developing conceptus with the intrauterine environment in propagating programming effects. The contribution of a suboptimal reproductive tract environment or maternal adaptations to pregnancy may be critical to inheritance of programming effects via the maternal line. As the effects of age exacerbate the programmed metabolic phenotype, advancing maternal age may increase the likelihood of developmental programming effects being transmitted to further generations. We suggest that developmental programming effects could be propagated through the maternal line de novo in generations

An Analysis on Distance Education Computer Programming Students' Attitudes Regarding Programming and Their Self-Efficacy for Programming

Science.gov (United States)

Ozyurt, Ozcan

2015-01-01

This study aims to analyze the attitudes of students studying computer programming through the distance education regarding programming, and their self-efficacy for programming and the relation between these two factors. The study is conducted with 104 students being thought with distance education in a university in the north region of Turkey in…

Mixed language programming

International Nuclear Information System (INIS)

Burow, Burkhard D.

1996-01-01

Computing in the next millennium will be using software from this millennium. Programming languages evolve and new ones continue to be created. The use of legacy code demonstrates why some present and future applications may span programming languages. Even a completely new application may mix programming languages, if it allows its components to be more conveniently expressed. Given the need, mixed language programming should be easy and robust. By resolving a variety of difficulties, the well established cfortran.h package provides, the desired convenient interface across the C and Fortran programming languages, as demonstrated using CERN's Book. (author)

Short rotation woody crops program: 1982 program summary

Energy Technology Data Exchange (ETDEWEB)

Ranney, J.W.; Cushman, J.H.; Trimble, J.L.

1982-09-01

The general objective and overall approach of the program are discussed, and the status, specific goals, and recent results of the three major research areas are presented. The report concludes with brief summaries of the individual research projects in the program.

Analysis of the Education Program Approval Process: A Program Evaluation.

Science.gov (United States)

Fountaine, Charles A.; And Others

A study of the education program approval process involving the Veterans Administration (VA) and the State Approving Agencies (SAAs) had the following objectives: to describe the present education program approval process; to determine time and costs associated with the education program approval process; to describe the approval process at…

14 CFR 91.1411 - Continuous airworthiness maintenance program use by fractional ownership program manager.

Science.gov (United States)

2010-01-01

... program use by fractional ownership program manager. 91.1411 Section 91.1411 Aeronautics and Space FEDERAL... airworthiness maintenance program use by fractional ownership program manager. Fractional ownership program... through 91.1443. Any program manager who elects to maintain the program aircraft using a continuous...

Modestly increased use of colonoscopy when copayments are waived.

Science.gov (United States)

Khatami, Shabnam; Xuan, Lei; Roman, Rolando; Zhang, Song; McConnel, Charles; Halm, Ethan A; Gupta, Samir

2012-07-01

Colorectal cancer (CRC) screening with colonoscopy often requires expensive copayments from patients. The 2010 Patient Protection and Affordable Care Act mandated elimination of copayments for CRC screening, including colonoscopy, but little is known about the effects of copayment elimination on use. The University of Texas employee, retiree, and dependent health plan instituted and promoted a waiver of copayments for screening colonoscopies in fiscal year (FY) 2009; we examined the effects of removing cost sharing on colonoscopy use. We conducted a retrospective cohort study of 59,855 beneficiaries of the University of Texas employee, retiree, and dependent health plan, associated with 16 University of Texas health and nonhealth campuses, ages 50-64 years at any point in FYs 2002-2009 (267,191 person-years of follow-up evaluation). The primary outcome was colonoscopy incidence among individuals with no prior colonoscopy. We compared the age- and sex-standardized incidence ratios for colonoscopy in FY 2009 (after the copayment waiver) with the expected incidence for FY 2009, based on secular trends from years before the waiver. The annual incidence of colonoscopy increased to 9.5% after the copayment was waived, compared with an expected incidence of 8.0% (standardized incidence ratio, 1.18; 95% confidence interval, 1.14-1.23; P screening results in a statistically significant, but modest (1.5%), increase in use. Additional strategies beyond removing financial disincentives are needed to increase use of CRC screening. Copyright © 2012 AGA Institute. Published by Elsevier Inc. All rights reserved.