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  #51  
Old 02-23-2017, 02:58 PM
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How do you know they work in reinsurance?
If they weren't, they would state it directly.
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  #52  
Old 02-23-2017, 03:14 PM
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You guys are assuming quite a lot.
But, at least they are documented assumptions.
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  #53  
Old 02-23-2017, 03:34 PM
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"That 70s Table" used to be my favorite sitcom. Its spinoff "That mid-80s investment yield" was also a big hit for a while.
Meh, jumped the shark in '89.

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One day you'll be 120 like the rest of us.


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This will be an interesting court transcript IMO, if it gets to that point and becomes public, but people saying "professional misconduct" based on a NYT reporter's understanding and reporting on a technical matter seem a little premature IMO.
Maybe said NYT reporter will also join the conversation! That's been known to happen here.
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  #54  
Old 02-23-2017, 03:35 PM
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Maybe said NYT reporter will also join the conversation! That's been known to happen here.
what? When?
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  #55  
Old 02-23-2017, 03:43 PM
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I can't think of a good actuarial justification for using 1971 mortality tables tbh.

The longevity risk components (trend and misestimation risks for example) of the scheme would be way off, and would result in significant underfunding.
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  #56  
Old 02-23-2017, 03:49 PM
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Skimming the complaint is worth it.

Liked these nuggets:

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58. In an article published by the Society of Actuaries in July 2014, Ms. Sawhney makes reference to pension actuaries as "prostitutes".

Quote:
72. Mr Jackson told Mr. Sharpe: "Ms. Sawnhey is a pain in the ass. She is causing quite a burden for the ABCD with all of her complaints."
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  #57  
Old 02-23-2017, 04:07 PM
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Originally Posted by SamTheOlympicEagle View Post
Skimming the complaint is worth it.

Liked these nuggets:
Link?
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  #58  
Old 02-23-2017, 04:11 PM
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Link?
it's in teh op
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  #59  
Old 02-23-2017, 04:12 PM
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Link is in the OP.

I like the part where he's suing the ABCD for not keeping things confidential; and his suit discloses an ABCD complaint against her - lawsuit forthcoming? Like I said, these things can be interesting reads.
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  #60  
Old 02-23-2017, 04:28 PM
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Anyone care to post the full text? I can't open Google docs at work.
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I would really hate to bring Pokémon to a gun fight.
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