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The first actuarial organization in North America was the Actuarial Society of America, founded in 1889 in New York City and included four Canadians among its 38 charter members. The original organization of actuaries in Canada, the Actuaries Club, was founded in 1907 with 24 charter members, all actuaries living and working in Toronto. The ...
In the United States, the Social Security Administration has an Office of the Chief Actuary that deals with Social Security, and the Centers for Medicare and Medicaid Services have an Office of the Actuary that deals with Medicare and Medicaid. A similar agency in the United Kingdom is called the Government Actuary's Department (GAD).
He became a Fellow of the Society of Actuaries in 1955, at which time he was appointed an associate actuary at the company. McIntosh was appointed a vice-president in 1968, senior vice-president and chief actuary in 1981, and senior vice-president and chief marketing officer in 1985.
For the analysis of income, Statistics Canada distinguishes between the following statistical units: Households: "a person or group of persons who occupy the same dwelling" [ 1 ] Economic families: "two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law union, adoption or a foster ...
Additionally, the maximum income covered by the CPP will increase by 14% by 2025 (projected by the Chief Actuary of Canada to be $79,400 in 2025, compared to the projected normal limit of $69,700 in the same year in the 28th Actuarial Report on the CPP [9]). The combination of the increased replacement rate and increased earnings limit will ...
The salaries of these migrants ranged from £42,500 (actuary) to £186,261 (chief actuary). The average salary was £82,042. Despite Solvency II Directive work being cited as a reason for a shortage of actuaries, only one migrant had the description "Solvency II" in their job title.
A vice president or vice-president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on the executive branch of the government, university or company.
1967 – the Minister of Finance introduced legislation to establish the Canada Deposit Insurance Corporation (CDIC) to ensure the safety of small deposits and bring about a gradual improvement in the minimum financial standard of deposit-taking institutions in Canada. In 1983, legislative amendments extended CDIC's mandate to include assisting ...