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rates. This book narrates the genesis of longevity risk pooling and the first successfully funded annuity scheme in history …PART ONE: A BLESSED OLD AGE -- Chapter 1: DO YOU BELIEVE IN PENSIONS? -- Chapter 2: LONGEVITY RISK AND RELIGION … -- Chapter 5: A PRESBYTERIAN SCHEME FOR MINISTERS -- Chapter 6: ALEXANDER WEBSTER AND THE ARCHIVES -- Chapter 7: ANNUITY …
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. Instead, they select two age parameters: the Payout Age and the Life-annuity Age. This paper discusses the actuarial analysis …
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