This work differs from other texts on pension mathematics by presenting the topic through a very large number of worked examples, rather than in a conceptual, formula-oriented approach.

The second edition of the text contains 169 worked examples, discussion questions intended to stimulate further understanding of the subject, and numerical end-of-chapter exercises. Most of the examples and exercises are taken from recent examinations of the Joint Board for the Enrollment of Actuaries.

The text is intended for several audiences, including university students, pension practitioners and candidates for various pension actuarial exams.

This text is recommended for the EA-2,A Examination of the Joint Board for the Enrollment of Actuaries.

Author: William H. Aitken, FSA, FCIA, EA

William H. Aitken, FSA, FCIA, EA taught actuarial science for seventeen years at the University of Waterloo. During his actuarial career he was Vice President and Actuary at Empire Life Insurance Company in Kingston, Ontario, and Senior Vice President and Actuary at Bankers Security Life Insurance Society in Washington, D.C. He also served as a Partner with AitkenSharp Actuarial Services.