The 1965 Table M [Discussion]

The current paper by LeRoy Simon, which reports the trials and tribulations, as well as the methods and procedures, by which the National Council's Subcommittee to Review Table M developed the new 1965 Table M is one which is sorely needed and which will avoid the very unfortunate situation which occurred when Table M was modified in 1954 without any concomitant paper appearing in the Proceedings. This paper is important. It is not to be read casually, commuting to and from work. Anyone who has had, currently has, or will have occasion to become more than just passingly involved with retrospective rating is well advised to set aside a time and a place for a careful reading of the paper. Happily, this need not be a chore-for LeRoy Simon has the faculty of not only being able to be actuarially creative, but also of being able to write well.