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Documents Understanding Social Security Benefits No bank guarantee Not a deposit May lose value Not FDIC/NCUA....

Slide 1 Understanding Social Security Benefits No bank guarantee • Not a deposit • May lose value • Not FDIC/NCUA insured • Not insured by any federal government…

Documents Session 7 Defaults And Spreads Final

1. NAIC Training Seminar for VM-20 Impact StudyNovember 18-19, 2010Session 7: Default Assumptions andReinvestment SpreadsDavid E. Neve, FSA, CERA, MAAA Vice President - Capital…