This course covers pension actuarial funding methods and the use of life contingencies. Included are analyses of actuarial funding methods under eight different models, the computations under each, and their uses in pension plans throughout the world. Mortality tables are discussed, including the development of tables under the Makeham mortality model and the use of existing mortality tables, the modification to reflect mortality improvement in each, and the reasons an actuary would or would not consider doing so. Alternative forms of pension payment are discussed.