In 1893 the first law was passed which recognized a teacher's life certificate.
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Swiss Life certificates were recently trading at 372 francs, down 6 francs from Friday's close.
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Nearly 80, 000 life certificates were issued in 2013, almost 30, 000 more than the Order's closest competitor, to bring the total to 1.73 million.
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Burrows is also the director of the Princeton Planets and Life Certificate Program and is on the Board of Trustees of the Aspen Center for Physics.
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He graduated and received a Life Certificate from Michigan State Normal College, now known as Eastern Michigan University at Ypsilanti, where he attended from 1906 to 1908 to become a teacher.
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Jeevan Pramaan will do away with the requirement of a pensioner having to submit a physical Life Certificate in November each year, in order to ensure continuity of pension being credited into their account.
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Swiss Life certificates, which were offered to policy holders in 1988 but are also traded, rose 17 percent to their record high closing price of 378 francs on Friday's news, with 108, 746 certificates being traded.
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In the five days before the announcement, average daily trading volume in Swiss Life certificates reached 16, 664 shares, almost four times the daily average in the prior three months, and the stock's price surged 6.57 percent.
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In the five days before the announcement, average daily trading volume in Swiss Life certificates reached 16, 664 shares, almost four times the daily average in the prior three months, and the stock's price surged 6 . 57 percent.
10.
Swiss Life certificates, which were offered to policy holders in 1988 but are also traded on the market, rose 17 percent to their record high closing price of 378 francs on Friday's news, with 108, 746 certificates being traded.
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