Description: Article from The Actuary, June 1975, Volume 9, No. 6 on the release of the book Ernst & Ernst GAAP - Stock Life Companies, 653 pages, Ernst & Ernst, 1974. This volume will be sought after by every individual connected with GAAP work as a guide, as an explanatory text, and as a book of reference. This reviewer suggests that the Introduction be required reading for all actuaries whether or not they are actively at work in GAAP.

Description: Argues that the budget for the Social Security program should not be 'unified'with the rest of the federal budget in evaluating the federal deficit.

Description: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: This is a discussion of the paper, Actuarial Aspects of the Railroad Retirement System by Joseph Musher. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.

Description: This article is a review of the report, An Actuarial Audit of the Social Security System, by Robert S. Kaplan and Roman L. Weil. Mr. Myers suggests that economists were not the appropriately chosen authors for an actuarial audit.

Description: This document is a meeting session summary. The meeting occurred at the 1976 SOA Spring Meeting in Washington D.C. The session compared and contrasted educational and experience requirements for actuaries and economists, costs of long range social insurance programs, costs of short range programs, economic analysis of the effects of social insurance programs and cooperation between the two professions to analyze social insurance programs.

Description: This article discusses amendments to the Social Security Act recommended by President Johnson which are incorporated in H.R. 5710. The bill amends the provisions and of the OASDI, Medicare and Medicaid programs.

Description: This is a summary of 1972 discussions about: 1. the past and future dynamics of North American retirement systems, 2. alternatives for pension legislation, and 3. actuarial principles and practices for pension plans. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 2D, No. 68.

Description: Sets forth the history of the actuarial responsibilities for the Social Security System since the Act of 1935.

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 reviews the Advisory Council on Social Security's 1971 report on Social Security and Medicare.