Description: This paper attempts to gather information regarding various components of the Canadian retirement income system, and to quantify the impact on the system of unanticipated morality improvements, particularly at age 65 and over, and of lower than expected equity returns. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper discusses and reaches the conclusion that baby-boomers and younger workers need to be told that their Social Security benefits will be substantially less adequate than those of today's retirees, and that they need to know now so that they have time to take appropriate actions to have more retirement income available from other sources. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: This paper discusses the underlying nature of the Social Security program, certain erroneous views of the program, various Advisory Council proposed solutions to the long-range financing problems, and the probability that no solution stands any chance of being enacted. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: Presented at Living to 100 Symposium, January 2011. The first part of this paper gives background material on the existing Canadian Income Security system, including both government-sponsored systems and private sector supplements. The second part is the report from the Canadian Institute of Actuaries' Task Force on Government-Facilitated Retirement Income Plans published March 2010, which provided actuarial input to the Canadian pension reform debate.

Description: This paper explores a range of public policy issues stemming from proposals to introduce some form of defined contribution system into Social Security in the U. S. and Canada. From In Defense of Pay-as-You-Go Paygo Financing of Social Security, M-RS99-1.

Description: This paper examines some of the issues threatening the current health of the Social Security System, and how all or part of the system could be replaced by a cash balance plan. From Cash Balance Symposium Monograph, M-RS02-3.

Description: A glossary of terms.

Description: This paper defends the concept of raising the minimum age for collecting Social Security benefits from the present 62 to age 65. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: Paper focuses on the situation in Canada. First examined are the factors behind rising health-care costs resulting form two phenomena:changing cohort size and lower mortality among the elderly. Second examined are the are effects of lower than forecast mortality on pay-as-you-go systems. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper recommends a 'macroview' of the Social Security program that is related to the broader economic and social environment now and in the future. OASDI is not simply a private-sector pension plan on a large scale. Instead, it provides socially determined claims on the future economy. Demography cannot be ignored, but it is not the sole determinant of what is desirable or affordable. From The Old-Age Crisis - Actuarial Opportunities -The 1996 Bowles Symposium, M-RS99-1.