The future of Social Security has been a topic of concern for many working Americans. The recent impact of Covid-19 on the economy, employment, and demographics make this a good time for actuaries to take a “deeper dive” into the issues surrounding the program. The presenters will provide an update on Social Security financing in the United States with consideration given to the pandemic and discuss recent proposals and areas of opportunities and potential changes.
Learning Outcomes:
Attend this session and you’ll be able to:
· Demonstrate a deeper understanding of the financial status of Social Security
· Be better informed about the opportunities for change in the program; and
· Understand challenges it faces, and a variety of suggestions that have been made to overcome those challenges
Track: Safeguarding Populations
1.20 SOA CPD
1.00 CIA