Description: Recent testimony on Social Security was given to the U.S. Senate Special Committee on Aging by David Langer, who defended the current system and strongly opposed recent moves to privatize. This article summarizes Mr. Langer's testimony.

Description: HI Trust Fund: Actuarial Methodology and Principal Assumptions from Pension Section News, October 2000, Issue No. 44.

Description: Chapter 7 of the Models for Retirement Policy Analysis. This chapter describes the Social Security Administration's system of assumptions and modeling techniques used to project the finances of the Federal Old Age and Survivors Insurance OASI and Disability Insurance DI trust funds.

Description: This e-course describes social insurance programs, their operation and the current issues they are facing.

Description: Creating an effective team is core to actuarial transformation. This involves establishing teams with jobs that line up to achieve the company's goals, with clear roles that engage people and enable them to develop. Coupled with this, effective teams need to harness the benefits of diversity. This is done both directly and through sponsorship and allyship to ensure that the full benefit of diverse teams can be realized with multiple viewpoints and perspectives strengthening teams. During the sessions, the speakers will draw on their experiences from around the world on, building global and diverse teams. By attending this session, you will:•Be able to gain insight on the benefits of embracing diversity when creating an actuarial team across the globe, and how sponsorship and allyship in workplace foster an inclusive environment.

Description: This section describes the basic methodology and assumptions used in the estimates for the HI trust fund under the intermediate assumptions. In addition, projections of HI and SMI costs under two alternative sets of assumptions are presented. From Pension Section news, September 2004, Issue No. 56.

Description: The SOA has been interested in financing of long term care for many years. As part of this interest, they approved a state-based research effort in the chosen location of Minnesota. Join authors of the research as they present their findings . The research effort looked at stakeholder responses in Minnesota to several designs that would create a state-based catastrophic long-term care insurance program. The conceptual work was based on efforts by Cohen, Feder and Favreault using the DYNASIM model created by the Urban Institute. Catastrophic coverage would be provided after a variable waiting period based on income. Private resources, including long-term care insurance, would be expected to cover the front end. (Persons on Medicaid would continue to have their gap coverage provided by that program).

Description: OASDI Trust Fund: Principal Economic and Demographic Assumptions from Pension Section News, November 1998, Issue No. 38.

Description: There is a wide range of literature on aging and health care. We sample this literature and find it fits into the subcategories of theoretical aging, medical significance of aging, treatment of the elderly, and resource allocation to the elderly. Themes are that financial arrangements can cause inefficient and ineffective care and that care guidelines need to developed specifically for the elderly rather than extrapolating guidelines for younger patients.

Description: This section presents multiple book reviews and summaries of recent publications. Reviews: 'Social Security' by Myers, 'Report on Actuarial Principles and Practical Problems with Regard to Nonforfeiture Requirements' by Society of Actuaries, 'Mortality and Morbidity in the US' by Erhardt and Berlin, 'The Fifty-Second Annual Report of the Board of Actuaries of the Civil Service Retirement System' by US Government, 'Health Service Information in the US Today' by Murnaghan, 'Financial Problems Confront the Federal OASI and DI Trust Funds' by Staats, 'Public Employee Pension Funds' by Tilove, '1976 Annual Reports of the Board of Trustees of the Federal OASDI Trust Funds...' by US Congress, 'Report of the Consultant Panel on Social Security to the US Congressional Research Service' by US Government, 'Crime by Computer' by Parker, 'Reports of Consultants on Actuarial and Definitional Aspects of Social Security Disability Insurance' by US Government, 'Social Security: The Fraud in Your Future' by Shore, '1972 Lifetime Earnings by Age, Sex, Race and Education Level' by Social Security Administration. Digests also included.