Description: In this session 114 PD of the Palm Desert Spring Meeting, Social Security and Medicare experts separate fact from fiction to give you insight into the sovency of the systems and proposals for change. From Record of Society of Actuaries, Vol. 23, No. 1.

Description: This 1978 discussion session focuses on Social Security after the 1977 amendments. Included are the following topics: 1. The 1977 major amendments, 2. The financial condition of Social Security after the amendments, 3. Social Security benefit levels, and 4. Possible future Social Security legislation. From Record of Society of Actuaries, Vol. 4, No. 3.

Description: This 1979 panel discussion focuses on Social Security and the possibility for future changes in such areas as financing, retirement age, benefit design, treatment of women, and retirement test.

Description: This 1978 panel presentation discussed futurism topics and presented the results of a survey on demographic trends conducted by the Committee on Futurism. Key findings of survey comparing mid 1960's with mid 1970's: A. Divorce rate - doubled B. Fertility rate - declined by about one-third C. Mortality - little improvement for the adult ages of 25-64 D. Retirement Age - trend toward early retirement has met a counter force due in part to inflation

Description: This 1978 session on Social Security Funding included discussion on 1. Major Amendments, 2. Financing condition of Social Security after amendments, 3. Benefit levels, and 4. Possible future legislation.

Description: The Social Security amendments of 1977 are considered to be the most significant Social Security legislation since the 1972 amendments and possibly those of 1950. This 1978 presentation is a discussion the 1977 Social Security amendments including: 1. A description of the major amendments, 2. The financial condition of Social Security after the amendments, and 3. Possible future Social Security legislation.

Description: This discussion looks at likely developments as a result of the series of studies on pension plans released by the Pension Research Council. Additionally discussed is the general experience of variable benefit pension plans. From Transactions of Society of Actuaries 1961, Vol. 13, Pt. 2.

Description: The Actuary Vol. 22, No. 1. This article discusses the impact of a change in procedure in the financing of the US Military Retirement System. The change requires amortizing the past service liability. The impact will depend upon whether the amortization is achieved by increasing current taxes and decreasing the current deficit, or by merely increasing the national debt and leaving the current deficit unchanged. The author asserts that the new financing method will not weaken the financial condition of the military retirement system, and that it has the potential to strengthen its financial condition if the funding of the past service liability is handled appropriately.

Description: Thanks to the actuaries who advise the Social Security Trustees, the 1985 Trustee Reports published March 28, 1985 contain enough information for the careful reader to estimate the remaining life expectancy of the present system, which will be 50 years old on Aug. 14, 1985.

Description: This panel discussion focuses on the funding of public employee retirement plans.