Description: The article discusses the actuaries role regarding the recommendations made by the National Commission on Social Security Reform. That responsibility is to spread the word. To see that citizens within our reach know what the recommendations are and the need for Congress to promptly enact them into legistlation.

Description: The author notes that “there is reason to expect 1981 to be the biggest year for Social Security legislation since 1977, perhaps even since 1972. The author further notes that the Congress will be forced to act to bring the system into financial balance. The article discusses some of the actions apt to be considered for legislative action including inter-fund borrowing, general fund borrowing, general revenue financing, changes in retirement age, changes in indexing, move towards universal coverage, and others.

Description: Reports on recent month-end fund balances in the Old-Age, Survivors, and Disability Insurance funds. They had been facing a great financial crisis recently and now are in much better financial condition.

Description: This article is about a seminar held on October 30, 1997 to discuss mortality improvement in the NAFTA countries and the impact of such improvements on the financing and benefit adequacy of the countries’ individual social security systems. The gathering of about 80 researchers from a variety of disciplines served as a type of summit meeting on the NAFTA countries’ mortality projections. The seminar was Phase 2 of a three-phase SOA research project, 'Impact of Mortality Improvement on Social Security: Canada, Mexico, and the United States.' The project is intended to provide some guidance for appropriate governmental bodies to use in determining future financing and benefit needs for social security. It is sponsored by the SOA, The Actuarial Foundation [formerly the SOA Foundation], the Retirement Research Foundation, the American Society of Pension Actuaries, the social security administration of each NAFTA country, and the Pension Research Council.

Description: Article Book Review by Ray in The Actuary, January 1979, Volume 13, Number 1

Description: This article is a review of the 1977 book “The Future of Social Security,” by Alicia H. Munnell, formerly on the staff of the Brookings Institution and now an Assistant Vice President of the Federal Reserve Bank of Boston. The author of this review notes that the financial problems of the Old-Age, Survivors, and Disability Insurance program have drawn considerable public attention during the past few years, and this has produced quite a number of books and papers on the subject with various recommendations as to what should be done about the future of the program. The reviewer thinks highly of this book, which covers the philosophical questions of individual equity vs. social adequacy, and the question of the effect of OASDI on savings and capital accumulation. Note: A detailed review of the book will appear in the Transactions.

Description: Commentary from Robert Myers regarding the apparent success of the actuarial cost estimating procedure for the Social Security program on its 40th anniversary.

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.

Description: Article from The Actuary September 1992 – Volume 26, No. 7 is about Social Security's projected costs exceeding income

Description: Discusses the report of the fifth Advisory Council which provides recommendations for improving Social Security.