Description: In the United States today, there is much talk about the effect of the “baby boomer” generation ranging from the effect on our Social Security system, the increased market for healthcare products, as well as the effect that their withdrawals will have on the stock market. Yet overseas, there is a revolutionary change taking place that is much more fundamental than simply an aging population. As this article is being published, there are numerous countries that are seeing the first generation of their population retire with an explicitly described and funded social security benefit for each of those individuals.

Description: Read the August 2017 issue of In The Public Interest published by the Social Insurance & Public Finance Section.

Description: Feature article discussing the Canadian retirement system.

Description: Feature article presenting a synopsis of the Social Insurance and Public Finance Pension Sub-committee.

Description: This discussion is about post-retirement health benefits, plan design, retiree eligibility criteria and premiums, controlling costs for pre-Medicare retirees and valuation of liabilities. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: This presentation was made at the 1975 Spring Cincinnati Joint Meeting of the Conference of Actuaries in Public Practice and Society of Actuaries and it highlights the following issues: What are the retirement needs of a population?, what are suitable methods of providing social insurance, private pensions,and savings?, what are the political, economic, and sociological implications of various solutions?, and what perspective on this problem does Canadian experience provide.

Description: This article introduces the special rules that apply to employees of state and local governments that choose to be covered by the U.S. Social Security program.

Description: The purpose of this paper is to examine how an actual fund, for any given contribution rate, would develop as a proportion of the full fund in a social insurance program. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This article is a summary of the World Bank Policy Research Report entitled Averting the Old-Age Crisis: Policies to Protect the Old and Promote Growth. This report concludes that a mix of systems is more appropriate than single pillar systems. It recommends a publicly managed system with the limited goals of reducing poverty among the old, a privately managed mandatory savings system and voluntary savings.

Description: The article presents descriptions of the July, 2015, newsletter articles, and the author suggests topics where future articles are welcome.