Description: An excerpt from the 2003 Annual report of the Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Trust Funds which describes the basic methodology and assumptions used for the intermediate assumptions.

Description: This article offers a critique of explanatory text and principal economic and demographic assumption tables from the 2003 Annual report of the Board of Trustees of the OASDI Trust Fund. From Pension Section News, March 2004, Issue No. 54.

Description: Andrew Peterson gives an excellent synopsis and editorial comments on the high points of the National Academy of Social Insurance’s 23rd annual Conference, held this January at the National Press Club in Washington, DC.

Description: Article from Pension Section News, May 2007, No. 64 on the pension reform in Jamaica. The government and private sector of Jamaica have been working hard to enable people who have worked a full career to receive pensions that can at least provide for minimum living requirements in their golden years.

Description: HI Trust Fund: Actuarial Methodology and Principal Assumptions from Pension Section News, November 1998, Issue No. 38.

Description: A Paper to Note The Vital Connection, an ERIC Publication by Joseph Applebaum from Pension Section News, February 1999, Issue No. 39.

Description: Excerpts from the PBGC Actuarial Valuation Report—1998 Fiscal Year by Joan M. Weiss from Pension Section News, June 1999, Issue No. 40.

Description: SMI Trust Fund: Estimates under Alternative II Assumption for Aged and Disabled Excluding End-Stage Renal Disease Enrollees from Pension Section News, October 1999, Issue No. 41.

Description: This articles features three study notes for used for the Retirement Benefits course 8 exam: Current Issues in Social Security by Steven McKay Mortality Tables for Pension Plans by D. Grubbs and M. Oliver and Valuation of Pension Benefits for Disabled participants by Edward Sypher

Description: Longevity insurance benefits are deferred annuities that begin payment at advanced older ages, such as at age 82. With a longevity insurance benefit, the problem of asset decumulation with uncertain life expectancy is simplified. Instead of planning for an uncertain period, retirees can plan for the fixed period from the date of their retirement to the date at which they start receiving the longevity insurance benefit. Originally, Social Security was structured as a longevity insurance benefit program, with roughly 50 percent of those entering the workforce surviving to receive the benefits. Over time, however, as life expectancy has improved, Social Security benefits have slowly transformed into benefits that most people entering the work force ultimately receive. While adding longevity insurance as a new benefit when Social Security is already facing a financing deficit would be problematic, reintroduction of a longevity insurance benefit a s part of Social Security reform package that involved benefit cuts could be an important policy innovation.