Description: A review of a book by a former Commissioner of Social Security, in which he shares his thoughts on what Social Security is, the new law, the financing, the benefits, the types of employment covered, the benefit amounts, the retirement test, and several subsidiary topics.

Description: The "feel free" strategy helps retirees understand when they can retire, how much they can spend and how much guaranteed income they might want. The approach is very simple - divide your age by 20 and feel free to spend that percentage of your savings in a year.

Description: Article Confidentiality Of Federal Statistics by Johansen in The Actuary, June 1979, Volume 13, Number 6

Description: The author encourages the use of sound actuarial principles to develop reasonable retirement spending budgets instead of rule of thumb approaches commonly used.

Description: A review of the last 50 years, concluding that the insurance industry in Canada has been slow to react to consumers' shift in focus from long-term security to rate of return.

Description: Article Permutations And Computations by Moordhead in The Actuary, February 1979, Volume 13, Number 2

Description: This is a letter to the readers of the newsletter describing the content of the publication.

Description: This paper discusses the proposed compulsory savings program combined with transparent investment vehicles designed to promote competition based on expense levels, fund performance and customer service. At retirement 50% of the account is annuitized in Participating Variable Annuity (PVA) backed by TIPS. All investment experience, expenses, and pooled longevity experience is passed to annuitants through periodic benefit adjustments. Annuities are priced uniformly based on age at commencement.

Description: This article notes that 1975, marks the hundredth anniversary of the appointment of the first federal Superintendent of Insurance in Canada, and provides a brief history of insurance regulation, highlighting the contributions and leadership of actuaries, and the recognition of the actuarial profession.

Description: The article discusses the Texas Pension Review Board's Guidelines for Actuarial Soundness applicable to Texas state public retirement systems (including the system's amortization period), and how these guidelines are consistent with and complementary to both the current GASB 27 ARC disclosure, and the imminent GASB 67 & 68 disclosures. The GASB requirements will change from a de facto funding standard to strictly disclosure requirements, with a focus on plans whose funding trajectory is the poorest.