Description: Letter from the president. After a long, but gratifying, six-year journey, the SOA’s basic education restructuring is now fully implemented. Basic education (i.e., through FSA) now reflects a sound, solid continuum.

Description: This paper discusses and reaches the conclusion that baby-boomers and younger workers need to be told that their Social Security benefits will be substantially less adequate than those of today's retirees, and that they need to know now so that they have time to take appropriate actions to have more retirement income available from other sources. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: Summarizes and explains the COLA and wage-indexed changes in Social Security program parameters announced by the Social Security Administration on October 13, 2022.

Description: This article discusses Internal Revue Code, ‘IRC,’ Sections 7702 and 7702A with respect to the implementation of the 2001 CSO Mortality Table, which must be used in the calculations for policies issued on or after January 1, 2006. “The insurance industry has requested guidance from the Treasury Department and the Internal Revenue Service on the proper application of the current computational rules to the 2001 CSO Mortality Table but, to date, such guidance has not been provided. Therefore, the Taxation Section established the 2001 CSO Maturity Age Task Force, the members of which authored this article, to propose methodologies that would be actuarially acceptable under Sections 7702 and 7702A of the Code for calculations under contracts that do not provide for actual maturity before age 100.” This article summarizes the task force recommendations.

Description: This session discussion is about current issues in U.S. social security and Medicare programs. From Record of the Society of Actuaries Vol. 15, No. 3B.

Description: Two letters to the editor of Pension Section News. Both letters are responses to David Langer's comments which were published in the January 2006 Pension Section News regarding Social Security and its financial projections. From Pension Section News, April 2006, No. 61.

Description: Summary of the annual cost-of-living adjustment and changes in other wage-indexed programs parameters for Social Security in 2024.

Description: This session from the 1983 SOA Hollywood, Florida Meeting examines the Social Security Amendments of 1983 including benefits vs. taxes over a worker's lifetime, implications of Social Security changes for employee benefit plans and compensation arrangements. From Record of Society of Actuaries, Vol. 9, No. 4.

Description: Summary of the financial projections shown in the 2013 Social Security Trustees Report.

Description: The presenters will provide an update of the Social Security Program’s financial status and discuss recent proposals for modifying the program.