Description: This paper examines disincentives for long careers created by Social Security. The paper then discusses the subsequent stress on public and private pension systems caused by increasingly long retirements.

Description: This paper discusses the underlying nature of the Social Security program, certain erroneous views of the program, various Advisory Council proposed solutions to the long-range financing problems, and the probability that no solution stands any chance of being enacted. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: The Annual Reports of the Trustees, for the Social Security Trust Funds, are cornucopia of data. However, the major focus is on projections expressed as a percentage of payroll. The purpose of this paper is to suggest that additional measures - which would supplement, rather than replace the percentage of payroll data - should be examined to evaluate the projected effect of the cash benefits OASDI program.

Description: Discussion of the US Social security system from the perspective of Asset Liability management theory. From Asset-Liability Integration, M-FI02-1.

Description: In the face of profound, worldwide changes in demographic, family, and lifestyle patterns, this paper introduces a dynamic social security system deemed most suitable for accommodating these changes.

Description: The purpose of this paper is to identify the changes in the structure and composition of families and to discuss the implications of those changes for Social Security reform.

Description: This paper attempts to gather information regarding various components of the Canadian retirement income system, and to quantify the impact on the system of unanticipated morality improvements, particularly at age 65 and over, and of lower than expected equity returns. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.