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

Description: A view of Social Security disability experience for 1970 through 1978, and future projected trends based on observed application, approval, and recovery rates.

Description: Social security systems around the world have suffered from inadequate funding, leading to current or potential deficits and ultimate insolvency. This article discusses that this problem is a direct actuarial consequence of the inadequate funding that created the problem in the first place. It is simply an open group valuation problem.

Description: This article discusses Social Security amendments of 1983 that include triggering devices based on trust-fund ratios that affect the funding or benefits of the system for both OASDI and Medicare.

Description: This article is about the relative merits of changing the U.S. Social Security system from its current defined benefit approach to a defined contribution approach.

Description: Feature article about the different types of retirement systems throughout the world and how watching what they do could help the U.S. retirement system.

Description: This article, excerpted with permission from the author’s presentation at Open Forum One in Quebec City, describes the Carter Administration’s financing proposals for the Social Security trust funds, released at the same time as the 1977 Trustees Reports. The Administration proposal in total is rather complex and defies a simple explanation but there are basically eight major provisions, which the author discusses in this article.

Description: The author notes that “there is reason to expect 1981 to be the biggest year for Social Security legislation since 1977, perhaps even since 1972. The author further notes that the Congress will be forced to act to bring the system into financial balance. The article discusses some of the actions apt to be considered for legislative action including inter-fund borrowing, general fund borrowing, general revenue financing, changes in retirement age, changes in indexing, move towards universal coverage, and others.

Description: This discussion looks at the probable effects on the life insurance business due to recent changes in Social Security law and whether companies and group/self-administered retirement plans have made changes because of the amendments.

Description: Information regarding automatic updates to Social Security parameters (COLA, earnings base, etc.) effective at the beginning of 2017.