Description: Letter from the editor discussing the articles in the June issue of In The Public Interest.

Description: Summary of Social Security's automatic adjustments in benefits and other amounts taking effect at the beginning of 2014.

Description: The author proposes an adjustment to the automatic benefit increase formula to reflect discrepancies between the CPI and wage inflation.

Description: This section contains multiple book reviews and notices concerning the actuarial profession. Reviews: 'Medical Risks: Patterns of Mortality and Survival' by Singer and Levinson, 'The Theory and Practice of Pension Funding' by Trowbridge and Farr, 'Two Stochastic Processes' by Beekman, 'Disability Income Insurance - Cost Differentials between Men and Women' by New York Insurance Department, 'Social Security and Private Pension Plans: Competitive or Complementary' by McGill, 'A New Look at Accounting for Pension Costs' by Hall and Landsittel, '1977 Annual Reports of the Board of Trustees of the Federal OASDI Trust Funds...,' 'Investigation of Sickness Statistics - Individual Policies, 1971 and 1973' by the Institute of Actuaries and the Faculty of Actuaries, 'The Graduation of Pensioners and of Annuitants Mortality Experience 1967-70' by the Institute of Actuaries and the Faculty of Actuaries, 'Pensions and Survival - the Coming Crisis of Money and Retirement' by Calvert, 'Group Benefits in a Changing Society' by Spencer, 'Experience of Disabled Work Benefits under OASDI 1965-74' by Bayo and Wilkin. Digests also included.

Description: The social security payroll tax frequently is attacked as being too burdensome for the lower-paid worker. A possible solution to this problem would permit workers to contract out of a portion of their tax in exchange for a reduced benefit at retirement. This system is used in the United Kingdom. This paper explores some of the implications of such a system for the United States. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This is a digest of three separate isues: First, discussion examines social security in the United States and recent developments shaping its future. Second topic, Fourth Pacific Insurance Conference for countries of the Pacific rim and Third, current legislative developments. From Transactions of Society of Actuaries 1969, Vol. 21, Pt. 2. No. 59 AB.

Description: This discussion reviewed Social Insurance and the developments made in Congress during 1949, social security legislation in Canada and the experience to date with the National Health Services Act is examined. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: This paper examines the significant 1956 amendments to the Social Security Act and the estimated actuarial cost, and also discusses the historical financial experience and legislative revisions under Social Security and Public Assistance. A discussion of the paper is included.

Description: Report on a panel presentation in which options to maintain the solvency of Social Security are discussed.

Description: A discussion of the future of the Social Security system, including a summary of the report from the Social Security Administration Advisory Council issued in January 1997. The document also sets forth some philosophical issues pertaining to Social Security purposes and its funding.