Description: Our society has made promises with respect to retirement, care of the aging baby boom generation, and debt repayment that in total cannot be met. We will need to break some of these promises.

Description: Brief description of articles contained in the newsletter.

Description: Discussion of some of the debated aspects of the new health care law from an actuarial principles perspective.

Description: Cover article introducing this month's newsletter and discussing the highlights of the contents of the newsletter

Description: Feature article discussing the impact of the crisis that started in 2008 on pension plans and pension policies in a variety of countries.

Description: Feature article discussing the social security programs of the 16 countries that make up the English-speaking Caribbean.

Description: This article points out actuarial issues surrounding provisions in the ACA that impact financial reporting.

Description: Listing of articles of interest to SIPF Section members from the January 2010 issue of In The Public Interest.

Description: This article describes Singapore's Central Provident Fund and how it involves government, employers and employees in a cooperative partnership for mandatory savings and investment to assist with the primary lifetime goals of home ownership, medical care and retirement provision.

Description: This article is the second in a two part series that summarizes a longer paper that can be downloaded from the website of the Social Insurance and Public Finance Section. Both articles take the form of a point-counterpoint dialogue addressing important aspects of social insurance programs. The first part discussed their nature, desirability and advantages, as well as whether they can form a framework to achieve sustainable inter-generational equity. This article focuses on whether pre-funding of a social insurance program can occur and can contribute to the financial security of the participants. Fundamental differences of opinion exist regarding these programs, not only due to different personal and political values, but also as a result of the viewpoint taken (for example, assessment of the program in isolation, consideration of the sponsoring government's financial situation, or the overall national economy).