Description: President Bush is to be commended for making social security private account reform a top legislative priority, but the mixed defined-benefit/defined-contribution model that he has in mind has been criticized for transferring too much investment and longevity risk to account holders. In response, President Bush should consider an alternative approach to private account design - indexed benefit offsets - that would retain the existing defined-benefit model and eliminate this risk transfer. From Pension Section News, April 2005, Issue No. 58.

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: A letter to the editor regarding how the Social Security trustees project Social Security costs: Is it actuarial science or politics? From Pension Section News, January 2006, No. 60.

Description: This article encourages pension actuaries to read a 16-page paper, available on the Internet from the National Commission on Retirement Policy, regarding the challenges of the next decade on how to put federal programs for senior citizens on a sound financial footing.

Description: This article shows the detailed calculation of the PIA for maximum earners who retire in January 1998. From Pension Section News, April 1998, Issue No. 36.

Description: Article from the Pension Section News, June 2000, on the simple logic of health care inflation. This article is reprinted with permission and ran in the April 2000 issue of Health Section News.

Description: A summary from the Trustees report: SMI Trust Fund: Estimates under Alternative II Assumption for Aged and Disabled Excluding End-Stage Renal Disease Enrollees

Description: An excerpt from the 2003 Annual Report of the Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds which describes the basic methodology and assumptions used in the estimates for Medicare Part B under the intermediate assumptions.

Description: SMI Trust Fund: Estimates under Alternative II Assumption for Aged and Disabled Excluding End-Stage Renal Disease Enrollees from Pension Section News, October 2000, Issue No. 44.

Description: OASDI Trust Fund: Principal Economic and Demographic Assumptions from Pension Section News, October 1999, Issue No. 41.