Description: This discussion on Social Security examined questions related to the 1950 amendments including the effect on the beneficiary population, issues with including life insurance agents, and the affect on agent pension plans. Also, prospects for a disability program within Social Security, the impact of the proposed Canadian Old Age Pension program, and problems relative to the British Columbia hospitilization plan are discussed.

Description: This paper is from Transactions of Society of Actuaries 1955 Volume 7, Number 17. The author describes the 1954 amendments to Social Security, with a comparison to the 1950 and 1952 amendments, all of which primarily affected the Old-Age and Survivors Insurance [OASI] system, increasing benefits. Data on experience under the 1950 and 1952 amendments is provided. The author discusses the major changes enacted under the 1954 amendments, among them extension of coverage, increases in benefits and an increase in the maximum wages subject to contributions.

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 discussion of the paper, Mortality Experience under the Old-Age and Survivors Insurance System by Louis O. Shudde. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This paper describes an actuarial model that was developed to answer the question of whether employees are projected to get their money's worth out of participating in the Society Security system, determined by comparing the expected present value of benefits to projected value of taxes. This question is discussed with reference to 1. a single worker, 2. a married worker with a non working spouse and 3. a two-wage-earner family.

Description: Continuation- Part 3 of a three part panel discussion about social insurance, focusing on Canada. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

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: This paper offers a mathematical discussion of integrating private pension plans with social security and looks at IRS rules, earnings replacement by social security, integrating defined benefit and defined contribution plans, early retirement, target plans, discrimination test and other issues. From Transactions of Society of Actuaries 1976, Vol. 28.