Description: The article notes, as explained in Norman Solomon’s paper, TSA XV, 167, so-called windfall appropriations are required annually to finance dual benefits to which certain railroad workers became eligible under the Railroad Retirement Act in consequence of pre-1975 employment that entitled them to both Railroad Retirement and Social Security benefits. The author then notes that the Office of Management and Budget has arbitrarily reduced revised appropriations, and that “the actuarial profession should take a strong stand against this by-passing of actuarial determinations.”

Description: Article from The Actuary, May 1985 – Volume No. 19, Issue No. 5 that discusses the current financial status of Social Security.

Description: This paper discusses the reasons why universal coverage of social security is desirable and the methods by which it could be achieved. The paper also covers an alternative approach to solving the financial problems without universal coverage. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: Sets forth the history of the actuarial responsibilities for the Social Security System since the Act of 1935.

Description: This paper presents an analysis of whether workers get their 'money's worth' from the taxes they pay under the U.S. Social Security program. The cash retirement benefits for various cases of workers who have attained age 65 in different years and at different earnings levels is explored. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: This session at the SOA 1990 Annual Meeting looks at recent and pending social security legislation, the 1990 Trustees Report, and the Moynihan proposal to move to pay-as-you-go financing.

Description: This article is a review of “1972 Lifetime Earnings by Age, Sex, Race, and Education Level, Research and Statistics Note No. 14-1975,” published by the Social Security Administration, which presents detailed data by quinquennial age groups, sex, race, and years of school completed as to the present value of future earnings based on static earnings levels 1972. It is stated that such data can be used for general analytical purposes to form policy, for court determinations of awards in damage suits, and for cost-benefit analysts in such areas as disease prevention and education programs. The author of this article notes in his analysis the inconsistency of the static salary assumptions with a range of interest rates from 2% to 8%.

Description: Surveys show that young people do not have confidence that Social Security will exist when they retire - a view that is supported by some official projections. Author points out some ways the funding shortfalls can be corrected to secure Social Security's future.

Description: This paper discussed highlights of the history and contents of the 1950 and the 1952 Amendments to the Social Security Act.

Description: This is a discussion of the paper, 1958 Amendments to the Social Security Act by Robert J. Myers. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.