Description: Discusses author's thoughts on emerging social policy such as Social Security.

Description: These are comments made by a past president of the SOA in regards to an article written by Jean Sasseville reviewing the World Bank Policy Research Report.

Description: The paper reviews the demographic shifts, including improved life expectancy and the baby-boom/baby-bust cycle, of the past half-century and discusses their impact on the funding of pay-as-you-go paygo social security systems. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: This paper first summarizes the recent operations of the OASDI and Public Assistance PA programs. Then, the legislative history of the 1960 Amendments is presented in some detail, since proposals advocated unsuccessfully, or even passed by one House, often are embodied in subsequent legislation. Finally, the provisions of the OASDI system following the 1960 Amendments are summarized by categories, with particular emphasis on changes made and on financing aspects. From Transactions of Society of Actuaries 1960, Vol. 13, No. 36 AB.

Description: This is a discussion of the 1950 amendments to the Social Security Act. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This article is a review of the 1981 book ‘The Coming Revolution in Social Security,’ by A. Haeworth Robinson. The reviewer notes that the author believes there is ‘dangerous lack of information about the current program,’ but that understanding will bring demand for radical changes. An important question asked by the book is whether, due to the changes in our society and economy since the original program was instituted, and probable future changes, the system needs to be fundamentally different and more flexible.

Description: The book review states 'This monograph provides an independent overview of the assumptions and methodology behind the OASDI estimates made by the Social Security Administration. Such information has heretofore been available only in the annual reports of the Board of Trustees of the OASDI Trust Funds, in the Actuarial Studies issued by the SSA and in writings by individuals closely associated with the system.'

Description: Article describing two actuarial notes released by the Social Security Administration in 1967 clarifying changes to primary insurance amounts and family benefits.

Description: This article discusses key excerpts from testimony in June and July 1981 by James R.Swenson, Chairman of the Academy’s Committee on Social Insurance, to the Senate Special Committee on Aging, and to the Senate Subcommittee on Social Security. The testimony recommended that the long term problems of Social Security be addressed at the same time as the short term imbalances, that benefits be adjusted to affordable levels e.g. gradual increase in retirement age, that more attention be paid to pessimistic actuarial projections, that the actuaries be given more latitude in selecting assumptions, and that the law be amended to require actuarial certifications for Social Security.

Description: This paper summarizes the legislative activity from 1969-72 with regards to social security. Topics include expansions in Old-Age, Survivors, and Disability Insurance [OASDI], establishment of social security trust funds, and changes in Medicare including extensions of benefits to disabled persons. From Transactions of Society of Actuaries 1973, Vol. 25, Pt. 1, No. 73.