Description: This meeting session, which occurred at the April 1982 Society of Actuaries meeting in Orlando, presented a discussion of U.S. Social Security issues. Questions discussed included: 1. What is the financial status of the Social Security program? 2. What changes have been recently adopted and what changes have been proposed? 3. How would these changes affect the private pension system costs and plan design? 4. What is the proper role of the actuarial profession regarding the Social Security program? Included discussion of the paper, Constant Replacement Ratios in Retirement: A Theoretical Approach,' by Barnet N. Berin and Anthony B. Richter.

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: Feature article listing the papers on international social security systems from the 29th Congress of the International Actuarial Association in Cape Town in March 2010

Description: Feature article discussing the National Academy of Social Insurance NASI, its 2011 Annual Conference, and in particular the session on Social Security Reform.

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: Response to Robert Myers review of an actuarialaudit of the Social Security system performed by Professors Kaplan and Weil.

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: 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: Is the New CPI Different? Implications for Pension Plans by Todd Rutley from Pension Section News, June 1999, Issue No. 40.