Description: Discussion of the Society of Actuaries' first consumer education program, dealing with Social Security funding and the contributors to the program. There is a hint of a discussion of the results of a survey of the value of the program, but the sentence ends in mid stream. There is also a discussion that there will be a similar education program directed at Medicare in the future but there is no discussion of this future program in the article.

Description: This article is about the relative merits of changing the U.S. Social Security system from its current defined benefit approach to a defined contribution approach.

Description: The article explores ways that legislative policy options that focus on both trust fund solvency and benefit adequacy may be implemented to bring about Social Security solvency and sustainability.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 is about Social Security and Medicare. This note compares actual experience for both fiscal year 1970 and calendar year 1970 with the short-range cost estimates given in the 1970 Trustees’ Reports.

Description: This is a brief summary of a Brooking Institution study entitled 'The Payroll Tax for Social Security. The study argues that the payroll tax should be eliminated as a source of financing of Social Security on the grounds that it is regressive and is especially burdensome to the poor.

Description: In this year’s Trustees’ Reports, recently submitted to the Congress, most attention focuses on the cash benefits program which is projected to have an actuarial deficit of about 3% of taxable payroll, over the 75-year valuation period.

Description: Summarizes Actuarial Note No. 100, Actuarial Studies No. 80 and No. 81 - published in Feb. and April 1980.

Description: This article is a review of the 1977 book “The Future of Social Security,” by Alicia H. Munnell, formerly on the staff of the Brookings Institution and now an Assistant Vice President of the Federal Reserve Bank of Boston. The author of this review notes that the financial problems of the Old-Age, Survivors, and Disability Insurance program have drawn considerable public attention during the past few years, and this has produced quite a number of books and papers on the subject with various recommendations as to what should be done about the future of the program. The reviewer thinks highly of this book, which covers the philosophical questions of individual equity vs. social adequacy, and the question of the effect of OASDI on savings and capital accumulation. Note: A detailed review of the book will appear in the Transactions.

Description: This article discusses whether there should be a delayed retirement credit and, if so, how much the credit should be. The article distinguishes the applicability of the delayed retirement credit between social insurance and private pensions.

Description: Summarizes Actuarial Notes 98 and 99 - Nov. 1979 and Jan. 1980. Also summarizes a booklet entitled History of the Provisions of Old-Age, Survivors, Disability, and Health Insurance 1935- 1979, Social Security Administration ,Baltimore, MD, January 1980.