Description: The purpose of this paper is to identify the changes in the structure and composition of families and to discuss the implications of those changes for Social Security reform.

Description: Commentary from Robert Myers regarding the apparent success of the actuarial cost estimating procedure for the Social Security program on its 40th anniversary.

Description: OASDI Trust Fund: Principal Economic and Demographic Assumptions from Pension Section News, October 2000, Issue No. 44.

Description: This session is about the U. S. Social Security System undergoing a period of critical reappraisal with the costs and future of the system in question, and about how the actuarial profession should be involved in the process.

Description: There is growing evidence of a positive correlation between income levels and longevity. In short, high-income earners live longer. That also means that high-income earners get larger retirement-income security benefits from Social Security. This correlation raises a number of questions: if Social Security contributions are a level percentage of earnings, and high-income earners live longer and receive larger Social Security benefits, then is Social Security regressive? If higher-income actually causes enhanced longevity, then would providing more Social Security benefits enhance population life expectancy? This paper analyzes both the OASDI system of the United States and the Canada/Quebec Pension Plans in Canada to see if these systems are 'a good deal' and whether they are regressive or progressive as defined above. From Actuarial Research Clearing House 1998 Vol. 1.

Description: Summarizes and explains the COLA and wage-indexed changes in Social Security program parameters announced by the Social Security Administration on October 13, 2022.

Description: This is an Excel spreadsheet, provided by the Society of Actuaries Pension Section, containing Social Security Earnings Base and Payroll Tax Rates, Social Security Wage Index and Maximum PIA, other Social Security program data, Medicare data, Railroad Retirement Earnings Base and Payroll Tax Rates, and the number of recipients and average monthly OASDI benefits.

Description: This paper examines some of the issues threatening the current health of the Social Security System, and how all or part of the system could be replaced by a cash balance plan. From Cash Balance Symposium Monograph, M-RS02-3.

Description: The OASDI from a Canadian Perspective Review by Bernard Dussault of the 2000 Trustees Report on the OASDI from The Pension Forum, December 2000, Volume 12, Issue No. 1.

Description: Reports on recent month-end fund balances in the Old-Age, Survivors, and Disability Insurance funds. They had been facing a great financial crisis recently and now are in much better financial condition.