Description: The author's purpose is to attain a greater insight into the nature and significance of the social security financing method and to examine the image in the public mind of the social security financing method and its significance. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: This section contains multiple book reviews and notices concerning the actuarial profession. Reviews: 'Medical Risks: Patterns of Mortality and Survival' by Singer and Levinson, 'The Theory and Practice of Pension Funding' by Trowbridge and Farr, 'Two Stochastic Processes' by Beekman, 'Disability Income Insurance - Cost Differentials between Men and Women' by New York Insurance Department, 'Social Security and Private Pension Plans: Competitive or Complementary' by McGill, 'A New Look at Accounting for Pension Costs' by Hall and Landsittel, '1977 Annual Reports of the Board of Trustees of the Federal OASDI Trust Funds...,' 'Investigation of Sickness Statistics - Individual Policies, 1971 and 1973' by the Institute of Actuaries and the Faculty of Actuaries, 'The Graduation of Pensioners and of Annuitants Mortality Experience 1967-70' by the Institute of Actuaries and the Faculty of Actuaries, 'Pensions and Survival - the Coming Crisis of Money and Retirement' by Calvert, 'Group Benefits in a Changing Society' by Spencer, 'Experience of Disabled Work Benefits under OASDI 1965-74' by Bayo and Wilkin. Digests also included.

Description: This paper consists of two parts. The first concerns the financing of public systems, the second is a challenging introduction to variances encountered in life insurance and life annuity theory. The first part emerges from work by some actuarial students and faculty at the University of Michigan during the past five years. The second part was stimulated by some developments in the preparation of the second edition of Actuarial Mathematics.

Description: The purpose of this paper is to examine how an actual fund, for any given contribution rate, would develop as a proportion of the full fund in a social insurance program. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: The social security payroll tax frequently is attacked as being too burdensome for the lower-paid worker. A possible solution to this problem would permit workers to contract out of a portion of their tax in exchange for a reduced benefit at retirement. This system is used in the United Kingdom. This paper explores some of the implications of such a system for the United States. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This discussion reviewed Social Insurance and the developments made in Congress during 1949, social security legislation in Canada and the experience to date with the National Health Services Act is examined. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: This paper examines the significant 1956 amendments to the Social Security Act and the estimated actuarial cost, and also discusses the historical financial experience and legislative revisions under Social Security and Public Assistance. A discussion of the paper is included.

Description: This paper summarizes the legislative history in 1966 and 1967 of the amendments to Social Security, including Medicare and Medicaid, that were enacted and of the significant Unemployment Insurance legislation that was almost enacted. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 57.

Description: This paper presents the amendments enacted by Congress in 1958 to the Social Security Act. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: The purpose of this paper is to discuss the major health issues facing the United States of affordable care and cost controls. While this paper does not develop a specific health plan, it does analyze the problems and give direction. From Transactions of Society of Actuaries 1981, Vol. 33.