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: Summary of discussions from various panelists on the topic of Social Security. They looked at recent developments with respect to general legislation expanding coverage, discussion of the Constitutional issues with respect to Social Security, developing experience of the new Canadian old-age pension plan, inadequacy of the funding levels relative to promised benefits for both the Canadian old-age plan and US Social Security.

Description: Panelists describe the various proposals to invest Social Security and Canadian Pension Plan funds in equities, and examine the potential for return improvement and possible risk. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.