Description: We are pleased to have received, in response to our June editorial, What Say We?, the views of eight actuaries on the doubts about the private pension system that were expressed by Karen W. Arenson in the New York Times.

Description: Minor changes in the Internal Revenue Code would encourage corporations to use Trust Fund financing, thus fueling economic prosperity without population expansion. However, even without these changes, a number of companies have found that establishing an employee trust is the answer not only to their capital requirements, but also to their employees’ increasing demands for a “piece of the action.”