Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 reviews the Advisory Council on Social Security's 1971 report on Social Security and Medicare.

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.

Description: These are comments made by a past president of the SOA in regards to an article written by Jean Sasseville reviewing the World Bank Policy Research Report.

Description: The book review states 'This monograph provides an independent overview of the assumptions and methodology behind the OASDI estimates made by the Social Security Administration. Such information has heretofore been available only in the annual reports of the Board of Trustees of the OASDI Trust Funds, in the Actuarial Studies issued by the SSA and in writings by individuals closely associated with the system.'

Description: Senate Resolution 350, June 26, 1974, provided for an expert, independent analysis of the actuarial status of the social security system, to be made for the Senate Committee on Finance. Robert Myers provides comments on this report and finds it an excellent example of how an actuarial report should be presented to the public.

Description: This article is about the role of interest in financing the OASDI system and assumptions if the OASDI system is funded in the future so that it is on a current cost basis.

Description: Argues that the budget for the Social Security program should not be 'unified'with the rest of the federal budget in evaluating the federal deficit.

Description: This article discusses Social Security amendments of 1983 that include triggering devices based on trust-fund ratios that affect the funding or benefits of the system for both OASDI and Medicare.

Description: Highlights the recent changes to Social Security and Medicare from enactment of the Tax Reform Act of 1986 and the Omnibus Budget Reconciliation Act. Also highlights some changes voted in by one of the houses but not by both, and therefore not enacted.

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.