Description: Mortality is a fundamental element in the financial projections of the finances of social security programs around the world. Prominent actuaries from the U.S. Social Security Administration, Canada's Office of Superintendent of Financial Institutions and the U.K. Government Actuary's Department will discuss some of the key factors and issues associated with these projections. Improving mortality has and will have a significant effect on the affordability and importance of income through retirement to many population segments in these countries.

Description: The presenters will provide an update of the Social Security Program’s financial status and discuss recent proposals for modifying the program.

Description: Presented at Annual Meeting October 1986. Discusses: Reasonableness of cost projections in the 1986 OASDI Trustees Report, Possible policy alternatives in response to the higher cost projected for years after 2020, How to reduce the variability in cost trends due to economic and demographic changes, Financing implications of differences and similarities in cost trends between Social Security pensions and private pensions, paper, 'Components of Trends in Social Security Costs' by Francisco R. Bayo, Milton P. Glanz and Charles L. Trowbridge.

Description: This presentation, session number 80PD, took place at the 1999 Spring Meeting of the Society of Actuaries, held June 16-18 in Seattle. The panelists discuss the far-reaching, and not fully understood, proposals for fundamentally changing Social Security, including proposals from Congress, private individuals and groups, and by members of the recent Advisory Council on Social Security. They include “privatizing” Social Security, partially or fully, and changing the investment policy to allow trust fund investments in private securities. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 2.