Description: A glossary of terms.

Description: Essay recommending establishing a consistent and actuarially sound foundation for assessing the costs and benefits of each and every current and new Medicare or other healthcare proposal.

Description: Article from The Actuary September 1992 – Volume 26, No. 7 is about Social Security's projected costs exceeding income

Description: June 2013 issue of the Social Insurance & Public Finance Section newsletter, In The Public Interest.

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: Member benefit newsletter for the Social Insurance and Public Finance Section of the SOA.

Description: This paper summarizes the legislative activity from 1969-72 with regards to social security. Topics include expansions in Old-Age, Survivors, and Disability Insurance [OASDI], establishment of social security trust funds, and changes in Medicare including extensions of benefits to disabled persons. From Transactions of Society of Actuaries 1973, Vol. 25, Pt. 1, No. 73.

Description: This article is the second in a two part series that summarizes a longer paper that can be downloaded from the website of the Social Insurance and Public Finance Section. Both articles take the form of a point-counterpoint dialogue addressing important aspects of social insurance programs. The first part discussed their nature, desirability and advantages, as well as whether they can form a framework to achieve sustainable inter-generational equity. This article focuses on whether pre-funding of a social insurance program can occur and can contribute to the financial security of the participants. Fundamental differences of opinion exist regarding these programs, not only due to different personal and political values, but also as a result of the viewpoint taken (for example, assessment of the program in isolation, consideration of the sponsoring government's financial situation, or the overall national economy).

Description: This article discusses amendments to the Social Security Act recommended by President Johnson which are incorporated in H.R. 5710. The bill amends the provisions and of the OASDI, Medicare and Medicaid programs.

Description: This paper describes an actuarial model that was developed to answer the question of whether employees are projected to get their money's worth out of participating in the Society Security system, determined by comparing the expected present value of benefits to projected value of taxes. This question is discussed with reference to 1. a single worker, 2. a married worker with a non working spouse and 3. a two-wage-earner family.