Description: This is an article about Social Security disabled-worker experience 1979-1982.

Description: On October 21, the Bureau of Labor Statistics BLS released the Consumer Price Index KPI for September. With that figure, the Social Security Administration calculated the Social Security cost-of-living adjustment COLA for December 1988, which was 4.0%.

Description: This article introduces the special rules that apply to employees of state and local governments that choose to be covered by the U.S. Social Security program.

Description: This session at the SOA 1990 Annual Meeting looks at recent and pending social security legislation, the 1990 Trustees Report, and the Moynihan proposal to move to pay-as-you-go financing.

Description: This paper discusses social insurance supplement - SIS insurance which is a disability income policy rider that pays an additional benefit on disability if the insured is not receiving benefits from a social program. It provides one possible framework for the actuarial structure of the product. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This session from the 1983 SOA Hollywood, Florida Meeting examines the Social Security Amendments of 1983 including benefits vs. taxes over a worker's lifetime, implications of Social Security changes for employee benefit plans and compensation arrangements. From Record of Society of Actuaries, Vol. 9, No. 4.

Description: The question is frequently raised: Do workers get their money's worth from the payroll taxes that they pay under the U.S. Social Security program? Analyses by nonactuaries are usually faulty because of incorrect methodology and/or incorrect assumptions. This paper presents an analysis of cash retirement benefits for various cases of workers at two earnings levels who attained age 65 and retired in the past and who will attain the normal retirement age and retire at several dates in the future. In summary, the vast majority of workers who retired in the past received, and are receiving, benefits of far greater value than the taxes that they paid. This situation will change in the future, especially if tax rates rise to a level sufficient to support the program over the long run. Many workers who retire in the future will not get their money's worth when the combined employer-employee taxes are considered. This result would be expected eventually for a program that is financed almost entirely by these payroll taxes. However, the vast majority of workers will get their money's worth if only the employee tax is considered. From Transactions of Society of Actuaries 1992, Vol. 44.