Description: The author proposes an adjustment to the automatic benefit increase formula to reflect discrepancies between the CPI and wage inflation.

Description: Article from The Actuary October 1992 – Volume 26, No. 08 is a book review of Social Security: What Every Taxpayer Should Know

Description: This session from the 1995 SOA Boston Meeting focuses on the problems with the dominant social pension systems around the world and the potential solutions to the problems in providing retirement income security in the face of aging populations and diminishing resources. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: Public Law 93-445 provided for a complete restructuring of the railroad retirement system. This paper discusses 2 of the issues/problems underlying the need for the restructuring. These were 1 concurrent social security benefits paid to railroad annuitants 2 the approach used to increase benefits to keep up with inflation. Also a discussion of the basic achievement of the new law, which was to create a two-tiered benefit structure. Followed by 2 discussion papers submitted

Description: Distinguished panelists discuss the historical development of long-range 'close actuarial balance' of OASDI, its purposes and how well it is fulfilling its purposes, whether similar measures should be applied to the Hospital Insurance [HI] and Supplementary Medical Insurance [SMI] programs, and possible alternative measures. From the 1988 Record of Society of Actuaries, Vol. 14, No. 1.

Description: This article considers the challenges that need to be addressed in the cost analysis of long range social insurance programs, which in the US is now over a period of 75 years. The main thrust of this paper is the consideration of population changes however, the effects of economic elements cannot be ignored. From Actuarial Research Clearing House, 1984 Volume No. 1.

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: 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: 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: 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.