Description: These are discussion papers on the paper, 'The 1952 Amendments to the Social Security Act' by Robert J. Myers.

Description: Discusses the projected costs of social insurance programs in the U.S. and Canada, the experience of the British National Health Service on controlling costs versus providing quality service, the economic consequences of the projected high costs of social insurance and of the projected build-up and spend-down of the Old Age, Survivors, and Disability Insurance [OASDI] Trust Funds, and possible solutions to the financing of these programs. From the 1988 Record of Society of Actuaries, Vol. 14, No. 1.

Description: Book review for An American Philosophy of Social Security written by the chairman for the original Social Security Advisory Council and discusses the original and subsequent thinking about social security.

Description: This discussion looks at the probable effects on the life insurance business due to recent changes in Social Security law and whether companies and group/self-administered retirement plans have made changes because of the amendments.

Description: A view of Social Security disability experience for 1970 through 1978, and future projected trends based on observed application, approval, and recovery rates.

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: The Annual Reports of the Trustees, for the Social Security Trust Funds, are cornucopia of data. However, the major focus is on projections expressed as a percentage of payroll. The purpose of this paper is to suggest that additional measures - which would supplement, rather than replace the percentage of payroll data - should be examined to evaluate the projected effect of the cash benefits OASDI program.

Description: This article describes a report by the GAO that was prepared at the request of Congressman Wolff. Robert J. Myers, the author of the article, that the GAO report is “an excellent summary of the various recent studies on the financial problems confronting the OASDI system. Four of the studies have been recently reviewed in The Actuary: An Actuarial Audit of the Social Security System by Kaplan and Weil April 1975, the 1975 Trustees Report June 1975, Report of the Panel on Social Security Financing to the Committee on Finance, U.S. Senate May 1975, and Reports of the Quadrennial Advisory Council on Social Security October 1975. Also considered in the report are editorial comments by The Wall Street Journal which first impelled Congressman Wolff to request the GAO Report.”