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 session discussion is about current issues in U.S. social security and Medicare programs. From Record of the Society of Actuaries Vol. 15, No. 3B.

Description: This paper presents an analysis of whether workers get their 'money's worth' from the taxes they pay under the U.S. Social Security program. The cash retirement benefits for various cases of workers who have attained age 65 in different years and at different earnings levels is explored. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: This article focuses on the differences between U.S. and Canadian policy making processes, especially as it relates to social insurance.

Description: Panelists at this session of the SOA 2000 Las Vegas Spring Meeting discuss Congressional proposals for changing Medicare and the Academy's Medicare Reform Task Force report with respect to financial soundness, competition and potential prescription drug benefits.

Description: Discusses the recent firing of the Social Security Commissioner and the president's legal authority to do so.

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.

Description: Describes the December 2021 COLA and other changes effective in 2022, along with how they are computed.

Description: This paper presents an analysis of the mortality experience recorded in the 16 official complete life tables that have been published by the Japanese government, covering about a century. In addition to progress in industrial production, Japan has made remarkable progress in the demographic area, especially decreasing mortality rates of its people.

Description: Summary of the annual cost-of-living adjustment and changes in other wage-indexed programs parameters for Social Security in 2024.