Description: Articles from The Actuary, June 1971 – volume 5 - Issue 6 briefly summarizing reports from the Railroad Retirement Board and Social Security Administration. The reports deal with the results of the December 31, 1968 triennial valuation of the Railroad Retirement System, interesting information on the Railroad Retirement and Social Security systems for calendar year 1970, historical data through 1969 on coverage under all types of employee benefit plans, and a study of men who were awarded non-disability Social Security benefits at ages 62 and over in the first six month of 1969 to determine why people claim benefits when they do.

Description: This article discusses whether there should be a delayed retirement credit and, if so, how much the credit should be. The article distinguishes the applicability of the delayed retirement credit between social insurance and private pensions.