Description: On the eve of dissemination of an interim report by the President’s Commission on Pension Policy, The New York Times has printed four articles May 18-21 entitled “The Pension Tangle.” This addresses the first of this quartet, regarding the threat of inflation to the private pension system.

Description: Argues that defined benefit plans do a much better job than 401ks in providing lifetime retirement income and points out other drawbacks of corporations switching plan types.

Description: Summary of the non-routine business transacted at meetings of the Executive Committee of the Society of Actuaries on September 18, 1979 and the Board of Governors on October 18-19, 1979

Description: This article summarizes the speech by Lloyd A. Woolridge on pension vs. profit sharing, insured vs. uninsured and individual vs. group in regards to retirement income plans.

Description: We are pleased to have received, in response to our June editorial, What Say We?, the views of eight actuaries on the doubts about the private pension system that were expressed by Karen W. Arenson in the New York Times.

Description: Reviews a new pamphlet on public accounting entitled Accounting for the Cost of Pension Plans, by the American Institute of CPAs which discusses Opinion No. 8 issues.

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.

Description: Minor changes in the Internal Revenue Code would encourage corporations to use Trust Fund financing, thus fueling economic prosperity without population expansion. However, even without these changes, a number of companies have found that establishing an employee trust is the answer not only to their capital requirements, but also to their employees’ increasing demands for a “piece of the action.”