Description: Read the March 2020 issue of In The Public Interest published by the Social Insurance & Public Finance Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This document is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. It provides the names of the individuals contributing to the discussion along with a summary of their remarks. The discussion covers social security in Canada and the U.S., including principles underlying recent and prospective developments, inconsistency and overlapping among different systems, types of benefits and benefit levels, use of private carriers and self-administered plans, and types of plans and coverages.

Description: As the topic of affordable long-term care (LTC) insurance comes into focus in political conversations, we often find ourselves thinking, “What is going to happen to the private LTC insurance industry going forward?” The need for LTC in the United States is not going away, especially as the population continues to age. With this in mind, this article explores three possible future paths for LTC insurance funding and the associated implications for the private LTC industry.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The panelists discuss current issues with respect to the Social Security, Medicare, and Medicaid programs, including controlling Medicare costs, Parts A and B, covering the uninsured under Medicaid, and the Social Security Old Age and Survivors and Disability Insurance, ‘OASDI,’ trust funds, and their relationship with the overall federal budget and whether trust fund build up can affect aggregate national savings. Long range projections and assumptions, and the recommendations of the OASDI Technical Panel are examined. From the Record of Society of Actuaries Vol. 17, No. 3B.

Description: Analyzing large quantities of raw complex data is often a challenge in the health care industry. During this webcast, there will be a demonstration of how unsupervised machine learning techniques can be applied to such data to help bring useful insights. This will include examples that use unsupervised learning techniques spanning dimensionality reduction, clustering and anomaly detection.

Description: The chairperson of the Social Insurance and Public Finance Section discussed the section's accomplishments, ongoing activities, and plans for future projects.

Description: Summary of 1999 IRC, PBGC, Federal Income Tax, Social Security, and Medicare Amounts by Heidi R. Dexter from Pension Section News, February 1999, Issue No. 39.

Description: Mortality is a fundamental element in the financial projections of the finances of social security programs around the world. Prominent actuaries from the U.S. Social Security Administration, Canada's Office of Superintendent of Financial Institutions and the U.K. Government Actuary's Department will discuss some of the key factors and issues associated with these projections. Improving mortality has and will have a significant effect on the affordability and importance of income through retirement to many population segments in these countries.

Description: The military retirement system is a funded, noncontributory, defined-benefit plan that includes nondisability retired pay, disability retired pay, and survivor annuity programs. This article discusses the additional benefits created by the Military Retirement Reform Act of 1986.

Description: This article describes Singapore's Central Provident Fund and how it involves government, employers and employees in a cooperative partnership for mandatory savings and investment to assist with the primary lifetime goals of home ownership, medical care and retirement provision.