Description: The Social Security System faces a funding crunch some 30 years in the future. Democrats and Republicans agree on the funding problem and that investing in the stock market can help fill the gap. But both views cannot be right.

Description: This paper focuses on the Social Security Act. The paper first presents a brief history of the old-age and survivors insurance system and the public assistance program. The provisions of the amended act are compared to the previous version. Actuarial cost estimates underlying the insurance program are given with implications of the financing basis of the program.

Description: Chairperson's Corner discussing actuarial principles and what we as actuaries value in our work.

Description: 1993 SOA Spring Meeting, San Diego. This session is about privitalization of social security programs. Topics included: 1. The Chilean model. 2. Trends in other Latin American countries. 3. Trends in Europe and Eastern Europe.

Description: On May 16th, the Social Security Boards of Trustees sent to the Congress the three annual reports OASDI, HI, and SMI. These reports present cost projections similar to those provided to the Congress last year at the time of enactment of the 1977 Amendments.

Description: Social Security Disability Insurance DI experience in 1980 is continuing most recent trends, but changing somewhat in a few others.

Description: This session is about the U. S. Social Security System undergoing a period of critical reappraisal with the costs and future of the system in question, and about how the actuarial profession should be involved in the process.

Description: Book Review: Within the System: My Half Century in Social Security by Robert Myers . 'This splendid book' tells of Mr. Myers remarkable public service career and appraises the influence of many American politicians.

Description: This paper presents multiple book reviews: Reports from Staff of U.S. House of Representatives Committee on Ways and Means and U.S. Senate Committee on Finance, Reports in Connection with Social Security Legislation 1975-77, 'Statement on Cost Comparisons of Individual Life Insurance Policies', by Canadian Institute of Actuaries, 'Investment Activities of Life Insurance Companies' from Huebner Foundation Lectures, 'The Life Insurance Industry's Marketing Dilemma' by Johns, 'The Future of Social Security' by Munnell, 'Social Security - Today and Tomorrow' by Ball, 'Mortality Table Construction' by Batten, 'Mortality Table Construction' by Batten, 'The Crisis in Social Security - Problems and Prospects' by Boskin, 'A History of Interest Rates' by Homer, 'Indexation of Pensions and Other Benefits' by Robert Myers, 'Life Insurance Accounting' by Strain, '1978 Annual Report of the Board of Trustees of the Federal Hospital Insurance Trust Fund...' by US Congress. Brief summaries of additional readings are also included.

Description: This article is a review of the book “Social Security” by Robert J. Myers, published in 1975 by Richard D. Irwin, Inc. The reviewer calls the book a “marvelous reference source from which to draw in getting a fix on literally hundreds of the finer points relating to eligibility, the method of calculating benefits, in fact the whole background and evolution of these benefits and methods,” and notes the book will be of value to anyone who works with employee benefits that relate in some way to the Social Security system.