Description: This article predicts the gap between the full U.K. Basic State Pension [BSP] and household expenditure in 2056 for a range of different dynamic inflation [Consumer Price Index, or CPI] predictions. The best and worst case scenario and the average surplus and deficit are detailed and analyzed in order to determine whether the BSP is sufficient to cover the expenditures for a state pension dependent single person and married couple.

Description: This is Part 2 of a summary of the new, upcoming Social Insurance Law in China. Part 1 was presented in the July 2011 issue of 'In the Public Interest.'

Description: Feature article explaining voluntary Social Security coverage of state and local government employees.

Description: The article describes the insurance industry's preparation for pandemic events and the public finance response.

Description: Description of Social Security COLA for December 2020 and wage-indexed program parameters for 2021.

Description: News about appointment of new commissioner of Social Security and movement on confirmation of public trustees.

Description: A periodic update from the chairperson on section council activities and outlook for the coming year.

Description: A description of the changes to Social Security that will occur in 2019.

Description: The Social Security Administration’s Office of the Chief Actuary performs estimates for a wide variety of proposals to make changes to Social Security. Many proposals address the long-range solvency deficit for Social Security’s Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds. Other proposals make revisions to specific aspects of Social Security law without significant effects on long-term solvency. This article discusses and provide examples of both types of proposals.

Description: The widening gap in life span between high- and low-income Americans may be eroding the progressivity of Social Security retirement benefits. Differential longevity trends have had the effect of raising lifetime benefits for high earners but not for low earners. Social Security’s long-term financial problems result in part from an increase in average life expectancy driven by wealthier people living longer, and, thereby, collecting more benefits. Policymakers should not use funding shortfalls attributable to these trends as an excuse to cut monthly benefits alike for those who have gained (high earners) and for those who haven’t (low earners).