Description: Summary of recent activity in the social insurance and public finance section and invitation to volunteers.

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

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

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).

Description: Letter from the editor urging section members to participate in section activities.

Description: Reported on what was discussed at the first Council meeting of the Social Insurance & Public Finance Section.

Description: Information about a social insurance modeling mini-seminar at the SOA’s 2010 Annual Meeting

Description: Summary of the annual cost-of-living adjustment and changes in other wage-indexed programs parameters for Social Security in 2024.