Description: The editorial illustrates public finance issues, focusing on the themes of Social Security and Medicare Advantage plans that are highlighted in this issue.

Description: Professional development opportunities from the Society of Actuaries.

Description: Article describing how the process and means for an actuarial education has changed over the years.

Description: This web page contains links to the following articles of interest to actuaries: 1. A July 9, 2011 New York Times editorial about recent studies suggesting that antidepressants aren’t effective after all, and 2. A March 10, 2011 Time Magazine article by Joel Stein titled, 'Data Mining: How Companies Now Know Everything About You.'

Description: This article discusses new developments on the regulatory front. Under the new agreement, insurance company management and boards will be required to issue a statement that reflects their judgment about the firm’s viability, including its capital adequacy. The required opinion will have five elements - identifying risks, measuring risks, a risk feedback loop, a risk tolerance statement, and a risk policy.

Description: This column highlights the recent activities of the Society of Actuaries and lists professional development opportunities.