Description: Industry briefings and SOA news

Description: The work of the Society of Actuaries’ Committee on Post-Retirement Needs and Risks—including focus groups and Risks and Process of Retirement Surveys—offers important insights into when, how and why people retire.

Description: The article explores ways that legislative policy options that focus on both trust fund solvency and benefit adequacy may be implemented to bring about Social Security solvency and sustainability.

Description: Feature article about the different types of retirement systems throughout the world and how watching what they do could help the U.S. retirement system.

Description: An article from The Actuary that highlights Stephen C. Goss, chief actuary at the Social Security Administration, who was recently awarded the National Academy of Social Insurance's NASI first ever Robert M. Ball Award for outstanding achievements in social insurance. According to NASI, Goss exemplifies 'public service' at its very best. The Actuary asked Goss if he could give a little more of himself and answer some questions about his career, which, of course, he did.

Description: This is an article about the lack of savings by the baby boomers and how it will affect retirement and the ramifications for Social Security. The author believes that baby boomers will choose to continue to work and alleviate some of the burden on social security.

Description: The book, 'Individual Accounts for Social Perspectives on the U.S. Debate' by John Turner, is reviewed in light of recent congressional failure to reform Social Security and in light of a survey of actuaries that produced divergent views on the subject [link to survey included].

Description: The article summarizes a survey conducted by the Pension Section's Research Team. Nearly 2,400 actuaries responded with answers that ranged from abolishing the system to expanding the program to include all workers. The question, What changes, if any, should be made to the current system? is recapped.

Description: Social Security poses a substantial financing challenge for the future, largely due to demographic changes. This article explores the reasons behind this issue and possible changes that will be needed in the future.