Welcome to the Social Insurance and Public Finance Section

If you're an actuary who works in social insurance, public finance or healthcare (Medicaid, Medicare), you'll appreciate the networking and professional development opportunities offered in this section. Section members enjoy high quality continuing education and the chance to participate in fundamental research that includes evaluating and managing social insurance programs, public pension plans, government funded health plans, worker's compensation insurance and unemployment insurance.

All members may access quarterly digital issues of In the Public Interest; section website resources, articles and links on hot topics; and involvement with specialized projects and subgroups, including National Conversation on Long Term Care and social security and healthcare committees.

This section will be rehomed into the Retirement Community beginning fall 2025. Find out more about the benefits of Communities.

Get Involved Through Leadership Positions

Sections are evolving into Communities beginning fall 2025, offering more ways to engage with like-minded peers. Shape activities and programs within your Community through leadership positions. Submit your expression of interest form for elected positions by May 23.

View: In the Public Interest

Read the lastest Social Insurance and Public Finance News in our fully digital newsletter!

Social Security Changes for 2025

Bruce Schobel, FSA, MAAA, breaks down the changes to Social Security for 2025.

LTC Population Model

The LTC Population Research Model was developed to examine potential impacts of LTC benefits made available through public finance approaches at the federal level.

Actuarial Funding Policies and Practices for Public Pension Plan, Second Edition

The Conference of Consulting Actuaries (CCA) Public Plans Community (PPC) released a second edition of their 2014 white paper “Actuarial Funding Policies and Practices for Public Pension Plans.” The second edition reflects, among other things, “updates to Actuarial Standards of Practice and nearly a decade of experience applying the guidance from the original white paper as well as emerging practices.” Click here to access the white paper.

2024 Social Security Trustees Report

The Social Security Trust funds will be able to pay 100% of total scheduled benefits until 2035, one year later than reported last year. View the 2024 Social Security Report.

2024 Medicare Trustees Report

Due to assumptions regarding improved economic conditions, the Medicare HI trust fund is now expected to remain funded through 2036, five years later than reported in the previous year.

Podcast

Check out the 4-part podcast series on Social Security, brought to you by Geof Hileman and Bruce Schobel.

Paid Family Leave Research Report

The Social Insurance and Public Finance Section, and the International Section co-sponsored a research effort that is focused on paid family and medical leave programs (PFML) in the US and around the world. The primary goal is to identify the features and actuarial considerations of international PFML programs and how lessons learned from them can help shape developing programs in the US. The results of the research includes a summary of the programs and illustrates the range of benefits.

Section Leadership

Here’s your council for 2025! See the list of officers, members, Newsletter editors and SOA staff partners.