Description: Feature article presenting a synopsis of the Social Insurance and Public Finance Pension Sub-committee.

Description: A Paper to Note The Vital Connection, an ERIC Publication by Joseph Applebaum from Pension Section News, February 1999, Issue No. 39.

Description: This paper defends the concept of raising the minimum age for collecting Social Security benefits from the present 62 to age 65. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: This articles features three study notes for used for the Retirement Benefits course 8 exam: Current Issues in Social Security by Steven McKay Mortality Tables for Pension Plans by D. Grubbs and M. Oliver and Valuation of Pension Benefits for Disabled participants by Edward Sypher

Description: Longevity insurance benefits are deferred annuities that begin payment at advanced older ages, such as at age 82. With a longevity insurance benefit, the problem of asset decumulation with uncertain life expectancy is simplified. Instead of planning for an uncertain period, retirees can plan for the fixed period from the date of their retirement to the date at which they start receiving the longevity insurance benefit. Originally, Social Security was structured as a longevity insurance benefit program, with roughly 50 percent of those entering the workforce surviving to receive the benefits. Over time, however, as life expectancy has improved, Social Security benefits have slowly transformed into benefits that most people entering the work force ultimately receive. While adding longevity insurance as a new benefit when Social Security is already facing a financing deficit would be problematic, reintroduction of a longevity insurance benefit a s part of Social Security reform package that involved benefit cuts could be an important policy innovation.

Description: The abstract for the paper What if Mortality was to Diminish Much More than Forecasted? Implications for Financing Social Security.

Description: Presented at Living to 100 Symposium, January 2011. The first part of this paper gives background material on the existing Canadian Income Security system, including both government-sponsored systems and private sector supplements. The second part is the report from the Canadian Institute of Actuaries' Task Force on Government-Facilitated Retirement Income Plans published March 2010, which provided actuarial input to the Canadian pension reform debate.

Description: This paper discusses the underlying nature of the Social Security program, certain erroneous views of the program, various Advisory Council proposed solutions to the long-range financing problems, and the probability that no solution stands any chance of being enacted. From The Old-Age Crisis - Actuarial Opportunities - The 1996 Bowles Symposium, M-RS99-1.

Description: The article is a tribute to the life of Bob Myers, actuary and life-long contributor to OASDI.

Description: In this article the author chides the authors of the 'SUMMARY OF THE 2010 ANNUAL REPORTS SOCIAL SECURITY AND MEDICARE BOARDS OF TRUSTEES' for presenting biased 'misinformation and disinformation in their Message to the Public, and for their contribution to public ignorance about Social Security and Medicare financing.' He attributes this to the fact that the Boards are devoid of public trustees, and consist solely of partisan political appointees.