The 2021 Annual Report of the Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance (OASDI) Trust Funds presents information regarding the financial status of the U.S. Social Security system. At the end of 2020, the OASDI program…
The United States Social Security system is expected to release its 2021 Annual Trustees Report shortly. It is widely anticipated that the report will indicate the effects of the Covid-19 pandemic on the system’s short-range and long-range financial condition and…
The World Economic Forum (WEF) adopted The Great Reset as the theme of its 50th annual meeting held in Davos, Switzerland in June 2020. This theme was also adopted for the 2021 WEF annual meeting. These WEF meetings provided opportunities…
In the United States, some of the nation’s most important social and economic programs are financed through dedicated revenue sources and are managed with supporting trust funds. Maintaining the solvency and sustainability of these programs requires the provision of adequate…
John Maynard Keynes expressed the view that a civil society should combine economic efficiency, social justice and individual liberty. Society today is full of promise and opportunity as world leaders consider the future direction of social and economic policy in…
The quest for diversity and inclusion gained worldwide attention when delegates from 186 countries and representatives from 811 non-governmental organizations participated in The Copenhagen World Summit for Social Development that was held in 1995. The Copenhagen Declaration and Programme of…
During the period 1945-70, a team of professional actuaries, statisticians and medical doctors undertook pioneering research and development work at London Transport’s headquarters in the iconic 55 Broadway, Westminster building. This team comprised nine individuals who worked at London Transport…
The International Labour Organization (ILO) has issued a recent Working Paper Financing Gaps in Social Protection: Global Estimates and Strategies for Developing Countries in Light of the COVID-19 Crisis and Beyond. The paper covers 134 developing countries that were included…
The Office of the Chief Actuary for the US Social Security system has released an information note that provides an updated baseline for the actuarial status of the OASDI trust funds, reflecting the estimated effects of the covid-19 pandemic and…
Sir Stafford Cripps was one of the distinguished Labour Party politicians of Britain’s post WW2 era alongside Attlee, Bevin, Morrison, and Dalton. Cripps was appointed President of the Board of Trade by Prime Minister Attlee in 1945, and was subsequently…