The Social Security 2100 Act, which was previously discussed in the August 2014 edition of Commentary, has been modified and updated. This proposed legislation would strengthen the United States Social Security system, known as Old-Age, Survivors and Disability Insurance (OASDI),…
The 2019 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. The Board of Trustees is composed of six…
This edition of Commentary represents a continuation of the series on the topic of the United Nations Sustainable Development Goals. Three previous editions of Commentary, published in December 2017, January 2018 and February 2018, presented a concise overview of the…
The United Nations Millennium Development Goals (MDGs) were in effect until 2015 when they were superseded by a revised and expanded set of Sustainable Development Goals (SDGs) that provide a framework for the UN post-2015 Development Agenda. Together, the MDGs…
The July edition of Commentary presented the main results from the 2018 Annual Report of the Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance (OASDI) Trust Funds regarding the financial status of the U.S. Social Security system.…
The 2018 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. The Board of Trustees is composed of six…
An authoritative and timely paper, prepared by the world’s leading expert actuaries on Social Security finance, is now available through the International Actuarial Association (IAA). This important paper, Measuring and Reporting Actuarial Obligations of Social Security Systems, was developed by…
The July 2017 edition of Commentary described the system of parametric adjustments to the United States Social Security system, indicating how certain features of the benefit structure are subject to periodic adjustments that are typically tied to inflation, as measured…
In the early nineteen-eighties, the United States Social Security trust fund had a near-death experience as the size of the reserve fund assets declined to almost zero. This degringolade necessitated remedial action, resulting in the appointment of the Greenspan Commission…
October is the month for the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington. Central bankers, finance ministers, private sector executives, representatives from civil society organizations, and academics meet to discuss issues of global…