By Eric Klieber
Created in 1935, in the depths of the Great Depression, Social Security (officially the Old Age, Survivors and Disability Insurance System) was initially motivated primarily by a desire to provide economic relief for those deemed unable to work due to old age and thus unable to benefit from the new Unemployment Insurance program or from New Deal programs providing jobs for the unemployed, such as the Works Progress Administration and Civilian Conservation Corps.
By Eric P. Harding
Astute readers (are there any others for Contingencies?) will recall January/February’s Inside Track, “A Magazine for the Whole Profession,” in which my New Year’s resolution was to make your magazine feature more diverse voices for an increasingly diverse actuarial profession—with more voices that aim to represent the profession as a whole, both as it exists now and as we hope it will exist in the future.
By Albert J. Beer
Based upon issues that the Actuarial Board for Counseling and Discipline have regularly encountered, this article highlights three “myths” that are commonly (and erroneously!) associated with actuarial professionalism.