Financial Status Update of Social Security and Medicare

Raymond D. Berry, ASA, EA, MAAA, MSPA

As an actuary, do you get asked questions about Social Security and Medicare, including the financial status of these programs? This session will provide a summary of the financial status of each program. Proposals for reform will also be discussed. Actuaries are able to provide additional insight into proposals and aid both the public and policymakers in understanding the status of the programs and the potential impact of proposals.

Ray Berry has over 25 years of experience in the design, funding, administration, and termination of all types of retirement plans. His focus has been on actuarial consulting and the financial reporting and accounting of employee benefit plans. Ray has spoken on retirement and welfare plan issues at various professional conferences.

Ray is an Associate of the Society of Actuaries (ASA), a Member, American Academy of Actuaries (MAAA), a Member, American Society of Pension Professionals and Actuaries (MSPA), and an Enrolled Actuary under ERISA (EA).

Ray is a consulting actuary with Grant Thornton LLP with a focus on accounting disclosures for retirement plans and retiree medical plans.

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