Listen in to this podcast which includes excerpts from a presentation at the 2012 SOA Annual Meeting by Stephen (Steve) Goss, the Chief Actuary of the Social Security Administration, and Frank Todisco, the Chief Actuary of the Government Accountability Office. In this presentation, Steve and Frank review the actuarial status of the Social Security program, some of the reasons changes will be required, and the expected impact of various potential changes that could be made. This is the first of three episodes from this presentation.