Howard Young will be one of eight honorees at the National Academy of Social Insurance’s 30th Anniversary Celebration on June 7, 2017. Over the course of his career, Young used his expertise in actuarial science and economics to support social insurance initiatives and programs that would strengthen the American workforce.
“Howard Young was focused on structuring Member invitations to achieve political balance, which the Academy is still careful to maintain,” said CEO of the Academy William Arnone. “Howard also advocated an awards program directed at those who were starting out in the social insurance field, as well as developing a list of recommended books on social insurance to guide public and university libraries in building their collections.”
After receiving a Bachelor of Science in Mathematics at the City College of New York, Young was an Army infantry officer in Korea. Returning to the United States, he resumed his career at Metropolitan Life Insurance, and subsequently became a Fellow of the Society of Actuaries. During a mid-life sabbatical, he earned a Masters in Economics at the University of Michigan.
In 1960, he began working for the United Automobile Workers (UAW) union. He initially served as the union’s Actuarial Consultant before being promoted to the role of Director of the Social Security Department. Later, he served as the Special Consultant to the President of UAW. In this role, he helped UAW shape its policies on social programs and economic programs for workers and collective bargaining. He also facilitated a number of important analytics for UAW including the impact of international trade on the automobile industry and the impact of changes to technology on workers. Young played a key role developing ERISA and PBGC, as well as encouraging the implementation of federal policy on automobile standards and energy.
Besides working on behalf of the UAW, Young was a member of the Pension Research Council and an Adjunct Professor of Mathematics at the University of Michigan, Ann Arbor. He co-edited the publication Social Security: What Role for the Future? with Peter A. Diamond and David C. Lindeman (Brookings Institution Press, 1996), which was featured at the Academy’s Seventh Conference. Howard Young was also co-editor of Prospects for Social Security Reform with Olivia S. Mitchell and Robert J. Myers (University of Pennsylvania Press, 1999).
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