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Book Social Security s Goals and Criteria for Assessing Reforms

Download or read book Social Security s Goals and Criteria for Assessing Reforms written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1999 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book 106 1 Hearing  Social Security s Goals and Criteria for Assessing Reforms  Serial 106 11  March 25  1999

Download or read book 106 1 Hearing Social Security s Goals and Criteria for Assessing Reforms Serial 106 11 March 25 1999 written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1999* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Security s Goals and Criteria for Assessing Reforms

Download or read book Social Security s Goals and Criteria for Assessing Reforms written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1999 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Securitys Goals and Criteria for Assessing Reforms

Download or read book Social Securitys Goals and Criteria for Assessing Reforms written by E. Clay Shaw and published by . This book was released on 1999-12-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses include: David M. Walker, Comptroller General, U.S. General Accounting Office; Stephen C. Goss, Deputy Chief Actuary, Office of the Chief Actuary, U.S. Social Security Administration; Wendell Primus, Center on Budget and Policy Priorities; Dallas L. Salisbury, Employee Benefit Research Institute; and Louis D. Enoff, Enoff Associates, Sykesville, MD. Also, Submissions for the Record: David B. Lowry, Portland, OR, letter; Cynthia Wilson, Retired, Public Employees Association, Inc.; and Richard Weede, Richard Weede Photography, Escondido, CA, letter. Charts and tables.

Book Social Security Reform

Download or read book Social Security Reform written by Barbara D. Bovbjerg (ed) and published by DIANE Publishing. This book was released on 2005-09 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sooner our nation acts to address Social Security's long-term financial challenges, the easier it will be to successfully meet them. The choices are not difficult to understand, but they are difficult to make. They affect both how much Americans pay for Social Security & how much they receive from the program. They require changes that not only will affect us but have implications for future generations. This guide provides answers to questions about the most basic aspects of Social Security & reform issues in a concise & easy-to-understand format. It provides straightforward answers to how Social Security works, why it needs reform, what the basic options are, & how to assess their implications.

Book Developments in Aging

    Book Details:
  • Author : United States. Congress. Senate. Special Committee on Aging
  • Publisher :
  • Release : 2002
  • ISBN :
  • Pages : 776 pages

Download or read book Developments in Aging written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Security

    Book Details:
  • Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security
  • Publisher :
  • Release : 1999
  • ISBN :
  • Pages : 22 pages

Download or read book Social Security written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1999 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Security   criteria for evaluating Social Security reform proposals

Download or read book Social Security criteria for evaluating Social Security reform proposals written by U.S. General Accounting Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-13 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: T-HEHS-99-94 Social Security: Criteria for Evaluating Social Security Reform Proposals

Book Monthly Catalogue  United States Public Documents

Download or read book Monthly Catalogue United States Public Documents written by and published by . This book was released on 1978 with total page 1326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Security Reform

Download or read book Social Security Reform written by Dawn Nuschler and published by Createspace Independent Pub. This book was released on 2013-01-04 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security reform has been an area of interest to policymakers for many years. In 2011, Social Security program changes were discussed during negotiations on legislation to increase the federal debt limit and reduce federal budget deficits. In August 2011, the Budget Control Act of 2011 (P.L. 112-25) established a Joint Select Committee on Deficit Reduction tasked with recommending ways to reduce the deficit by at least $1.5 trillion over the fiscal year period 2012 to 2021. Social Security program changes were among the measures discussed by the Joint Committee. The Joint Committee, however, did not reach agreement on a legislative proposal by the November 23, 2011, statutory deadline. Currently, Social Security program changes may be considered as part of a deficit reduction package under negotiation by policymakers. The spectrum of ideas for reform ranges from relatively minor changes to the pay-as-you-go social insurance system enacted in the 1930s to a redesigned, “modernized” program based on personal savings and investments modeled after IRAs and 401(k)s. Proponents of the fundamentally different approaches to reform cite varying policy objectives that go beyond simply restoring long-term financial stability to the Social Security system. They cite objectives that focus on improving the adequacy and equity of benefits, as well as those that reflect different philosophical views about the role of the Social Security program and the federal government in providing retirement income. However, the system's projected long-range financial outlook provides a backdrop for much of the Social Security reform debate in terms of the timing and degree of recommended program changes. On April 23, 2012, the Social Security Board of Trustees released it latest projections showing that the trust funds will be exhausted in 2033 and that an estimated 75% of scheduled annual benefits will be payable with incoming receipts at that time (under the intermediate projections). The primary reason is demographics. Between 2010 and 2030, the number of people aged 65 and older is projected to increase by 77%, while the number of workers supporting the system is projected to increase by 7%. In addition, the trustees project that the system will run a cash flow deficit in each year of the 75-year projection period. When current Social Security tax revenues are insufficient to pay benefits and administrative costs, federal securities held by the trust funds are redeemed and Treasury makes up the difference with other receipts. When there are no surplus governmental receipts, policymakers have three options: raise taxes or other income, reduce other spending, or borrow from the public (or a combination of these options). Public opinion polls show that less than 50% of respondents are confident that Social Security can meet its long-term commitments. There is also a public perception that Social Security may not be as good a value for future retirees. These concerns, and a belief that the nation must increase national savings, have led to proposals to redesign the system. At the same time, others suggest that the system's financial outlook is not a “crisis” in need of immediate action. Supporters of the current program structure point out that the trust funds are projected to have a positive balance until 2033 and that the program continues to have public support and could be affected adversely by the risk associated with some of the reform ideas. They contend that only modest changes are needed to restore long-range solvency to the Social Security system. During the 111th Congress, four Social Security reform measures were introduced. None of the measures received congressional action. In the 112th Congress, several Social Security reform measures have been introduced; none have received congressional action.

Book The Distributional Aspects of Social Security and Social Security Reform

Download or read book The Distributional Aspects of Social Security and Social Security Reform written by Martin Feldstein and published by University of Chicago Press. This book was released on 2002-06-15 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social security is the largest and perhaps the most popular program run by the federal government. Given the projected increase in both individual life expectancy and sheer number of retirees, however, the current system faces an eventual overload. Alternative proposals have emerged, ranging from reductions in future benefits to a rise in taxrevenue to various forms of investment-based personal retirement accounts. As this volume suggests, the distributional consequences of these proposals are substantially different and may disproportionately affect those groups who depend on social security to avoid poverty in old age. Together, these studies persuasively show that appropriately designed investment-based social security reforms can effectively reduce the long-term burden of an aging society on future taxpayers, increase the expected future income of retirees, and mitigate poverty rates among the elderly.

Book The Reform of Social Security

Download or read book The Reform of Social Security written by A. W. Dilnot and published by Oxford University Press, USA. This book was released on 1984 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of reforms needed in the welfare state social security system of the UK - suggests an integrated approach comprising tax reform, administrative reform and other social policy measures to improve social protection for low income groups, one parent families, retired workers, the unemployed, etc.. Bibliography and graphs.

Book Understanding SSI  Supplemental Security Income

Download or read book Understanding SSI Supplemental Security Income written by and published by DIANE Publishing. This book was released on 1998-03 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication informs advocates & others in interested agencies & organizations about supplemental security income (SSI) eligibility requirements & processes. It will assist you in helping people apply for, establish eligibility for, & continue to receive SSI benefits for as long as they remain eligible. This publication can also be used as a training manual & as a reference tool. Discusses those who are blind or disabled, living arrangements, overpayments, the appeals process, application process, eligibility requirements, SSI resources, documents you will need when you apply, work incentives, & much more.

Book Social Security Reform

Download or read book Social Security Reform written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Dynamic Model of Retirement and Social Security Reform Expectations

Download or read book A Dynamic Model of Retirement and Social Security Reform Expectations written by Hugo Benitez-Silva and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for Social Security Reform in the next years is hardly a matter of debate. Therefore, the widespread believe among Americans that Social Security will not be able to pay benefits in the long run at the level that was anticipated, does not come as a surprise. The government acknowledges the situation, and predicts that substantial benefits cuts will be necessary, yet no legislation has been passed to tackle the problem. Researchers, however, have rarely modeled the uncertainty over Social Security reform and benefit levels, and how they affect claiming behavior and retirement. The purpose of this paper is to assess the extent to which these perceptions of future cuts might explain the puzzle of earlier take-up despite bigger penalties to doing so in the presence of increasing longevity. By introducing a small amount of uncertainty (based on self-reported responses to questions regarding expectations over future cuts) of a relatively small cut (compared with what the government reports as necessary to solve the crisis) in a dynamic life-cycle model of retirement, we are able to match the claiming behavior observed in the data, without relying on heterogeneous preferences. Our results support the hypothesis that expectations over future benefits are affecting current behavior. We find that a mis-specified dynamic retirement model would erroneously predict that an increase in the NRA would delay claiming behavior and increase labor supply at older ages. Once the appropriate earnings test incentives are modeled, and we account for the probability of reforms to the system, an increase in the NRA has little effect on claiming behavior, and it can even increase the proportion of individuals claiming before the NRA.

Book Rulings

    Book Details:
  • Author : United States. Social Security Administration
  • Publisher :
  • Release : 1984
  • ISBN :
  • Pages : 128 pages

Download or read book Rulings written by United States. Social Security Administration and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social security rulings on federal old-age, survivors, disability, and supplemental security income; and black lung benefits.