The Social Security Committee released an issue paper, Social Security and Financially Disadvantaged Groups, focusing on how benefits received by different groups are shaped by features of the program interacting with circumstances and trends associated with members of financially disadvantaged groups. The paper also discusses various reform proposals and how they might affect members of certain groups.
()Social Security’s combined trust fund reserves are projected to become depleted around 2034,1 at which time its income would be able to pay only 80% of the benefits scheduled for its 80 million beneficiaries. It is important that Congress immediately focus on this issue because delay makes the solution more difficult, as it gradually limits the viable options to those relying on increasing taxes.
()The Social Security Committee released an issue brief, Assumptions Used to Evaluate Social Security’s Financial Condition. The issue brief describes the assumptions that must be made in any actuarial projection of the Social Security program’s finances and explains how variations in the assumption values affect the projections.
()Social Security Committee one-pager on the 2023 Annual Report Of The Board Of Trustees Of The Federal Old-Age And Survivors Insurance And Federal Disability Insurance Trust Funds.
()Social Security Committee open letter to Congress introducing the Social Security Challenge, an interactive reform simulation to support the public dialogue on Social Security solvency.
()The Academy's Social Security Committee released an issue brief that explores a wide variety of proposals made over the years for changing the formulas for determining benefits by members of Congress, government-appointed panels and commissions, and outside experts, with an eye toward how the proposed changes would affect the balance between individual equity and social adequacy.
()The Academy's Social Security Committee released an issue brief that explores a wide variety of proposals made over the years for increasing the system’s revenue by members of Congress, government-appointed panels and commissions, and outside experts.
()The Academy's Social Security Committee has released a one-pager to accompany its issue brief on the 2022 Social Security Trustees Report examining the latest detailed annual assessment by the federal government of the program’s solvency.
()Social Security Committee issue brief on 2022 Social Security Trustees Report examining the latest detailed annual assessment by the federal government of the program’s solvency.
()Social Security Committee issue brief examining the potential effects of increasing the Social Security normal retirement age.
()Social Security Committee issue brief examining COVID-19 implications reflected in the annual Trustees Reports from 2020 and 2021.
()Social Security Committee issue brief on 2021 Social Security Trustees Report examining the latest detailed annual assessment by the federal government of the program’s solvency.
()The Academy’s Essential Elements paper, Securing Social Security, updates figures and information on the financial outlook of Social Security following the release of the 2021 Social Security Trustees report. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences.
()The Social Security Committee released a monograph titled, Individual Equity and Social Adequacy in the U.S. Social Security System. The monograph was written to provide public policymakers with an analysis of three sample proposals to address Social Security reform.
()The Social Security Committee's issue brief on Social Security reform proposals. This issue brief compares three proposals for reforming Social Security using the Individual Equity and Social Adequacy principles.
()Social Security Committee issue brief discussing how immigration relates to Social Security’s finances.
()Social Security Committee issue brief on assumptions used to evaluate Social Security’s financial condition.
()Social Security Committee issue brief on 2020 Social Security Trustees Report examining the program’s long-term solvency issues and pointing out that Congress should act soon to improve the long-term financial outlook of the program.
()Social Security Committee issue brief on 2019 Social Security Trustees Report examining the program’s long-term solvency issues and recommending that Congress should act soon to improve the long-term financial outlook of the program.
()Lifetime Income Risk Joint Committee, Retirement System Assessment and Policy Committee (RSAP) and Social Security Committee comment letter to the Bipartisan Policy Center on the 2016 Report of the Commission on Retirement Security and Personal Savings.
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