Federal social security programs (61 - 70 of 125 items)
SSA Benefit Estimate Statement: Adding Rate of Return Information May Not Be Appropriate
HEHS-98-228: Published: Sep 2, 1998. Publicly Released: Sep 2, 1998.
Pursuant to a congressional request, GAO reviewed the recent proposal that would require the Social Security Administration (SSA) to place on the Personal Earnings and Benefit Estimate Statements (PEBES) an individualized estimate of the rates of return workers receive on their contributions to the Social Security program, focusing on the: (1) general implications of using a rate of return for soc...
Social Security: Different Approaches for Addressing Program Solvency
HEHS-98-33: Published: Jul 22, 1998. Publicly Released: Aug 21, 1998.
Pursuant to a congressional request, GAO provided information on issues related to social security financing, focusing on: (1) the various perspectives that underlie the current solvency debate; (2) the reform options within the current program structure; (3) the issues that might arise if social security were restructured to include individual retirement accounts; and (4) the likely impacts on na...
Social Security: Restoring Long-Term Solvency Will Require Difficult Choices
T-HEHS-98-95: Published: Feb 10, 1998. Publicly Released: Feb 10, 1998.
Pursuant to a congressional request, GAO discussed the goals of the social security program and the difficult choices that restoring its long-term solvency will require, focusing on: (1) balancing income adequacy and individual equity; (2) determining who bears risks and responsibilities; (3) choosing among various benefit reductions and revenue increases; (4) using pay-as-you-go or advance fundin...
Social Security Reform: Demographic Trends Underlie Long-Term Financing Shortage
T-HEHS-98-43: Published: Nov 20, 1997. Publicly Released: Nov 20, 1997.
GAO discussed: (1) the demographic trends contributing to the social security financing problem; (2) when the problem will begin to confront the federal government; (3) the alternatives for addressing the problem; and (4) the implications of these alternatives.GAO noted that: (1) increasing life expectancy and declining fertility rates pose serious challenges not just for the social security syste...
Consultant's Review of the Social Security Administration's Cost Assignment Methodology
AIMD-98-3R: Published: Oct 1, 1997. Publicly Released: Oct 1, 1997.
GAO provided information on the performance of a study conducted by Price Waterhouse LLP of the Social Security Administration's (SSA) cost assignment methodology used to charge costs to the Medicare Trust Funds. GAO's review was not intended to enable it to express, and it does not express, an opinion on SSA's cost accounting system.GAO noted that: (1) Price Waterhouse reports that, although SSA'...
Income Security Issue Area: Active Assignments
AA-97-11(2): Published: Apr 15, 1997. Publicly Released: Apr 15, 1997.
GAO provided information on its active assignments in the Income Security issue area as of April 15, 1997...
Social Security Reform: Implications for the Financial Well-Being of Women
T-HEHS-97-112: Published: Apr 10, 1997. Publicly Released: Apr 10, 1997.
GAO discussed the impacts of proposals to finance and restructure the Social Security system, specifically the impacts on the financial well-being of women.GAO noted that: (1) its work shows that, despite the provisions of the Social Security Act that do not differentiate between men and women, women tend to receive lower benefits than men; (2) this is due primarily to differences in lifetime earn...
SSA Benefit Statements: Well Received by the Public But Difficult to Comprehend
HEHS-97-19: Published: Dec 5, 1996. Publicly Released: Dec 5, 1996.
Pursuant to a congressional request, GAO reviewed the Social Security Administration's (SSA) overall progress in issuing the Personal Earnings and Benefits Estimate Statement (PEBES), focusing on: (1) whether the PEBES benefit estimates are reasonable; (2) what SSA has done to improve the statement; (3) the extent to which the statement communicates its goals and information clearly; (4) SSA plans...
Social Security Administration: Effective Leadership Needed to Meet Daunting Challenges
HEHS-96-196: Published: Sep 12, 1996. Publicly Released: Sep 12, 1996.
Pursuant to a congressional request, GAO provided information on the Social Security Administration's (SSA): (1) progress in meeting challenges; and (2) status as an independent agency.GAO found that: (1) while SSA is starting to manage for results and improve financial accountability, it has not taken steps to contribute to the public debate on the future financing of the Social Security system;...
SSA Benefit Statements: Statements Are Well Received by the Public but Difficult to Comprehend
T-HEHS-96-210: Published: Sep 12, 1996. Publicly Released: Sep 12, 1996.
GAO discussed the Social Security Administration's (SSA) Personal Earnings and Benefit Estimate Statement (PEBES). GAO noted that: (1) the public has reacted favorably to unsolicited PEBES, and SSA has improved the statement in response to public feedback; (2) the public generally feels that the statement is a valuable tool for retirement planning, but the statement does not clearly convey its pur...