Economic analysis (21 - 23 of 23 items)
Recommendations of National Commission on Social Security Reform
120701: Feb 18, 1983
Testimony was given concerning the recommendations of the National Commission on Social Security Reform for resolving the short- and long-range problems of the social security trust funds. The Commission suggested options which it believes will resolve the entire short-term deficit and about two-thirds of the long-term deficit. GAO recognized that, if economic conditions prove to be less favorable...
Implementing GAO's Recommendations on the Social Security Administration's Programs Could Save Billions
HRD-81-37: Published: Dec 31, 1980. Publicly Released: Dec 31, 1980.
Income security programs account for over one-third of the federal budget. The Social Security Administration (SSA) administers some of the largest income security programs, including Old Age, Survivors, and Disability Insurance, Supplemental Security Income (SSI), and Aid to Families with Dependent Children (AFDC). GAO has issued numerous reports recommending changes in SSA income security progra...
The Lump Sum Death Benefit--Should It Be Changed?
HRD-80-87: Published: Aug 8, 1980. Publicly Released: Aug 8, 1980.
Social security has paid more than $6 billion in lump-sum death benefits since 1940, the first year payments were made. The original concept of lump-sum death benefits was to provide a return on the social security contributions of wage earners. However, the concept has been changed to include a modest payment toward the costs associated with death. Various proposals have been made to eliminate, o...