Disability benefits (11 - 20 of 40 items)
Social Security Reform: Analysis of a Trust Fund Exhaustion Scenario Illustrates the Difficult Choices and the Need for Early Action
GAO-03-1038T: Published: Jul 29, 2003. Publicly Released: Jul 29, 2003.
Social Security is an important social insurance program affecting virtually every American family. It is the foundation of the nation's retirement income system and also provides millions of Americans with disability insurance and survivors' benefits. Over the long term, as the baby boom generation retires, Social Security's financing shortfall presents a major program solvency and sustainability...
Military and Veterans' Benefits: Observations on the Concurrent Receipt of Military Retirement and VA Disability Compensation
GAO-03-575T: Published: Mar 27, 2003. Publicly Released: Mar 27, 2003.
Because pending legislation would modify current law, which requires that military retirement pay be reduced by the amount of VA disability compensation benefit received, the Subcommittee on Personnel, Senate Committee on Armed Services asked GAO to discuss the treatment of concurrent benefit receipt in other programs. GAO was also asked to discuss its broader work on federal disability programs.T...
Social Security Trust Funds Actuarial Estimates: Internal Control over Projection Process Needs Improvement
GAO-03-246R: Published: Mar 4, 2003. Publicly Released: Mar 4, 2003.
The combined Federal Old-Age, Survivors and Disability Insurance (OASDI) programs, commonly referred to as Social Security, provide protection against loss of earnings due to retirement, death, or disability. During calendar year 2001, the most recent year for which complete data were available at the time of our review, about 46 million people, including 91 percent of Americans age 65 or older, r...
Social Security: Issues in Evaluating Reform Proposals
GAO-02-288T: Published: Dec 10, 2001. Publicly Released: Dec 10, 2001.
This testimony discusses the long-term viability of the Social Security program. Social Security's Trust Funds will not be exhausted until 2038, but the trustees now project that the program's cash demands on the rest of the federal government will begin much sooner. Aiming for sustainable solvency would increase the chance that future policymakers would not have to face these difficult questions...
Social Security Reform: Implications of Raising the Retirement Age
HEHS-99-112: Published: Aug 27, 1999. Publicly Released: Aug 27, 1999.
Pursuant to a congressional request, GAO provided information on the potential costs and benefits associated with higher retirement ages, focusing on: (1) Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds and the Supplemental Security Income (SSI) program; (2) the labor market for older workers; and (3) vulnerable population groups such as blue-collar workers and min...
Social Security Reform: Experience of the Alternate Plans in Texas
HEHS-99-31: Published: Feb 26, 1999. Publicly Released: Feb 26, 1999.
Pursuant to a congressional request, GAO provided information on three Texas counties' employee retirement plans, known as Alternate Plans, focusing on: (1) comparing the principal features and benefits of these plans with those of social security; and (2) simulating the retirement, survivor, and disability benefits that individuals in varying circumstances might receive under the Alternate Plans...
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...
Income Security Issue Area: Active Assignments
AA-98-11(3): Published: Aug 1, 1998. Publicly Released: Aug 1, 1998.
GAO provided information on its active assignments in the Income Security issue area as of August 17, 1998...
Social Security Reform: Raising Retirement Ages Improves Program Solvency but May Cause Hardship for Some
T-HEHS-98-207: Published: Jul 15, 1998. Publicly Released: Jul 15, 1998.
Pursuant to a congressional request, GAO discussed raising the retirement age for social security benefits, focusing on: (1) how raising the retirement ages could affect social security's long-term solvency and the U.S. economy; (2) how the labor market for older workers might respond to these changes; and (3) the possible impacts from raising the retirement ages on the Disability Insurance (DI) a...
Federal Employees' Compensation Act: Issues Associated With Changing Benefits for Older Beneficiaries
GGD-96-138BR: Published: Aug 14, 1996. Publicly Released: Aug 14, 1996.
Pursuant to a congressional request, GAO reviewed issues related to possible changes to the Federal Employees' Compensation Act (FECA), focusing on: (1) a profile of long-term FECA beneficiaries; (2) supporting and opposing views on changing FECA benefits for retirement-age beneficiaries; and (3) issues for congressional consideration in revising FECA benefits.GAO found that: (1) in June 1995, per...