Beneficiaries (61 - 64 of 64 items)
Minimum Social Security Benefit: A Windfall That Should Be Eliminated
HRD-80-29: Published: Dec 10, 1979. Publicly Released: Dec 10, 1979.
The minimum benefit provision of the Social Security Act, intended to help the poor, has in recent years mainly benefited retired government workers with pensions and homemakers supported by their spouses' incomes. The provision grants a much higher benefit than individuals have earned and would otherwise receive. The need for the minimum benefit was greatly reduced in 1974 with the implementation...
The Earnings Test for Social Security Beneficiaries
HRD-79-89: Published: Jul 2, 1979. Publicly Released: Jul 2, 1979.
An analysis was made of the procedures used by the Social Security Administration (SSA) in adjusting the benefits of persons who earn more than the allowable amount. The benefits of persons under age 72 must be reduced if they work and have earnings that exceed an annual exempt amount. For beneficiaries age 65 and over, the 1978 exempt amount was set at $4,000, but this will increase by $500 each...
GAO Recommendations for Improving the Management of Social Security Administration Programs
109035: Apr 9, 1979
A review was conducted of the efficient use of public funds and the identification of weaknesses and improvements needed in the administration of social security programs. Audit activities at the Social Security Administration indicate millions of dollars have and continue to be misspent and overall accurate figures are not available. Social Security recently established an Office of Payment Eligi...
Potential Savings to the Social Security Administration of Rounding Benefits Payments to the Nearest Penny
HRD-78-160: Published: Sep 8, 1978. Publicly Released: Sep 8, 1978.
There is a potential for significant savings to the social security system if benefits were calculated to the nearest penny rather than rounded up to the next highest dime as required by law. An estimated savings of $386 million would accrue to the Retirement and Survivors Insurance Program from calendar years 1980 through 1986 if section 215(g) of the Social Security Act were amended to provide t...