Federal social security programs (71 - 80 of 83 items)
Social Security: Analysis of a Proposal to Privatize Trust Fund Reserves
HRD-91-22: Published: Dec 12, 1990. Publicly Released: Jan 11, 1991.
Pursuant to a congressional request, GAO reviewed a congressional proposal to create a new system of Individual Social Security Retirement Accounts (ISSRA), in which workers could place accumulated social security reserves for private-sector investment.GAO found that: (1) the proposal's effect on national saving was unclear; (2) ISSRA could be integrated with the existing progressive benefit struc...
The Question of Rolling Back the Payroll Tax: Unmasking the Deficit Illusion
T-HRD-90-10: Published: Feb 5, 1990. Publicly Released: Feb 5, 1990.
GAO discussed a congressional proposal to decrease the Social Security payroll tax. GAO noted that: (1) the use of Social Security surpluses to decrease the federal budget deficit masks the fundamental budget deficit problem and encourages avoidance of difficult fiscal choices needed to reduce the general fund deficit; (2) the congressional proposal would not decrease Social Security benefits; (3)...
Social Security: Leadership Structure for an Independent Social Security Administration
HRD-89-154: Published: Sep 13, 1989. Publicly Released: Sep 13, 1989.
Pursuant to a congressional request, GAO discussed the use of boards to direct the operations of federal agencies, focusing on the appropriate management structure for the Social Security Administration (SSA) as an independent agency.GAO found that: (1) the board form of organization did not prove effective in providing stable leadership, insulating decisions from political pressures, or ensuring...
Federal Workforce: Effects of Public Pension Offset on Social Security Benefits of Federal Retirees
GGD-88-73: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
Pursuant to a congressional request, GAO examined the impact of the Social Security Act's public pension offset provisions on federal retirees.GAO found that, of 104,608 federal, state, and local government retirees with benefits subject to the offset provision: (1) 74 percent were men; (2) 92 percent had their spousal or survivor benefits totally offset; and (3) 69,061 were federal retirees, of w...
Social Security Funds: Additional Measures Could More Fully Indicate the System's Financial Condition
PEMD-88-11: Published: Feb 5, 1988. Publicly Released: Feb 5, 1988.
GAO developed actuarial measures that the Social Security Administration (SSA) could use to document the financial condition of the combined Old-Age Survivors and Disability Insurance (OASDI) Trust Fund.GAO found that: (1) the 1987 SSA trustees' report to Congress indicated that the OASDI Trust Fund was in close actuarial balance, since expenditures were within 5 percent of income averaged over th...
Improving the Quality of Social Security Administration Notices
HRD-85-96: Published: Aug 29, 1985. Publicly Released: Aug 29, 1985.
GAO reviewed the Social Security Administration's (SSA) Clear Notices Project to determine whether: (1) improved notices are likely to result from the effort; and (2) more could be done to help produce clear notices.GAO found that 5 of the 12 initiatives of the project, which was established in April 1984 and is scheduled to end September 30, 1986, have been completed. The completed initiatives in...
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...
Revising Social Security Benefit Formula Which Favors Short-Term Workers Could Save Billions
HRD-81-53: Published: Apr 14, 1981. Publicly Released: Apr 14, 1981.
Short-term workers have contributed a relatively small amount of social security tax because they have had little work in covered employment. However, they receive a higher return on their contribution than the average wage earner because of the benefit formula used to attain the program's social adequacy objectives. This advantage is created by spreading the worker's covered earnings over a lifet...
Reissuing Tamper-Resistant Cards Will Not Eliminate Misuse of Social Security Numbers
HRD-81-20: Published: Dec 23, 1980. Publicly Released: Jan 5, 1981.
The social security number (SSN) has become a widespread means of identification in the United States. As its use as an identifier has grown, so has the opportunity for its misuse, often to fraudulently obtain employment or monetary benefits. GAO reported on whether there is a need for redesigning and reissuing tamper-resistant social security cards to prevent misuse of the card, and the appropria...
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...