Trust funds (11 - 20 of 34 items)
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 for Private Pensions
HEHS-00-187: Published: Sep 14, 2000. Publicly Released: Sep 14, 2000.
Pursuant to a congressional request, GAO provided information on the interactions between Social Security and private pensions, focusing on the: (1) primary linkages between Social Security and private pensions and the way they interact to provide retirement income for workers and families; (2) effects of traditional Social Security reforms on the structure of employer-sponsored pension plans thro...
Social Security Reform: Information on the Archer-Shaw Proposal
AIMD/HEHS-00-56: Published: Jan 19, 2000. Publicly Released: Feb 4, 2000.
Pursuant to a congressional request, GAO provided information on the Archer-Shaw Social Security reform proposal, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how it would affect the U.S. economy and the federal budget; (2) the balance struck between the twin goals of income adequacy (level and certainty of benefits) and individual equity (rates of return on...
Social Security: Actuarial Projections of the Trust Funds
AIMD-00-53R: Published: Jan 14, 2000. Publicly Released: Jan 14, 2000.
Pursuant to a congressional request, GAO reviewed the Pricewaterhouse Coopers (PwC) report on the actuarial projections for the trust funds of the Old Age, Survivors, and Disability Insurance programs, focusing on whether the Social Security Administration's (SSA) Board of Trustees': (1) 1999 long-range intermediate actuarial projections--their best estimates--as presented in the Trustees' 1999 re...
Social Security: The President's Proposal
T-HEHS/AIMD-00-43: Published: Nov 9, 1999. Publicly Released: Nov 9, 1999.
Pursuant to a congressional request, GAO discussed the President's proposal for Social Security financing, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how the proposal would affect the economy and the federal budget; (2) whether the proposal balances individual equity and income adequacy; and (3) how readily changes could be implemented, administered, and ex...
Social Security: Evaluating Reform Proposals
AIMD/HEHS-00-29: Published: Nov 4, 1999. Publicly Released: Nov 5, 1999.
Pursuant to a congressional request, GAO analyzed the potential budgetary and economic effects of several Social Security reform proposals.GAO noted that: (1) GAO's assessments of the reform proposals are based on the analytic framework GAO provided to Congress last March; (2) that framework consists of three basic criteria: (a) the extent to which the proposal achieves sustainable solvency and ho...
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 Retirement Accounts
HEHS-94-226R: Published: Aug 12, 1994. Publicly Released: Sep 12, 1994.
Pursuant to a congressional request, GAO reviewed proposed legislation to create a system of individual Social Security retirement accounts (ISSRA), focusing on the: (1) implications of H.R. 306 on the retirement income of individuals; and (2) key differences between H.R. 306 and the 1990 proposal. GAO noted that: (1) ISSRA could be integrated with the Social Security benefit structure and, given...
Social Security: Trust Funds Can Be More Accurately Funded
HEHS-94-48: Published: Sep 2, 1994. Publicly Released: Sep 2, 1994.
Pursuant to a congressional request, GAO reviewed the effect of unreported tax-exempt income on the taxation of social security benefits, focusing on: (1) additional compliance measures that would improve the Internal Revenue Service's (IRS) ability to assess and collect social security benefit taxes; and (2) how the Department of the Treasury and IRS determine the amount of revenue owed to social...
Comments on the Social Security Notch Issue
T-HRD-92-46: Published: Jul 23, 1992. Publicly Released: Jul 23, 1992.
GAO discussed its: (1) work on the "notch" disparity in Social Security benefits; and (2) belief that Congress made the right decision in not advancing notch legislation. GAO noted that: (1) other studies have confirmed and supported its original analysis and findings; (2) the notch group is not worse off compared to other beneficiaries; (3) the notch is an artifact of the corrected wage-indexed f...