Social security benefits (1 - 10 of 101 items) in Custom Date Range
Social Security: Societal Changes Add Challenges to Program Protections
GAO-05-706T: Published: May 17, 2005. Publicly Released: May 17, 2005.
Before Social Security was enacted in 1935, at least half of those 65 and older in the United States were financially dependent upon others, including family members and public assistance. Today, the elderly's dependency on public assistance has dropped to a fraction of its depression-era levels, and poverty rates among this group are now lower than for the population as a whole. However, Social S...
Social Security Reform: Answers to Key Questions
GAO-05-193SP: Published: May 2, 2005. Publicly Released: May 2, 2005.
The sooner our nation acts to address Social Security's long-term financial challenges, the easier it will be to successfully meet them. Once explained, the choices we face are not difficult to understand, but they are difficult to make. They affect both how much Americans pay for Social Security and how much they receive from the program. They require changes that not only will affect us but have...
Social Security: Long-Term Challenges Warrant Early Action
GAO-05-303T: Published: Feb 3, 2005. Publicly Released: Feb 3, 2005.
Social Security is the foundation of the nation's retirement income system, helping to protect the vast majority of American workers and their families from poverty in old age. However, it is much more than a retirement program and also provides millions of Americans with disability insurance and survivors' benefits. Over the long term, as the baby boom generation retires and as Americans continue...
Social Security: Reform Proposals Could Have a Variety of Effects on Distribution of Benefits and Payroll Taxes
GAO-04-872T: Published: Jun 15, 2004. Publicly Released: Jun 15, 2004.
Under the current Social Security benefit formula, retired workers can receive benefits at age 65 that equal about 50 percent of preretirement earnings for an illustrative low-wage worker but only about 30 percent for an illustrative high-wage worker. Factors other than earnings also influence the distribution of benefits, including the program's provisions for disabled workers, spouses, children,...
Supplemental Security Income: Status of Efforts to Improve Overpayment Detection and Recovery
GAO-02-962T: Published: Jul 25, 2002. Publicly Released: Jul 25, 2002.
As the nation's largest cash assistance program for the poor, the Supplemental Security Income (SSI) program SSI provided $33 billion in benefits to 6.8 million aged, blind, and disabled persons last year. In 2001, the outstanding SSI debt and newly detected overpayments totaled $4.7 billion. To deter and detect overpayments, the agency obtained legislative authority to use additional tools to ver...
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: Potential Effects on SSA's Disability Programs and Beneficiaries
GAO-01-35: Published: Jan 24, 2001. Publicly Released: Feb 7, 2001.
There has been little analysis of how the various Social Security reform proposals might affect the Social Security Disability Insurance (DI) program. This report assesses the potential impact of these proposals on the solvency of the DI trust fund. GAO found that most disabled beneficiaries would receive higher benefits under the various Social Security reform proposals it reviewed than under a s...
Social Security Administration: Longstanding Problems in SSA's Letters to the Public Need to Be Fixed
HEHS-00-179: Published: Sep 26, 2000. Publicly Released: Sep 26, 2000.
Pursuant to a congressional request, GAO assessed the equality of the Social Security Administration's (SSA) letters to the public, focusing on the: (1) problems that make SSA's letters difficult to understand; and (2) status of SSA's actions to fix the problems.GAO noted that: (1) the majority of letters in each of the four categories GAO reviewed did not clearly communicate at least one of the f...
Social Security Administration: SSA's Letters to the Public Remain Difficult to Understand
T-HEHS-00-205: Published: Sep 26, 2000. Publicly Released: Sep 26, 2000.
Pursuant to a congressional request, GAO discussed the letters the Social Security Administration (SSA) sends to the public, focusing on: (1) awarding Social Security benefits; (2) adjusting Social Security benefits; (3) awarding Supplemental Security Income (SSI) Program, benefits; and (4) adjusting SSI benefits.GAO noted that: (1) GAO's work showed that the majority of letters in each of the fou...
Supplemental Security Income: Incentive Payments Have Reduced Benefit Overpayments to Prisoners
HEHS-00-2: Published: Nov 22, 1999. Publicly Released: Nov 22, 1999.
Pursuant to a congressional request, GAO provided information on the impact incentive payment legislation for correctional facilities had on the Social Security Administration's (SSA) Supplemental Security Income (SSI) program, focusing on: (1) how many correctional facilities signed incentive payment agreements, how many benefit suspensions did SSA make, and what amount of overpayments did SSA id...