PPT-The Future of Social Security

Peter Diamond 19 th Annual Meeting of the Retirement Research Consortium August 3 2017 OASDI Income Cost and Expenditures as Percentages of Taxable Payroll Under Intermediate Assumptions. Many other businesses such as banks and credit companies also ask for your number If you are a noncitizen living in the United States you also may need a Social Security number For more information see Social Security Numbers For Noncitizens Publica Vic Van . Vuuren. Director . ILO . Southern . And Eastern Africa. Namibian Social Protection Conference - 2015. The . ILO’s. Mandate in Social Security. Declaration of . Philadelphia . (. 1944):. Pensions. What . You and Your Members Need to . Know. MACRS, August 25, 2015. Middlesex . County Retirement . System. What Board Administrators Need to Know. The “basics” of Social Security. • . Strategic Summary . Social Security benefit cuts = bad policy and bad politics.. Democrats have lost the advantage on the Social Security issue with voters. . . Over the last 15 years the Democratic advantage on which party will better handle Social Security has typically been 20 points or more. That lead has evaporated.. Presented by: Chris . Kerbawy. Staff Attorney at Legal Action of Wisconsin. Brief History of Social Security. (excerpted from “Historical Background And Development Of Social Security”, . www.ssa.gov/history/briefhistory3.html. Social Security is the foundation for a . secure retirement, but . you will also need . other savings and investments. If you want to . learn more about how and why to save, . visit . www.mymoney.gov. Erzo F. P. Luttmer. Andrew A. Samwick. Dartmouth College and NBER. March 2017. Motivating Question. Future government policy is subject to uncertainty. How costly is this uncertainty?. When does policy uncertainty matter most?. 1935 – Retirement Insurance. 1939 – Survivors Insurance. 1956 – Disability Insurance. History of . Social . Security Programs. Other Programs. 1965 – Medicare Program. 1972 – Supplemental Security Income . 1935 – Retirement Insurance. 1939 – Survivors Insurance. 1956 – Disability Insurance. History of . Social . Security Programs. Social Security is the foundation for a . secure retirement, but you also will need . Today’s. Beneficiaries. Today’s Workers. & . Employers. Who Pays for Social Security?. The Number of Workers . per Beneficiary is Decreasing. . 5 – 1960. 3 – . 2015. 2 . – . 2035. In 2010, Social Security Began Paying. Produced at U.S. taxpayer expense. We’re . With . You. From . Day One. A fun . by-product . of assigning Social Security numbers at birth is that we know the most popular baby names, which we announce each year. Understanding when and how to file for Social Security benefits. NRM-12743AO-NX. Disclosures. Information provided by retirement representatives for educational purposes only and is not intended as investment advice. Investing involves risk, including loss of principal.. Fact Sheet ��Social Security National Press Office Baltimore, MD 2021SOCIAL SECURITY CHANGES Cost Based on the increase in the Consumer Price Index (CPI-W) from the third quarter Introduction to . the Social . Security Program . in . the United States. Social Security in the United States. The Social Security program in the U.S.:. Offers protection against the loss of income that usually accompanies old age or the death of a breadwinner..