Showing posts with label NASI. Show all posts
Showing posts with label NASI. Show all posts

Sep 12, 2024

Senate Budget Committee Hearing


     The Senate Budget Committee held a hearing yesterday on Social Security Forever: Delivering Benefits and Protecting Retirement Security. Here are the written statements before the Committee. 

  • Martin O'Malley, Commissioner, Social Security Administration
  • Rebecca Vallas, Chief Executive Officer, National Academy of Social Insurance
  • Roger Boudreau, President, Rhode Island AFT/Retirees Local #8037R 
  • Molly DahlLong-Term Analysis Unit Chief, Congressional Budget Office 
  • Shai Akabas, Executive Director, Economic Policy Program, Bipartisan Policy Center

This is from a news article on the hearing:

… The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years," Sen. Ron Wyden (D-Ore.) said during a Senate Budget Committee hearing. "That is enough to keep Social Security whole till the end of this century."

"That's where we ought to go to start making progress," Wyden added. …


Feb 2, 2017

Report On Social Insurance For The New Administration

     The National Academy of Social Insurance has issued a Report to the New Leadership and the American People on Social Insurance and Inequality. It might be helpful if some of those in the new administration would read this but I'm not expecting that.

Nov 16, 2014

Options For Future Changes To Social Security

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 14, 2014

Americans Overwhelmingly Reject Social Security Benefit Cuts

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 12, 2014

Americans Willing To Pay For Social Security

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 10, 2014

Americans Overwhelmingly Support Raising FICA Cap To Finance Social Security

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 9, 2014

Americans Overwhelmingly Oppose Reducing Social Security Benefits Even If It Means More Taxes

          From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 7, 2014

Information Matters

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Nov 3, 2014

Americans Favor Many Options For Increasing Social Security Benefits

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Oct 30, 2014

Many People Don't Know About Social Security Disability Benefits; Varied Opinions On Benefit Rates

          From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

Oct 28, 2014

Huge Majorities Willing To Raise Taxes To Support Social Security

     From a survey conducted by Greenwald and Associates for the National Academy of Social Insurance (NASI) in June 2014:

May 26, 2013

Reallocation Is The Way To Go

     The National Academy of Social Insurance (NASI) has issued a news brief discussing the issues concerning the looming shortfall in the Disability Insurance Trust Fund in 2016. The obvious solution is a temporary reallocation of more of the FICA tax to the Disability Insurance Trust Fund. Reallocations have been made -- in both directions -- eleven times in the past. What is unclear is whether Republicans will try to hold Social Security disability hostage this time. If they do hold it hostage, what ransom will they demand?

Apr 21, 2012

NASI Wants To Phase Out Reduction In FICA Tax Over 11 Years

     The F.I.C.A. tax that supports the Social Security Trust Funds has been temporarily reduced by 2% because of the recession. The difference is being made up out of general revenues. The 2% reduction is set to end at the end of this calendar year. The National Academy of Social Insurance (NASI) is promoting a plan to phase out the 2% reduction over 11 years.
     Eleven years!!?? I hope the recession that brought about this reduction is over long before then.

Apr 3, 2012

Panel Discussion On Why So Many People Are Filing Claims For Social Security Disability

     The National Academy of Social Insurance is holding a panel discussion today at 10:00 EST on the subject "Why Are More People Claiming Disability Insurance and What Should Be Done About It?" They ran out of space in the room they originally planned to hold it in and moved it to a larger room. They've run out of space in the larger room. The event will be broadcast live on C-SPAN2. Here is the lineup for the event:
Presenters:
  • Stephen C. Goss, Chief Actuary, Social Security Administration
  • Lisa Ekman, Senior Policy Advisor, Health and Disability Advocates
  • David Stapleton, Director, Center for Studying Disability Policy, Mathematica Policy Research
Discussants:  
  • Marty Ford, Director, Public Policy Office, The Arc of the United States
  • Tony Young, Senior Public Policy Strategist, NISH
Moderator:    
  • Mark Miller, Reuters
     No offense but who is Lisa Ekman? Why are two people who make their living off the myth that large numbers of Social Security disability recipients can be returned to work -- Stapelton and Young -- on this panel? Ticket to Work doesn't work. Stapelton and Young will undoubtedly say that if more money is devoted to their employers that tons of people will fly off the Social Security disability rolls. Nonsense. It hasn't happened and it won't happen. If you require people to be half dead or nearly fully crazy before you put them on benefits, you shouldn't expect them to ever return to work. It's that simple. Most people attending or watching this event have little feel for who is actually drawing Social Security disability benefits in this country and are easily misled.

May 4, 2011

Fact Sheet On Possible COLA Changes

The National Academy of Social Insurance (NASI) has prepared a useful fact sheet on possible changes to Social Security's cost of living adjustment (COLA). This is a boring topic to be sure but a change in Social Security's COLA may be the most likely "reform" of Social Security because it would be a sneaky, confusing way to cut future Social Security benefits.

Apr 16, 2011

Bad Time For a 25th Anniversary?

The National Academy of Social Insurance (NASI) is planning a big celebration on June 8 for its 25th anniversary. There will be a dinner honoring Marty Ford, Director of Legal Advocacy at the Arc of the United States, Virginia P. Reno, Vice President for Income Security at the National Academy of Social Insurance, Wayne Vroman, Economist at The Urban Institute and James N. Ellenberger, President of the AFL-CIO Retirees Association.

NASI deserves to celebrate its anniversary and these fine folks certainly deserve to be honored but it is hard for someone who believes in the concept of Social Insurance to be in a celebratory mood at this point in our nation's history. The Social Security Administration's operating budget has been cut to the point that it is on a glide path to collapse. The whole concept of Social Insurance is under assault as never before. We are looking at serious Republican proposals to end Medicare, Medicaid and Supplemental Security Income. There are other proposals to dramatically cut Social Security and Unemployment Insurance benefits, almost certainly as a way station to ending them altogether. Many Republicans are pledging to do anything short of violence to achieve their ambitious agenda, including destroying the nation's credit.

The one thing that gives me hope is the conviction that Republican have greatly overreached and are bound for electoral disaster.

Sep 18, 2010

Does This Mean Anything?



This is from the National Academy of Social Insurance (NASI). I would not jump to the conclusion that there is a connection between these two lines. In fact, I think there probably is no connection but it is an interesting chart.