WHILE the press is here, I think it might be appropriate to point out to them the reason for this meeting.
As everybody knows, I submitted to the Congress a very constructive proposal for the purpose of maintaining the financial integrity of the social security trust fund. This was submitted at the time of our budget or economic program, at the time of the State of the Union and, unfortunately, it appears that the Congress is going to fail to recognize the problem and tragically fail to do anything to solve the problem.
This concerns me very greatly, because we have 39 million individuals, most of them older, who are depending upon the financial soundness of the trust fund. And we leave literally millions and millions more who are paying into the trust fund, who are counting on the financial integrity of that fund.
This administration feels an obligation to protect the investment of those who are retired and those who are counting on retirement. The purpose of this meeting is for me to get the up-to-date information from the responsible people in the executive branch who, I'm sure, are likewise concerned, as I am, about the current situation.
The Congress cannot fail the older people and others who are either on retirement or about to retire. We expect some action. They cannot fail to respond to this very important and, I think, critical need.
Simple arithmetic indicates that the social security trust fund is headed for trouble. Unless the Congress acts to ensure that the fund takes in as much as it pays out, there will not be adequate security for old or young.
In my State of the Union Message in January, I proposed a payroll tax increase of .3 percent each for employees and employers, to increase revenues into the trust fund to ensure that benefits will be available to all who have earned them.
My proposed increase would cost workers, with a maximum taxable income, less than a dollar a week. This increase will help stabilize trust funds so that current and future recipients can be assured the benefits that they have earned. I urge the Congress to take the earliest possible action on my proposal to preserve the integrity of the social security trust fund.
Dec 29, 2006
Gerald Ford On Social Security
Ticket to Work Meeting
Empire Justice Center Newsletter
Determining Disability Is Tough
People who receive higher disability ratings for work-related back injuries don't necessarily fare worse over the long term than those who get lower ratings, a Saint Louis University study finds...
"A disability rating is supposed to reflect the amount of impairment a person has at the time that a case is closed. The presumption is that levels of impairment are stable and related to day-to-day levels of function. I was shocked that the associations between disability rating and subsequent levels of function weren't stronger," said Raymond Tait, Ph.D., professor of psychiatry at Saint Louis University School of Medicine.
Disability ratings also differed between African-Americans and Caucasians. According to Tait, those differences probably reflected differences in treatment: whites were four times more likely to have surgery than blacks. Those who had surgery received larger settlements for their injuries, Tait said.
"While surgery inflated disability ratings, there appeared not relationship between surgery outcomes and how a person did thereafter," he said.
Tait and colleague John Chibnall, Ph.D., also a professor of psychiatry at Saint Lois University, looked at about 1,500 Missouri workers – 580 African-Americans and 892 Caucasians – whose Workers' Compensation claims for lower back pain were settled between Jan. 1, 2001 and June 1, 2002.
Researchers interviewed the employees 21 months after their settlements about how they were doing. They asked questions about pain intensity, general physical and mental health and whether they currently were working.
Tait and Chibnall said that their findings "raise questions about both the validity and the fairness of the current disability determination program. Disability settlements are designed to give people money toward a fresh start. Those settlements do not appear to reflect the residual levels of disability that people actually experience."
SSA Definitely Closing On January 2
Dec 28, 2006
Jo Anne Barnhart's Father Dies
Bush Orders Federal Offices Closed On Tuesday
From the Office of Personnel Management
President George W. Bush To Close Federal Offices in Tribute to Former President Gerald R. Ford
Washington, D.C. -- By Executive Order of President George W. Bush, all executive departments, independent organizations and other agencies of the Federal government shall be closed on Tuesday, January 2, 2007, as a mark of respect for Gerald R. Ford, the 38th President of the United States.
U.S. Office of Personnel Management (OPM) Director Linda M. Springer notified Cabinet Secretaries, Agency Heads and Chief Human Capital Officers governmentwide about the closure shortly after President Bush signed the Executive Order on December 28, 2006. Springer provided agency leaders with a copy of the President's proclamation, which designates Tuesday, January 2, 2007, as a National Day of Mourning.
The closure order includes Federal offices, with the exception of those offices and installations, or parts thereof, in the Department of State, the Department of Defense, the Department of Justice, the Department of Homeland Security, or other departments, independent organizations, and governmental agencies whose agency head determines should remain open for reasons of national security or defense, or other essential public business.