Dec 6, 2011

Quiz


Dec 5, 2011

Social Security Workforce Slowly Dwindling As Workload Increases

The Office of Personnel Management (OPM) has posted updated figures for the number of employees at Social Security. Here they are, with earlier numbers for comparison purposes.
  • September 2011 67,136
  •  June 2011 67,773
  • March 2011 68,700
  • December 2010 70,270
  • June 2010 69,600
  • March 2010 66,863
  • December 2009 67,486
  • September 2009 67,632
  • June 2009 66,614
  • March 2009 63,229
  • December 2008 63,733
  • September 2008 63,990
  • September 2007 62,407
  • September 2006 63,647
  • September 2005 66,147
  • September 2004 65,258
  • September 2003 64,903
  • September 2002 64,648
  • September 2001 65,377
  • September 2000 64,521
  • September 1999 63,957
  • September 1998 65,629

Dec 4, 2011

Watch The Social Security Subcommittee Hearing Online

     The video of Friday's Social Security Subcommittee hearing on the future of Social Security's disability programs is now available online through C-SPAN.

Dec 3, 2011

Don't Overreact; We're Already At The Peak Of Disability Claims

I will have more on this in coming days but this is an excerpt from the written testimony of Steve Goss, Social Security's Chief Actuary, before the House Social Security Subcommittee yesterday:
Sustainable solvency can be restored for the Disability Insurance program with a 16-percent reduction in benefits, a 20-percent increase in revenue, or some combination of these changes. Even in the absence of such change, a simple tax-rate reallocation between OASI [Old Age and Survivors Insurance] and DI [Disability Insurance], as was done in 1994, could equalize the financial prospects of the trust funds. We estimate that temporarily raising the Disability Insurance program’s share of the 12.4-percent OASDI payroll tax rate from 1.8 to 2.2 percent for 2012 through 2024 and to 2.0 percent for 2025 through 2029 would make scheduled benefits payable for both OASI and DI beneficiaries until 2036. ...

[T]he baby boomers already moved from young ages (25-44) in 1990, where few were disabled, to older ages (45-64) in 2010, where many more are disabled. Thus, the 20-year demographic shift in the age-distribution of the population has already occurred for DI. ...

As a result, the number of workers per DI beneficiary is expected to be relatively stable in the future. This means that restoring sustainable solvency for the DI program will not require continually greater benefit cuts or revenue increases. A one-time change to offset the drop in birth rate is all that is needed to sustain the DI program for the foreseeable future.

Dec 2, 2011

Remand Assignment Policy Documents

As I come across them, I have been trying to upload to Scribd documents concerning Social Security policy over the years. Below are some documents showing Social Security policy on which Administrative Law Judge (ALJ) is assigned a case remanded by the Appeals Council or the federal courts. Should it be the same ALJ who heard the case the first time or a different one? This policy has changed over the years.
History of Remand Assignment Policy

Dec 1, 2011

Windfall Offsets Remain A Quagmire

From a recent audit report of Social Security's Office of Inspector General (OIG):
Our objective was to determine whether the Social Security Administration (SSA) had adequate controls to ensure Old-Age, Survivors and Disability Insurance (OASDI) benefits that had been withheld pending a Supplemental Security Income (SSI) windfall offset determination were paid accurately and timely. ...
Based on our random sample, we estimate that:
  • 35,398 beneficiaries had SSI windfall offset actions that were not processed. As a result, SSA withheld about $306 million in OASDI benefits, of which we estimate approximately $232 million is payable to these beneficiaries.
  • 17,067 beneficiaries had SSI windfall offset actions that were incorrectly processed. As a result, SSA improperly withheld or overpaid about $51.5 million in OASDI benefits for these beneficiaries.
  • 60,051 beneficiaries had SSI windfall offset actions that were correctly processed but not in a timely manner. As a result, these beneficiaries did not promptly receive about $725.9 million in OASDI benefits

Nov 30, 2011

Quiz Answer

Question: Mrs. R is a widow of a man who died currently but not fully insured. What sort of benefits does the currently insured status make possible at various points in her life her assuming she meets other requirements (a child under 16 in her care or being 60 or older, for instance)?

Possible Answers:
  • Mothers benefits but not widows benefits
  • Widows benefits but not mothers benefits
  • Both mothers benefits and widows benefits
  • Neither mothers nor widows benefits
Correct Answer: Mothers benefits but not widows benefits

Nov 29, 2011

Quiz