And These Are The 900 Americans Who Really Think Social Security Benefits Ought To Be Cut

     900 Americans are already finished with paying Social Security taxes in 2014.

Mass Social Security Scam In New York City??

     The New York Daily News is reporting, with no detail, that "More than 100 suspected scammers — most of them retired city cops and firefighters — could be arrested as soon as next week for making bogus claims of stress-related illnesses to bilk Social Security for big bucks ..." Maybe this will happen but note the use of the word "could" in that sentence. I think that most newspapers would not publish a sentence like that.

Social Security Headquarters Opening Two Hours Late

     Due to weather conditions in the Baltimore area, Social Security's headquarters are opening two hours late today.

Agency Financial Report For FY 2013

     The Social Security Administration has issued its Financial Report for Fiscal Year 2013. The report identifies agency goals that have been met or not met. The most glaring unmet goal is wait time for a hearing before a Social Security Administrative Law Judge (ALJ). That went up substantially in 2013.

Big Surprise

     The user fee assessed on attorneys who represent Social Security claimants will remain at 6.3% in 2014.

Happy New Year

Does This Tell Us Anything Useful?

     The abstract of a Working Paper issued by Yonathan Ben-Shalom and Arif A. Mamun of Mathematica Policy Research, a big contractor for Social Security:

We follow a sample of working-age Social Security Disability Insurance (DI) program beneficiaries for five years after their first benefit award to learn how certain factors help or hinder achievement of four return-to-work milestones: (1) enrollment for employment services provided by a state vocational rehabilitation agency or employment network, (2) start of trial work period (TWP), (3) completion of TWP, and (4) suspension or termination of benefits because of work. We find that younger beneficiaries are more likely than older beneficiaries to achieve the milestones and that substantial variation exists across impairment types. In addition, black beneficiaries and beneficiaries with higher levels of education have a greater probability of achieving the milestones, everything else equal. Also, such achievement is more probable if state unemployment is low at the time of the award. The probability of achieving the milestones is reduced by having a higher DI benefit amount at award, an award decision made at a higher adjudicative level, and by receiving Supplemental Security Income or Medicare benefits at the time of DI award. Finally, we find large variation in the relationships between state of residence and return-to-work outcomes and between award month and return-to-work outcomes. We attribute these variations to unobserved factors at the state level, policy changes over time, and trends in unobserved beneficiary characteristics.

Nice Try

     There's a new meme coming from the right. Sure, we ought to increase Social Security benefits, but only for the poor. We'll do it by means testing Social Security. Andrew Biggs started this but others are chiming in. I think it's a good idea to remind everyone that Social Security will not change in any fundamental way until one very determined party completely dominates the White House and the Congress. That's not coming anytime soon. Even if the Republicans did dominate the White House and the Congress I'd be amazed if they attempted this. If they did, they wouldn't control the White House and the Congress much longer.