May 19, 2021

Too Cute?

     I don't know how, if at all, this ever impacts Social Security but the 9th Circuit Court of Appeals has issued an interesting opinion on remand from the Supreme Court in the case of CFPB v. Seila Law. The Court held that once the director of the Consumer Financial Protection Board knew that she could be removed from office by the President without cause, her tenure in office became constitutional. Moreover, she could ratify her prior actions taken before the Supreme Court opinion in Seila Law. Thus, the Supreme Court opinion in the Seila Law case becomes meaningless as far as Seila Law itself is concerned. I'm not sure how the Supreme Court will see this but it seems a bit too cute to me. How do you say that this is an important constitutional issue and then say, never mind, we're not going to let it have real world consequences?

     To this point, as far as I know, Andrew Saul hasn't acknowledged that Seila Law even applies to him, nor has the White House said anything on the subject. Has Social Security filed a brief on the Seila Law issue yet in federal court?

    

May 18, 2021

Message To SSA Employees On Reopening

      Federal News Network reports that Social Security sent the following message to its employees yesterday:

You may have seen the recent update from the CDC about people who are fully vaccinated. As we have said all along, we will continue to follow government-wide and CDC guidance. We are getting additional information from the Safer Federal Workforce Task Force and will update you as soon as possible about changes. We will also meet all applicable labor obligations.

Masks No Longer Required In Federal Offices

      From Government Executive:

Following the new public health guidance issued last week, the White House said fully vaccinated federal employees, contractors and visitors are no longer required to wear masks in federal buildings. 

The Office of Management and Budget sent all federal agencies an email to supplement the updated guidelines from the Centers for Disease Control and Prevention on Thursday, which said vaccinated individuals do not need masks outside and in most indoor settings ... 
“For now, this change related to masking is the only change to federal workplace COVID-19 safety guidance – maximum telework and workplace occupancy limits remain in place – but we will continue to update based on public health guidance,” said OMB’s message. “If you are not fully vaccinated (at least two weeks past your final dose), please continue to wear a mask consistent with the requirements set forth in your agency workplace safety plan.”  ... 
“OMB, through the President’s Management Council, with [the Office of Personnel Management] and [General Services Administration], will continue to work with your agencies on the planning already underway related to the federal personnel policies and work environment for after it is safe for increased return of federal workers to the physical workplace,” said the email ...

May 17, 2021

People Just Won't Behave Like Jason Fichnter Wants Them To

      Jason Fichtner is a mainstream Republican economist specializing in retirement issues. He worked at Social Security during the George W. Bush Administration. He's been associated with the Mercatus Center, a Koch brothers financed think tank. He's recently put out a "White Paper" on Creating A New Retirement Security Framework.  Fichtner identifies real problems. Traditional defined benefit retirement plans are going, going, gone. People aren't saving much for retirement. The money they do save isn't generating much safe retirement income because interest rates are so low. Annuities would help some but people are suspicious of them. Delaying going on Social Security would help but most folks don't wait until full retirement age much less until age 70. Social Security has long term financing problems. What are Fichtner's solutions: Try harder to persuade people to delay going on Social Security retirement benefits and try harder to persuade people to use annuities for retirement income.

     I think that Fichtner's solution to the problems he identifies are completely inadequate. In fact, I'd call them almost useless. We're not going to change people's retirement behavior in fundamental ways. People already have plenty of encouragement to retire later but they just don't want to. If people don't like annuities, they don't like annuities. You're not going to harangue people into liking annuities.

     I see only one workable solution to the problems that Fichtner identifies -- beef up Social Security. Improve its long term financing. Increase its benefits significantly.  That would work. Why can't Fichtner bring himself to mention improving Social Security even as a possibility? The man has on right wing blinders. He can't see the obvious because it doesn't fit into his ideology.

May 16, 2021

Andrew Saul Happy To Be Back In The Room Again

      From the Wall Street Journal:

... For the first time since the pandemic, Sotheby’s invited a few dozen collectors and dealers to bid in person rather than by phone or online during live streamed auctions. ...

Longtime collector Andrew Saul, commissioner of the Social Security Administration, arrived in a dark suit and peach tie and took a spot on the second row, thumbing through the miniature catalog left in his seat. He didn’t bid but showed up because he said, “It feels so good to be back in the room again.” ...

May 15, 2021

The Cry Isn’t Dying Down

      Ralph de Juliis, the head of the Union local that represents most Social Social employees, has penned an op ed for the Baltimore Sun on his favorite subject, the need to get rid of Andrew Saul as Commissioner of Social Security.  He’s not the only one who feels that way.

May 14, 2021

$200,000 Embezzlement Of Social Security Benefits

      From a press release:

Acting United States Attorney Jennifer Arbittier Williams announced that Jonnel Perkins, 43, of Philadelphia, PA, pleaded guilty to the charge of embezzlement by a bank employee.

According to court documents filed today, the defendant was employed as a Retail Relationship Banker at a bank located in Philadelphia. While she was employed in this position, the Social Security Administration (SSA) conducted a routine audit which identified that a customer of the bank branch where Perkins worked was likely deceased but still receiving monthly electronic benefits from the SSA. The SSA suspended the payments to this account, but due to regulation had to wait seven years before the approximately $200,000 in accumulated benefit overpayments by the SSA could be reclaimed.

In the months prior to the time when the reclamation could be initiated, between June and December 2019, Perkins withdrew all of the funds from this dormant account. A subsequent investigation determined that the customer whose account from which the defendant withdrew funds had been deceased since 1999. ...