Congressional Research Service Reports - 26 Matching Results

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Retirement Savings and Household Wealth in 2000: Analysis of Census Bureau Data

Description: This report examines recent trends in retirement saving and the policy implications. The aging of the American population and the impending retirement of the "baby boom" will place significant strains over the next several decades on both Social Security and on retirees' own financial resources. With continued increases in average life expectancies, retirees in the 21st century will have to stretch their savings and other assets over longer periods of retirement than were experienced by their p… more
Date: December 12, 2002
Creator: Purcell, Patrick J.
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Partner: UNT Libraries Government Documents Department
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Social Security Benefit Enhancements for Women Act of 2002 (H.R. 4069)

Description: This report discusses the passing of the Social Security Benefit Enhancements for Women Act of 2002 and how it benefits certain divorced spouses and disabled and elderly widowers. The report analyzes the specific benefits of the act and how much the act would cost and the effects on the Social Security trust funds.
Date: May 30, 2002
Creator: Nuschler, Dawn
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Partner: UNT Libraries Government Documents Department
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Social Security: Coverage of Household Workers - A Fact Sheet

Description: On October 22, 1994, President Clinton signed legislation (P.L. 103-387) that changes social security coverage of household workers. The new law changed the threshold to a yearly amount and raised it (to $1,000 in 1994, indexed thereafter to average wage growth-it became $1,100 in 1998, 1,200 in 2000, and 1,300 in 2001). It remains at $1,300 in 2002. In addition, the new law exempted most domestic workers under age 18, and provided that Social Security and unemployment taxes will be reported on… more
Date: January 3, 2002
Creator: Kollmann, Geoffrey
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Partner: UNT Libraries Government Documents Department
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Social Security: Raising the Retirement Age Background and Issues

Description: The Social Security "full retirement age" will gradually rise from 65 to 67 beginning with people who attain age 62 in 2000 (i.e., those born in 1938). Early retirement benefits will still be available beginning at age 62, but at lower levels. To help solve Social Security's long-range financing problems, it has been proposed that these ages be raised further.
Date: June 24, 2002
Creator: Kollmann, Geoffrey
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Social Security: The Cost-of-Living Adjustment in January 2003

Description: This report discusses the Cost-of-living Adjustments to Social Security in 2003. To compensate for the effects of inflation, Social Security recipients receive a cos-of-living adjustment (COLA) in January of each year. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), updates monthly by the Department of Labor's Bureau of Labor Statistics (BLS), is the measure used to compute the change.
Date: October 18, 2002
Creator: Koitz, David & Kollmann, Geoffrey
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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