Congressional Research Service Reports - 18 Matching Results

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Social Security Reform
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Social Security Reform
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Social Security: What Happens to Future Benefit Levels Under Various Reform Options
The report first examines several benefit-constraint options. Among them are raising the age at which full Social Security retirement benefits can be received, changing the way initial benefits are computed, and constraining cost-of-living adjustments (COLAs). It also illustrates the effects of creating new personal savings accounts and presents their projected impact as a supplement to, or partial replacement of, the existing system, or as a means to close the gap between the benefit levels promised by the existing system and what can be paid under its projected future income. Finally, because across-the-board cuts may be seen as too severe for several types of recipients, other options that would ameliorate their effects, including one that would raise revenue, are also illustrated.
Summary of Major Changes in the Social Security Cash Benefits Program: 1935-1996
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Social Security: Trust Fund Investment Practices
This report describes Social Security trust fund investment practices under current law.
Social Security Administration: Administrative Budget Issues
The Social Security Administration (SSA) administers the Social Security program (Old-Age, Survivors and Disability Insurance, or OASDI) and the Supplemental Security Income (SSI) program, and provides administrative support to Medicare and several other federal programs. Total SSA spending in FY2008 was about $658 billion, about 99% of which was mandatory spending on benefit payments. This report focuses on SSA’s administrative spending, which is discretionary and amounts to about 1% of SSA’s total spending. This funding is provided in the Labor, Health and Human Services, Education, and Related Agencies appropriations bill.
Social Security: What Would Happen If the Trust Funds Ran Out?
This report looks at ways to overhaul the Social Security system due to a projected lack of system funds, which are estimated to become exhausted in 2041.
Social Security: Raising or Eliminating the Taxable Earnings Base
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Social Security: Brief Facts and Statistics
This report provides brief facts and statistics about Social Security that are frequently requested by Members of Congress and their staffs. It includes information about Social Security taxes and benefits, the program's impact on recipients' incomes, federal tax receipts, federal spending and the economy, administrative information, and selected facts about Medicare.
Social Security and the Federal Budget: What Does Social Security's Being "Off Budget" Mean?
This report discusses social security and its place in the federal budget. As a result of a series of laws enacted in 1983, 1985 and 1990, Social Security is considered to be "off budget" for federal budget purposes. While the meaning of this might seem obvious--that Social Security is not to be considered as part of the federal budget--many people are confused by the continued use of aggregate budget figures that include Social Security's receipts and expenditures.
Social Security and the Federal Budget: What Does Social Security's Being "Off Budget" Mean?
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Social Security's Treatment Under the Federal Budget: A Summary
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Social Security's Treatment Under the Federal Budget: A Summary
The treatment of Social Security in the federal budget is often confusing. In legislation enacted in 1983, 1985, and 1990, Social Security was excluded from official budget calculations and largely exempted it from congressional procedures for controlling budget revenues and expenditures. However, because Social Security represents more than a fifth of federal revenues and expenditures, it often is included in summaries of the government's financial flows, or what is referred to as the "unified" budget.
Potential Impact of No Social Security COLA on Medicare Part B Premiums in 2016
This report provides an overview of Medicare Part B premiums, the relationship between the Social Security cost-of-living increase (COLA) and Part B premiums, and the potential impact of a projected 0% Social Security COLA in 2016 on Medicare premiums, based on recent projections by the Medicare Trustees.
Topics in Aging: Income of Americans Age 65 and Older, 1969 to 2004
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Topics in Aging: Income of Americans Age 65 and Older, 1969 to 2004
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Social Security and Same-Sex Marriage: Frequently Asked Questions
This report addresses a number of frequently asked questions regarding the eligibility of same-sex couples for Social Security benefits and the interpretation of state marriage laws. These questions include those relating to general eligibility and the application process for same-sex couples and those in other types of legal relationships.
Federal Employees: Pay and Pension Increases Since 1969
Under the terms of the Federal Employees' Pay Comparability Act of 1990 (P.L. 101-509), pay for civilian federal employees is adjusted each year to keep the salaries of federal workers competitive with comparable occupations in the private sector. The annual increases in federal employee pay are based on changes in the cash compensation paid to workers in the private sector, as measured by the ECI. Under certain circumstances, the President may limit the annual increase in federal pay by executive order. Federal law also requires Social Security benefits and the pensions paid to retired federal employees to be adjusted each year. The COLAs for both Social Security and civil service pensions are based on the rate of inflation as measured by the CPI.