Congressional Research Service Reports - 267 Matching Results

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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
Partner: UNT Libraries Government Documents Department

Social Security: The Cost-of-Living Adjustment in January 2009

Description: The 5.8% COLA payable in January 2009 was triggered by the rise in the CPI-W from the third quarter of 2007 to the third quarter of 2008. This COLA triggers identical percentage increases in Supplemental Security Income (SSI), veterans' pensions, and railroad retirement benefits, and causes other changes in the Social Security program. Although COLAs under the federal Civil Service Retirement System (CSRS) and the federal military retirement program are not triggered by the Social Security COLA, these programs use the same measuring period and formula for computing their COLAs. Their recipients will also receive a 5.8% COLA in January 2009.
Date: October 16, 2008
Creator: Sidor, Gary
Partner: UNT Libraries Government Documents Department

Social Security Benefits Are Not Paid for the Month of Death: A Fact Sheet

Description: Social security benefits are not paid for the month in which a recipient dies. Legislation is routinely introduced that would either pay the full amount of the benefits for the month of death or pro-rate the benefits based on the proportion of the month that the recipient was alive.
Date: March 21, 2001
Creator: Koitz, David Stuart
Partner: UNT Libraries Government Documents Department

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 the employer's annual federal tax return.
Date: January 3, 2002
Creator: Kollmann, Geoffrey
Partner: UNT Libraries Government Documents Department

Cash and Non-Cash Benefits for Persons with Limited Income: Eligibility Rules, Recipient and Expenditure Data, FY1981-83

Description: This report summarizes basic eligibility rules, as of May 1984, for more than 70 cash and non-cash programs that benefit primarily persons of limited income. It also gives funding formulas, benefit levels, and, for fiscal years 1981-1983, recipient numbers and expenditure data for each program.
Date: June 18, 1984
Creator: Burke, Vee
Partner: UNT Libraries Government Documents Department