Congressional Research Service Reports - 262 Matching Results

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Brief Facts and Statistics

Description: This report provides 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 its recipients' incomes, federal tax receipts, federal spending and the economy, administrative information, and selected facts about Medicare.
Date: January 26, 2006
Creator: Sidor, Gary
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: 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

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

Supplemental Security Income (SSI): A Fact Sheet

Description: The Supplemental Security Income (SSI) program, Title XVI of the Social Security Act, was enacted in 1972 and implemented in 1974 to assure a minimum cash income to all aged, blind, or disabled persons. SSI is provided to eligible aged or disabled individuals or couples who have limited income and resources.
Date: January 8, 2008
Creator: Szymendera, Scott
Partner: UNT Libraries Government Documents Department

Social Security's Treatment Under the Federal Budget: A Summary

Description: 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.
Date: March 20, 2002
Creator: Koitz, David Stuart
Partner: UNT Libraries Government Documents Department

Social Security and Medicare Taxes and Premiums: Fact Sheet

Description: Financing for social security -- Old Age, Survivors, and Disability Insurance -- and the Hospital Insurance part of Medicare is provided primarily by taxes levied on wages and net self-employment income. Financing for the Supplementary Medical Insurance portion of Medicare is provided by premiums from enrollees and payments from the government. This report describes these taxes and premiums.
Date: January 13, 2004
Creator: Nuschler, Dawn
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

Federal Employees: Pay and Pension Increases Since 1969

Description: 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.
Date: January 8, 2009
Creator: Purcell, Patrick
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