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Tuesday, September 2, 2014

Bring Back Social Security Replacement Rates!

Alicia H. Munnell, Center for Retirement Research, Boston College

Each year, the Social Security actuaries project the system’s financial outlook over the next 75 years, and these projections are published in the annual Trustees Report.  Since 1989, these Reports have included data on future benefits as a percent of pre-retirement earnings – commonly called replacement rates – for workers at different places on the income scale.  That is, the Reports did include these data until this year, when the trustees decided to delete them.

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Posted on September 2, 2014  |  1 comment  |  Add your comment
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Monday, July 21, 2014

The Myth of Health Care Costs

James Westley McGaughey, Mills College

The 2014 NASI conference on “Strengthening the Web of Financial and Retirement Security for Today’s Working Americans” was an experience I will not soon forget. No doubt it was inspiring. When I think about the web of financial and retirement security instruments, whereas I used to perceive nothing short of an uncomfortable future, I now feel a bit at ease knowing that so many of the illustrious folks I met at the conference are hard at work safeguarding Medicare, Medicaid, and Social Security.

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Posted on July 21, 2014  |  Write the first comment
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Monday, July 21, 2014

How Can Social Insurance Better Respond to the Needs of the Aging Formerly Incarcerated?

Conor McGovern, National Council on Aging

I spent most of the 2014 NASI Conference reflecting on the implications of protecting and expanding social insurance programs for low-income seniors, particularly older Americans of color and women. However, in the course of my research, I have found that one – unfortunately large – group of older Americans gets overlooked when speaking about the ways we can improve our social insurance programs: formerly incarcerated people. So, (barely) conquering my morbid fear of microphones, I asked one of the panels about the role of social insurance for these people.

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Posted on July 21, 2014  |  Write the first comment
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Monday, July 21, 2014

Following California's Lead: The Expansion of Paid Leave Through Social Insurance

Elizabeth Pandya, University of Maryland

As this particularly harsh winter draws to a close, millions of American workers have again spent another flu season faced with the challenge of choosing between paid work and caring for themselves or sick loved ones. According to a report released by the Bureau of Labor Statistics last month, nearly 2.9 million full-time workers worked only part-time this past January due to illness-related absences and another 1.2 million traditionally full-time workers missed a week of work entirely.

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Posted on July 21, 2014  |  Write the first comment
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