Social Security Turns 70… Come to the Source!

FOR IMMEDIATE RELEASE
August 11, 2005

Contact: Jill Braunstein, jillbraun@nasi.org
Simona Tudose, studose@nasi.org
phone: (202) 452-8097

WASHINGTON, DC –When were the first Social Security taxes collected? How much was the Social Security tax in 1937? Who signed an automatic cost-of-living increase into Social Security law? Need some fast facts and figures about Social Security? The National Academy of Social Insurance (NASI) offers the latest information about Social Security and the policy debate in its newly updated Social Insurance Sourcebook at https://www.nasi.org/learn/socialsecurity.

In addition to key dates in the history of Social Security, the journalists’ sourcebook also provides information on:

• Who pays for and who receives Social Security benefits;
• How the retirement age is changing;
• The role Social Security plays in income and poverty levels;
• Social Security’s future finances and options to balance the program’s long-term shortfall;
• Proposals for individual accounts; and
• Experts to contact on Social Security

The sourcebook contains links to numerous NASI briefs, fact sheets, and reports such as:

• Options to Balance Social Security Funds Over the Next 75 Years;
• Why Social Insurance? and
• Uncharted Waters: Paying Benefits from Individual Accounts in Federal Retirement Policy.

When you need information about Social Security fast—come to the source!

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The National Academy of Social Insurance is a nonprofit, nonpartisan organization made up of the nation’s leading experts on social insurance. Its mission is to promote understanding and informed policymaking on social insurance and related programs through research, public education, training, and the open exchange of ideas.