Share/Bookmark

Discuss: Share in our Policy Ideas

Tuesday, July 16, 2019

Addressing Social Security's Long-Range Financial Stability

Bill Arnone, CEO, National Academy of Social Insurance

Significant proposals to enhance Social Security’s long-range financial stability are emerging from a variety of sources. Although there was only one mention of Social Security during the first round of Democratic Presidential debates in June, it is likely to get much more attention from candidates in the coming months.

Recently, I attended the annual Peter G. Peterson Foundation’s Fiscal Summit in DC. (The Peterson Foundation has been a long-time supporter of the Academy’s work.)

Read More…
Posted on July 16, 2019  |  Write the first comment
Keywords:
Friday, June 14, 2019

Strengthening Social Insurance: The Role of Policy Innovation Challenges

Elaine Weiss, Lead Policy Analyst - Income Security

The National Academy of Social Insurance and AARP will soon be announcing the winners of the 2019 Social Security Policy Innovations Challenge: Ensuring Adequacy for Workers. Through this Challenge, we will identify 3-5 feasible policy proposals that specifically address the income adequacy needs of older workers, who must claim Social Security retirement benefits before their full retirement age due to ill health, an inability to continue to perform physically demanding jobs, or other factors. (This 2019 Challenge in some ways builds on past crowdsourcing efforts the Academy has led over the past decade. As discussed further below, the Academy’s Challenges have produced a range of feasible ideas and policy proposals for strengthening Social Security.)

 

Read More…
Posted on June 14, 2019  |  1 comment  |  Add your comment
Keywords:
Thursday, May 16, 2019

Socialism or Social Insurance?

Bill Arnone, CEO, National Academy of Social Insurance

The political air is charged these days with claims that various policy ideas, like Medicare-For-All and the Green New Deal, are “socialistic.” Such charges have been made in American history since the late 19th century, often in response to bold new policy concepts put forward to address gaps in income and health care security. This leads us to revisit a fundamental question – what differentiates Socialism from Social Insurance?

Social Insurance as Collective Action

In the words of Robert M. Ball, Founding Chair of our Academy: “Social insurance derives its unique strength from the principle that the best form of self-protection is mutual aid on a universal scale; when everyone contributes, everyone can be protected.” Academy Member and historian Edward D. Berkowitz also quotes Bob Ball:

Read More…
Wednesday, May 15, 2019

In Memoriam: Alice Rivlin

William Arnone, Chief Executive Officer, National Academy of Social Insurance

 

(Alice Rivlin receives the 2013 Ball Award with then Board Chair, Lisa Mensah) 

With deep sadness, we learned of the passing of Alice Rivlin, a Founding Member of the National Academy of Social Insurance, and recipient of the 2013 Robert M. Ball Award for Outstanding Achievements in Social Insurance.

 

(Alice Rivlin with her family at the 2013 Ball Award) 

Read More…
Posted on May 15, 2019  |  Write the first comment
Keywords:
Wednesday, April 17, 2019

Taxes, Contributions, and Social Insurance

Bill Arnone, CEO, National Academy of Social Insurance

 

With most Americans focused on taxes this month, it’s a good time to take a look at the relationship between federal income taxes and social insurance contributions.

Overview of Federal Taxes and Distributional Effects

The latest report by the Joint Committee on Taxation, Overview of the Federal Tax System As In Effect for 2019, provides a comprehensive starting point. This report breaks out the current federal tax system into four elements:

Read More…