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Tuesday, March 13, 2012

A Young Person’s Debate

Alex Wirth

The young person’s debate on Social Security has been particularly one-sided lately.  Last fall at the Harvard Institute of Politics, I helped write and analyze a poll of over 2,000 young people ages 18-29.  We found that 78 percent of young people were concerned that the Social Security system would not be able to provide the benefits they expected when they retired.

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Thursday, March 1, 2012

Getting the Message Right: The Communications Challenges of Social Insurance

Lucy Cox-Chapman

If “market economy” isn’t the first thing that springs to your mind when thinking about social insurance, you are forgiven. Honestly, before attending the 2012 NASI annual conference, Social Insurance in a Market Economy: Obstacles and Opportunities, I was in your shoes. Having spent the last eighteen months deeply immersed in my masters of public health curriculum, I viewed social insurance as a set of policies rooted in the public sector. And while the focus on government and public policy isn’t misplaced, I was missing the broader picture of the impact of social insurance on society. Fortunately, the diverse set of presenters, policy experts, and researchers, at the 2012 NASI conference corrected my lopsided view.

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Friday, February 3, 2012

Employers in Many States Face Tax Hike To Help Repay Federal UI Loans

Jasmine Tucker, National Academy of Social Insurance

Employers in 28 states owing $38.2 billion to the federal government for unemployment insurance benefits incurred an increase in their Federal Unemployment Tax Act (FUTA) tax this week.  Revenues from the tax increase will go directly toward repaying the balance of the loans.  A total of 35 states opted to borrow federal dollars because their unemployment insurance trust fund reserves were insufficient to weather the recent economic downturn.  The deep and prolonged Great Recession, current sluggish recovery, and continued high rate of long-term unemployment have further reduced revenues and increased outgoing unemployment insurance payments.

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Wednesday, November 30, 2011

Project on Social Security in Rural Areas Reveals Impact of the Program on Local Economies

Jennifer Clark, National Academy of Social Insurance

The Center for Rural Strategies, an awardee of NASI’s Improving Lives of Vulnerable Americans Through Social Security project, recently analyzed Social Security recipients by county in the U.S. The Daily Yonder (affiliated with the Center for Rural Strategies) used this breakdown of Social Security beneficiaries to find the counties most dependent on Social Security.

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Monday, November 21, 2011

Thankful for Three Key Social Insurance Programs That Kept More Than 24.0 Million Americans Out of Poverty in 2010

Jasmine Tucker, National Academy of Social Insurance

This Thanksgiving, more than 24.0 million Americans, will undoubtedly be thankful for three critical social insurance programs that helped keep them out of poverty in 2010: Social Security, unemployment insurance and workers' compensation.

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