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Social Security

Wednesday, November 8, 2017

Academy Briefs Chinese Delegation on U.S. Social Insurance System

On Tuesday, November 7, the Academy hosted an educational forum for 30 members of a delegation of government officials from the Guangdong Province of China. The officials, representing various departments within the provincial government, were participants of Georgetown University’s Global Education Institute, which provides an executive program for Chinese provincial civil servants. Academy members and staff provided an overview of four key areas of the American system of social insurance.

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Friday, October 27, 2017

New Ideas for the Next Social Security Reform

Elliot Schreur, Research Associate, National Academy of Social Insurance

Benjamin W. Veghte, Vice President for Policy, National Academy of Social Insurance

Last Thursday, big thinkers from around the country joined the Academy in Washington, DC to discuss how Social Security policy could respond to prevailing demographic, economic, and workforce trends. Video of the event can be accessed here. The policy options discussed were not the familiar “Lego pieces” of Social Security policy, as AARP’s Chief Public Policy Officer, Debra Whitman, put it in her closing remarks at the forum.

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Friday, August 11, 2017

Inequality

William J. Arnone, National Academy of Social Insurance

Having recently completed my first year as the Academy’s Chief Executive Officer, I’ve reflected on my many interactions with Academy Members at our annual Membership meeting, Policy Conference, 30th Anniversary celebration, and other events that we have sponsored, as well as emails and phone conversations.

Among the questions most frequently posed to me are:

  • Why has the Academy chosen “inequality” as our overarching strategic theme and framework?
  • What does this mean for the Academy’s policy work?

Background
I first addressed this issue in a letter to the New York Times  published in February 2015.

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Wednesday, March 8, 2017

International Women's Day

William Arnone, National Academy of Social Insurance

As we celebrate International Women’s Day, let us recall the contributions to our nation’s vibrant social insurance infrastructure by those women who are no longer with us, but whose legacies remain strong.

Among these often unsung heroines are:

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Monday, October 17, 2016

What You Need to Know about Social Security’s 2017 Cost-of-Living Adjustment

 

Tomorrow's announcement by the Social Security Administration about the cost-of-living adjustment (COLA) for Social Security benefits, effective January 2017, is likely to be met with questioning and concerns by many current beneficiaries, particularly in an election year and after no COLA was received in 2016. (That marked only the third year without a COLA in four decades.)

Social Security’s annual COLA is intended to protect the purchasing power of benefits against erosion by price inflation. It is important to many beneficiaries that benefits keep up with the cost of living, because other sources of income typically decline with age. As individuals grow older, their pensions are eroded by inflation, employment options end, spouses cope with widowhood, and savings are depleted - and they rely even more on Social Security.

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