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Social Security

Friday, April 5, 2013

Putting a Human Face on Disability Insurance

Elisa Walker, National Academy of Social Insurance

All too often, inside-the-Beltway policy debates focus on dollars and deficits rather than on the millions of real people and real lives that are affected. That’s why it was refreshing to read Michael Hiltzik’s April 2 Los Angeles Times column (“Does Congress have the heart to avert disability crisis?”), which included several stories from real people who rely on Social Security disability insurance.

One of the people quoted in that article was Kira Fisher:

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Posted on April 5, 2013  |  Write the first comment
Thursday, March 28, 2013

Immigration: A Solution for Social Security Insolvency?

Madhulika Vulimiri

“As a result of globalization, labor markets are no longer defined by our borders.” When Lisa Lynch of the Heller School of Social Policy and Management made this statement in the opening keynote of the National Academy of Social Insurance’s 25thannual policy conference,  Medicare and Social Security in a Time of Budget Austerity, she was alluding to the increasing role that immigration plays both in our workforce and in our shifting policies around education, healthcare, and Social Security. I was interested to see what the distinguished speakers would say about the politically-charged role of immigration on Social Security, particularly in a time of budget austerity.

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Posted on March 28, 2013  |  Write the first comment
Wednesday, September 12, 2012

Quick Facts from Newest Census Poverty Data

Jasmine V. Tucker, National Academy of Social Insurance

Today marks the release of new data from the Census Bureau on Income, Poverty, and Health Insurance Coverage in the United States: 2011. Some key points from the report are:

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Friday, August 24, 2012

Women, the Vote, and Social Security: Celebrating Women’s Equality Day

Thomas N. Bethell, National Academy of Social Insurance

In 1875 the Supreme Court ruled that the Constitution did not grant women the right to vote. It then took women 42 years to win that right — from May 16, 1878, when Susan B. Anthony and Elizabeth Cady Stanton persuaded a few members of Congress to introduce a women’s suffrage amendment, until August 26, 1920, when the 19th Amendment was finally adopted.

Two years later the Supreme Court upheld the constitutionality of the amendment, demonstrating that the laws of the land can be changed — for good cause. And on August 26, 2012 — officially Women’s Equality Day, observed every year on August 26 — Americans of both genders once again honor those who devoted their lives to that cause.

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Posted on August 24, 2012  |  Write the first comment
Tuesday, August 21, 2012

Retrenchment of Privately Managed Individual Accounts in Central Europe

Elaine Fultz, Former director of the International Labor Organization office for Russia, Eastern Europe, and Central Asia

The partial privatization of Central European pension systems is now a well-known phenomenon.  Beginning in the late 1990s, with support from the World Bank, many Central European governments scaled down their public, pay-as-you-go pensions and established mandatory, privately managed individual investment accounts.  Hungary and Poland led this process, launching new second tier accounts in 1998 and 1999, respectively.  They were soon followed by Latvia (2001), Bulgaria, Croatia and Estonia (2002), Lithuania (2004), Slovakia (2005), the Republic of Macedonia (2006), and Romania (2008). Since capitalized accounts require three to four decades to accumulate sufficient funds to pay full benefits, this major pension restructuring is still at an early stage.

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