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Social Security

Tuesday, September 11, 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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Thursday, August 23, 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 23, 2012  |  Write the first comment
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Monday, August 20, 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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Sunday, August 19, 2012

Results from the 2012 NASI Summer Academy: A Young Person's Perspective of Social Security

Chidi Ahaghotu, Halley Brunsteter, and Tessa Conroy

Every year the National Academy of Social Insurance (NASI) hosts Demystifying Social Security, a day-long academy for young people in Washington, DC.  During the event, attendees are asked to consider policy options for reform that would determine the future of Social Security.  The results indicate that young people, like other Americans, value Social Security and support moderate policy reform to strengthen the program.

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Posted on August 19, 2012  |  Write the first comment
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Tuesday, June 19, 2012

Native Americans Voice their Support of Social Security

Jennifer Clark, National Academy of Social Insurance

Social Security was on the agenda this week at the mid-year conference of the National Congress of American Indians (NCAI) in Lincoln, NE. This conference is a chance for tribal leaders to vote on resolutions that will establish the organization’s position on issues relevant to Native people and tribal nations. One resolution, Social Security and American Indian Elders, called for NCAI to take a position against raising the retirement age, against reducing Social Security’s cost-of-living adjustment (COLA), and for finding broader sources of income to ensure Social Security’s solvency. In essence, the resolution asked NCAI’s member tribes to push back against cuts to Social Security.

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