Statement by William Arnone, CEO of the Academy Last week’s historic initial payments of the new Child Tax Credits (CTC) to millions of U.S. households have been hailed as the boldest policy action to address economic insecurity in decades. The enactment of this path-breaking enhancement of the CTC is
Child Tax Credits and Assured Income The recent provision of Child Tax Credit (CTC) payments to millions of U.S. households is projected to have an enormous impact on child poverty. However, these payments remain temporary and need to be assessed within a broader framework of
As congressional leaders continue to negotiate economic recovery legislation to “build back better” in the wake of the COVID-19 pandemic, the Academy’s new fact sheet on Supplemental Security Income (SSI) provides a quick look at the many ways this critical but long-forgotten part of our Social Security system has withered
“Building Back Better” for Older and Disabled Americans Requires Bringing Supplemental Security Income (SSI) into the 21st Century
“Building Back Better” for Older and Disabled Americans Requires Bringing Supplemental Security Income (SSI) into the 21st Century America’s Social Security system offers critical protection from poverty and hardship in old age, as well as for workers who are unable to support themselves through work
This working paper examines how economic insecurity has evolved over time, the degree to which past policy efforts have mitigated economic insecurity, and touches on the components of an encompassing solution. The ultimate goal of this work is to help policymakers design an assured income policy portfolio that solidifies a
Over the past two months, it has become clear that, like many other crises to hit the United States in recent decades – Hurricanes Katrina, Harvey, and Maria and the floods and droughts that have wiped out farms across the Midwest and California – the COVID-19 pandemic is disproportionately hurting those with the fewest resources to cope. The second Virtual Roundtable in the Academy’s Responding to COVID-19 series highlighted these realities.
Interdisciplinary Study Panel on Economic Security launches at the National Academy of Social Insurance
The National Academy of Social Insurance has launched a new Study Panel on Economic Security, with thirty experts (see list below) from a variety of disciplines and backgrounds, to produce a comprehensive report on income supports and related policies within our nation’s range of economic security programs. The nation’s social insurance infrastructure effectively serves millions of Americans, but rising inequality and demographic changes are among a number of factors exposing gaps in programs initially established during the Great Depression.
In describing the “Need for Security”, the 1935 Committee on Economic Security wrote that “the one almost all-embracing measure of security is an assured income. A program of economic security, as we vision it, must have as its primary aim the assurance of an adequate income to each human being in childhood, youth, middle age, or old age—in sickness or in health.” Although almost eighty-five years have passed since the Committee’s report, its “primary aim” remains unfulfilled.
Washington, DC – The National Academy of Social Insurance is seeking innovative ideas to address the income adequacy needs of older workers who must claim Social Security retirement benefits early, due to ill health, an inability to continue to perform physically demanding jobs, or other factors. The Academy, in collaboration with AARP, has launched a Social Security Policy Innovations Challenge open to applicants across the country and from a variety of disciplines. (.)
What: A daylong policy convening that unveils bold new ideas on Social Security policy. The event will feature a diverse range of policy experts presenting their innovative ideas, many of which have never been discussed in a public forum.
When: Thursday, October 19, 2017, 10:00 am - 3:00 pm
Where: Ronald Reagan Building, Horizon Ballroom, 1300 Pennsylvania Avenue NW, Washington, DC
- Retirement security in an era of increasing and disparate longevity
- Improving benefits for life-time earners
- Providing retirement security to caregivers and to workers in a changing workforce
- Ensuring adequate revenue for social security