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PRESS RELEASE: William J. Arnone Named Chief Executive Officer of National Academy of Social Insurance

WASHINGTON, D.C. – The National Academy of Social Insurance announced that William J. Arnone has been selected as Chief Executive Officer, beginning July 1, 2016.

As one of the nation’s leading experts on retirement security and employee benefits law, Arnone brings over 35 years of experience in retirement income policy/planning and financial literacy, including assisting large organizations in the realignment of their defined benefit, defined contribution, and hybrid plans with their business imperatives and human resource objectives.

July 6th, 2016|

The Current State of Unemployment Insurance: Challenges and Prospects

Summary: As the crisis of the Great Recession gives way to economic recovery, the federal-state Unemployment Insurance (UI) system that helped sustain the country during the height of unemployment continues its essential function in the American economy. The program that made headlines during each successive wave of extraordinary unemployment compensation extensions continues its fundamental work of providing income replacement to workers laid off from a job. The present period, when the demands on the system are relatively low, is precisely the time to have reasoned conversations about reforming it – before the next high-stress period of sustained and widespread use.

April 21st, 2016|

National Academy of Social Insurance Announces Distinguished Panelists for Project on Medicaid as a Critical Lever in Building a Culture of Health

WASHINGTON, D.C. – The National Academy of Social Insurance (NASI) announced the formation of a study panel of 25 distinguished national experts to investigate “Medicaid as a Critical Lever in Building a Culture of Health.” The study panel’s primary task will be to develop a conceptual framework for understanding Medicaid’s current and potential role in building a Culture of Health for low-income and at-risk populations and communities. The project will culminate in a report describing Medicaid’s place within a broader strategy to improve health, including recommendations to guide policy and practice. Support for the study panel is provided by a grant from the Robert Wood Johnson Foundation.

February 11th, 2016|

The Aging Network in Transition: Hanging in the Balance

Despite the challenges of perennially low funding levels and the lack of federal investment in the development of infrastructure and technology for the aging network, it is showing signs of significant progress in developing relationships with a diverse array of health care organizations. This paper covers key developments that are re-shaping the network as well as efforts to better measure the quality and value of its programs and services. The report also includes: case studies highlighting the work of the aging network in Florida, Massachusetts and California, discussion of quality initiatives and congressional actions, and concluding observations.

Here’s why the Aging Network is important:

January 27th, 2016|

A Young Person’s Guide to Social Security, Third Edition

UPDATED! Social Security is the nation’s most successful anti-poverty program and it remains a fundamental pillar of the American economy—one that is critical to the long-term economic security of today’s young people. A Young Person’s Guide to Social Security, Third Edition released by the Economic Policy Institute and the National Academy of Social Insurance, gives young adults the information they need to participate in debates about Social Security’s future. The 60-page guide is written by young authors for students and young workers and explains why Social Security is not in grave danger as oft-reported.

January 23rd, 2016|

INFOGRAPHIC: Can You Wait to Receive Social Security Benefits?

Can You Wait to Receive Your Social Security Benefits?

This infographic, created in partnership with the National Urban League, details the options a beneficiary has when it comes to claiming benefits. This infographic is part of a toolkit of resources designed to educate workers approaching retirement, and their families and friends, about their options for taking Social Security benefits, and about why it can pay to wait

View NASI’s toolkit of materials on when to take Social Security benefits.
Download the PDF. 

September 23rd, 2015|

FACT SHEET: Will Social Security Still Be There?

When to start receiving Social Security retirement benefits and when to stop working are two of the most important financial decisions that older Americans make. You can take retirement benefits at any time between ages 62 and 70. If you are age 62 or older and need Social Security to make ends meet, you should take it. But there are sound financial reasons to delay taking benefits, if you can. If you wait, your monthly benefits will be higher for the rest of your life. Waiting even a year or two helps.

The fact sheet is based on the brief, When Should I Take Social Security Benefits? Questions to Consider and the video Social Security: It Pays to Wait. It summarizes the Social Security program’s finances and dispels misinformation about the system’s future.

August 7th, 2015|

Social Security Finances: Findings of the 2015 Trustees Report

July 2015 ~ Social Security Brief No. 45

The 2015 Trustees Report updates projections about the future finances of Social Security’s two trust funds. The Disability Insurance (DI) trust fund, which is legally separate from the Old-Age and Survivors Insurance (OASI) trust fund, requires legislative action soon to ensure that all scheduled benefits for disabled workers and their families can be paid in 2016 and beyond. Of the 6.2 percent of earnings that workers and employers each pay into Social Security, 5.3 percent goes to the OASI trust fund and 0.9 percent goes to the DI trust fund. A 0.2 percentage-point increase in the DI contribution rate (from 0.9 percent to 1.1 percent for workers and employers each) would fully fund the DI program for the next 75 years. Alternatively, a temporary reallocation of part of the OASI contribution rate would strengthen DI while keeping the OASI fund adequately funded for many years into the future.

July 21st, 2015|

PRESS RELEASE: Hard Choices on Social Security: Survey Finds Most Americans Would Pay More to Fix Its Finances and Improve Benefits

WASHINGTON, D.C. – Americans report strong support for Social Security and are willing to pay more in taxes to stabilize the system’s finances and improve benefits, according to a new survey released today by the nonpartisan National Academy of Social Insurance.

“At a time when the nation seems deeply divided about the proper size and role of government, Americans show remarkably widespread agreement on Social Security,” said Virginia Reno, the Academy’s Vice President for Income Security Policy and co-author of the new study, Americans Make Hard Choices on Social Security: A Survey with Trade-Off Analysis.
October 21st, 2014|
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