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The Social Security Statement: Background, Implementation, and Recent Developments
This article provides the first comprehensive description of the substantial effort and resources involved in developing and implementing the annual earnings and benefit statement that the Social Security Administration (SSA) began mailing in 2000 to all workers aged 25 or older. Details about the statement’s background and implementation should be useful to researchers studying the statement’s effect on workers’ retirement decisions and knowledge of the program. The article also describes the suspension of the printed version of the statement in March 2011 to conserve agency funds, the launch of the online statement in May 2012, various efforts to reinstate statement mailings, .Read More
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