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Do we really have a retirement crisis?
(Source – www.cbsnews.com) “Have we got a crisis, or merely a series of hard problems?” This question was posed at a recent panel discussion at the American Enterprise Institute (AEI) during a discussion of retirement readiness in the U.S. During the past…
Debunking Common Social Security Myths
(By – EMILY GUY BIRKEN, moneyning.com) Social Security will celebrate its 80th birthday on August 14, 2015. In honor of eight decades of the program, let’s look at some of the common urban legends about one of America’s most popular government…
Medicare’s Next 50 Years: More Home Care, Less Red Tape
(By – Shannon Firth, MedPage Today) Sen. Ron Wyden (D- OR), ranking member of the Senate Finance Committee, identifies four areas in which Medicare could be a leader in clinical care, while Rep. Kevin Brady (R-TX), chairman of the House Ways…
Social Security: Administration launches Social Security Matters
(By – Ray Vigil, www.lcsun-news.com) Social Security recently launched its new blog, Social Security Matters. This is our new location for engaging with you by answering questions and concerns in a more sharable and interactive way. This is where you’ll see…
Representatives Schakowsky, Matsui and Murphy Introduce Resolution to Protect and Expand Social Security
(Source: www.schakowsky.house.gov, via www.enewspf.com) Today Representatives Jan Schakowsky, Doris O. Matsui, Patrick Murphy and 57 of their colleagues introduced H.Res. 393, a resolution expressing Congressional support for efforts to protect and expand Social Security while securing its long-term future. The resolution…
Social Security’s Financial Soundness Should Be Addressed Now; Disability Fund Still Projected to Be Depleted Next Year
(Source – American Academy of Actuaries) T he Social Security Trustees Report is a detailed annual assessment that serves as a basis for discussions of Social Security’s financial problems and their solutions. Social Security’s chief actuary prepares and certifies the financial…
The Politics of Medicare and Medicaid, 50 Years Later
(By – Kenneth T. Walsh, www.usnews.com) There’s an important lesson for today’s politicians in the genesis of Medicare, one of the nation’s landmark social programs, which was created July 30, 1965 – 50 years ago this week. It’s that government can do…
Social Security whistleblower claims widows losing thousands due to agency mistakes
(By – LAURENCE KOTLIKOFF, via www.pbs.org) John McAdams works as a Social Security claims authorizer in Philadelphia. He’s worked for the Social Security system for 10 years. At possible risk to his career, John wrote to me blowing the whistle on a…
What the annual Medicare and Social Security reports miss
(By – PHILIP MOELLER, www.pbs.org) Trustees of the Medicare and Social Security programs released their annual reports last week, detailing their operations during 2014 and their outlook for the future. As is the case with these reports nearly every year, they occasioned…
A wise prescription for Social Security Disability Insurance
(Source – www.register-news.com) By this time next year, a crucial federal safety-net program could be out of cash, or almost out of cash. We refer to Social Security Disability Insurance (SSDI), which paid benefits to 9 million disabled workers (and 2…