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Is the Social Security Advisory Board on the way out?
A Reuters article posted on Jpost.com recently suggests that the Trump Administration may be moving to eliminate the 30-year ild Social Security Advisory Board (SSAB). The article attributes this speculation to the Office of Management and Budget’s zeroing out of the agency’s $3 million budget, although funding decisions have yet to be finalized. An official ending of the independent agency would require congressional action. Read the jpost.com post here…
The SSAB is a bipartisan, independent federal government agency established in 1994 to advise the President, the Congress, and the Commissioner of Social Security on matters of policy and administration of the Old-Age, Survivors, and Disability Insurance and the Supplemental Security Income programs. The duties of the SSAB include:
- Analyzing the Nation’s retirement and disability systems and making recommendations with respect to how the old-age, survivors, and disability insurance program and the supplemental security income program, supported by other public and private systems, can most effectively assure economic security.
- Studying and making recommendations relating to the coordination of programs that provide health security with social security programs.
- Making recommendations to the President and to the Congress with respect to policies that will ensure the solvency of the old-age, survivors, and disability insurance program, both in the short term and the long term.
- Making recommendations concerning the quality of service that the Administration provides to the public.
- Making recommendations concerning policies and regulations regarding the old-age, survivors, and disability insurance program and the Supplemental Security Income program.
- Increasing public understanding of the social security system.
- Making recommendations concerning a long-range research and program evaluation plan for the Administration.
- Reviewing and assessing any major studies of social security that may come to the attention of the Board.