Social Security Statements
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Social Security Statements Social Security Administration Should Better Evaluate Whether Workers Understand Their Statements Report To Congressional Requesters
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Author :
language : en
Publisher: DIANE Publishing
Release Date : 2005
Social Security Statements Social Security Administration Should Better Evaluate Whether Workers Understand Their Statements Report To Congressional Requesters written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Social Security Statements
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Author : U.s. Government Accountability Office
language : en
Publisher:
Release Date : 2017-08-15
Social Security Statements written by U.s. Government Accountability Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-15 with categories.
"Social Security Statement (the statement) is the federal government's main document for communicating with more than 150 million workers about their Social Security benefits. Provided annually, it serves as a key financial literacy tool that can educate the public about Social Security Administration (SSA) program benefits, aid in financial planning, and ensure that workers' earnings records are complete and accurate. The statement is also a key tool for communicating with the public about the long-term financial challenges the Social Security system faces. However, due to budget constraints, SSA chose to suspend mailings of the statement in March 2011. GAO examined (1) the current status of the statement and (2) ways SSA plans to improve the usefulness of the statement. To address these issues, GAO interviewed SSA officials and reviewed agency documents and our prior work on the statement's understandability. GAO also provided a draft of this testimony to SSA for review and comment. "
Social Security Statements
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Author : United States Government Accountability Office
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-01-14
Social Security Statements written by United States Government Accountability Office and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-14 with categories.
Social Security Statements: Observations on SSA's Plans for the Social Security Statement
Do Social Security Statements Affect Knowledge And Behavior
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Author :
language : en
Publisher:
Release Date : 2011
Do Social Security Statements Affect Knowledge And Behavior written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Deciding when to retire and claim Social Security benefits is one of the most important financial decisions that workers face. Therefore, ensuring that they have easy access to clear and timely information about their benefit options is a key goal for policymakers. In 1995, the Social Security Administration introduced the “Statement,â€ŗ a record of past earnings and a summary of estimated benefits at selected claiming ages that is designed to help workers plan for retirement. The Statement is now mailed annually to all workers age 25 and over. While the Statement has the potential to be a very valuable tool, little research has been done on its impact. A Gallup survey revealed that individuals who had received a Statement had a significant increase in their understanding of basic Social Security features. The most recent U.S. Government Accountability Office report on the Statement found that 66 percent of workers remember receiving a Statement and 90 percent of these workers say that they remember the amount of estimated Social Security benefits. These findings suggest that the Statement might improve knowledge, but provide no information about whether it changes behavior. Both topics are the subject of this brief. This brief is organized as follows. The first section explains the data and methodology used in the analysis. The second and third sections present the findings on how the Statement impacts knowledge and behavior, respectively. The final section concludes that the Statement does increase knowledge for individuals who were not inclined to seek the information on their own, but the Statement does not appear to change behavior.
Social Security Statements
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Author : U S Government Accountability Office (G
language : en
Publisher: BiblioGov
Release Date : 2013-06
Social Security Statements written by U S Government Accountability Office (G and has been published by BiblioGov this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06 with categories.
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Your Social Security Rights And Responsibilities
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Author :
language : en
Publisher:
Release Date : 1990
Your Social Security Rights And Responsibilities written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Old age pensions categories.
The Social Security Statement
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Author :
language : en
Publisher:
Release Date : 2009
The Social Security Statement written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Financial statements categories.
Gao 05 192 Social Security Statements
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Author : United States Government Accountability Office
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-01-30
Gao 05 192 Social Security Statements written by United States Government Accountability Office and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-30 with categories.
GAO-05-192 Social Security Statements: Social Security Administration Should Better Evaluate Whether Workers Understand Their Statements
Employer Information About The Social Security Statement
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Author : United States. Social Security Administration
language : en
Publisher:
Release Date : 1999
Employer Information About The Social Security Statement written by United States. Social Security Administration and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Social Security statement categories.
The Social Security Statement
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Author : Barbara A. Smith
language : en
Publisher:
Release Date : 2015
The Social Security Statement written by Barbara A. Smith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
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, and the decision to resume mailings to workers of selected ages beginning in September 2014. The article concludes by describing changes in the statement's appearance and content, the statement's relationship to SSA's strategic plans, and the surveys SSA commissioned to measure public awareness and knowledge of Social Security.