Strengthening Social Security for the Long Run: Insights from 1983

A policy briefing to discuss NASI's new brief, "Strengthening Social Security for the Long Run"

* Briefing Presentations and Video Now Available *

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In policy discussions about the long-term financing of Social Security, reforms enacted in 1983 are often held up as a model of balanced political compromise. But that is not exactly what happened. Only the short-term reforms, aimed at getting the program safely through the 1980s, contained a mix of changes that affected Social Security contributors and beneficiaries more or less evenly. The piece Congress added to address the remaining long-term shortfall was not a compromise. It was solely a benefit cut that is still being phased in today. 

As the president's fiscal commission nears its reporting deadline, the National Academy of Social Insurance released a new policy brief, Strengthening Social Security for the Long Run.

Speakers:
Janice Gregory, NASI President and Social Security Subcommittee staff, 1983
Virginia Reno, NASI VP for Income Security and Greenspan Commission staff

Discussant:
Wendell Primus, Policy advisor to House Speaker Nancy Pelosi and chief economist for the Committee on Ways and Means, 1983

Moderator:
Lisa Mensah, NASI Chair and Executive Director of the Aspen Institute Initiative on Financial Security

  • What happenned in 1983?
  • Why the growing concern about the inadequacy of Social Security going forward?
  • Can we afford Social Security in the future? What do Americans say they want?
  • How might we improve benefit adequacy at an affordable cost?
  • How might we design a 75-year financing plan?

Click here to view NASI’s new brief, Strengthening Social Security for the Long Run.

When
November 10th, 2010 10:00 AM   through   11:30 AM
Location
B318 Rayburn House Office Building
On Independence Avenue between South Capitol Street and 1st Street
Washington, DC 20001
United States
Topics
Topics Social Security, Workforce Issues and Employee Benefits
Contact
Contact Name Elizabeth Lamme
Contact Email elamme@nasi.org

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