Social Security 101
Capitol Hill briefing
April 3, 2006
Social Security basics were the focus of a one-hour Capitol Hill briefing the Academy held April 3, 2006, in the House Rayburn building. The topics included:
- The structure of the Social Security system
- Calculating benefits under the current system
- Benefit taxation and replacement ratios
The briefing also featured a preview of the Academy’s newly redesigned Social Security Game.
Speakers
- Ron Gebhardtsbauer, Senior Pension Fellow, American Academy of Actuaries
- Bruce Schobel, Chairperson, Retirement Security Principles Task Force, American Academy of Actuaries
- Ken Steiner, Member, Social Insurance Committee, American Academy of Actuaries
Learning about Social Security
The Academy offers extensive online resources about the Social Security program and related issues for policy-makers, the news media, and the public. Here are two good places to start:
The Social Security Game
The new version of the Academy’s Social Security Game is more informative and easier to play than ever. It’s designed to be a fun, interactive introduction to the major options for Social Security reform. Players try to construct a solution that will keep Social Security solvent—and along the way, they find out that every option has its pros and cons.
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