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As regular readers of SS&Y are aware, the Social Security Administration administers 2 trust funds. The Old Age Survivors Insurance (OAS’) fund pays retirement benefits. The Disability Insurance fund (DI) pays disability benefits. When Congress passed and President Obama signed the Bipartisan Budget Act in November of 2015 to reallocate current contributions between the OASI…
a year+ ago -
The Social Security Administration has announced there will be no Cost of Living Adjustment in 2016 for the nearly 65 million Americans drawing Social Security disability, retirement or SSI benefits. This is because there was no inflation between the third quarter of 2014 and 2015 as measured by the Consumer Price Index for Urban Wage…
3+ years ago
News
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Spring-Summer 2015 Newsletter SSDI Insolvency Looms We’ve known it’s been coming for some time and now it’s on our doorstep. Unless Congress acts the Social Security Disability Insurance Trust Fund (DI Trust Fund) will become insolvent late next year and unable to pay full benefits any longer. Millions of Americans who rely on their disability checks for most, if not all,…
3+ years ago -
Fall 2014 Newsletter OBAMACARE UPDATE On October 1st it will have been a year since enrollment began in the Affordable Care Act national health insurance program known as Obamacare. The difficulties in the early weeks and months have been well documented. But where are we a year later… Read the Newsletter in PDF format. Read the Newsletter in PDF…
3+ years ago
ALJ HIRING CONTINUES
Although the sequester could have an effect, Social Security recently opened the register for applicants to be an Administrative Law Judge on the USA Jobs website. There were 147 new ALJs hired in 2012 which brought the total, nationwide, to nearly 1,500.
Of the new hires, 58% came from the ODARs either as Senior Attorney Advisors, Attorney Advisors or Hearing Office Directors. Only 32% came from outside the federal government.
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