SSA Benefit Estimate Statement PDF Download
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Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Retirement income
Languages : en
Pages : 28
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Retirement income
Languages : en
Pages : 28
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 32
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Book Description
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289088675
Category :
Languages : en
Pages : 30
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Book Description
Pursuant to a congressional request, GAO reviewed the Social Security Administration's (SSA) overall progress in issuing the Personal Earnings and Benefits Estimate Statement (PEBES), focusing on: (1) whether the PEBES benefit estimates are reasonable; (2) what SSA has done to improve the statement; (3) the extent to which the statement communicates its goals and information clearly; (4) SSA plans to revise the statement further; and (5) actions that GAO believes will improve the statement. GAO found that: (1) the methods and assumptions used by SSA for estimating future retirement benefits are consistent with those used by private and public pension plan sponsors; (2) the public feels that the PEBES can be a valuable tool for retirement planning; (3) although SSA has taken steps to improve PEBES, it fails to communicate clearly the complex information readers need to understand SSA programs and benefits, partly because the design and organization of the statement make it difficult for the reader to locate and understand important information; (4) readers are confused by several important explanations, such as who in their family is eligible for benefits; (5) SSA is considering redesigning PEBES, but only if the redesign results in reduced printing costs; (6) this approach overlooks hidden costs, such as the workload generated by public inquiries when people do not understand the statement, and the possibility that a poorly designed statement will undermine, rather than improve, public confidence; and (7) active leadership from SSA senior managers will be needed to ensure the success of this important initiative.
Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 9781422300480
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
The Social Sec. (SS) Statement is the Social Sec. Admin. (SSA) main document for communicating with workers about their SS benefits. It shows an individual's annual earnings, payments into SS & Medicare, & projected benefits. The SSA also uses the statement to explain the various types of SS benefits & to encourage greater financial planning for retirement. This report examines: how well recipients understand the current statement; how the SSA is evaluating the statement's understandability; & the promising practices used by private sector co. & other industrial countries. This info. was obtained from a nat. survey & focus groups of statement recipients, officials from 3 countries (Canada, Sweden, & the UK), & other experts. Charts & tables.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984313560
Category :
Languages : en
Pages : 28
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Book Description
HEHS-98-228 SSA Benefit Estimate Statement: Adding Rate of Return Information May Not Be Appropriate
Author: United States. Social Security Administration
Publisher:
ISBN:
Category : Social security
Languages : en
Pages : 4
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author:
Publisher:
ISBN:
Category : Social security
Languages : en
Pages : 18
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
