Academic journal article Social Security Bulletin

Message from the Acting Associate Commissioner

Academic journal article Social Security Bulletin

Message from the Acting Associate Commissioner

Article excerpt

The mission of the Social Security Administration (SSA) is to promote the economic security of the nation's people. As part of this mission, we regularly document the economic status of America's aged population in the data series Income of the Population 55 or Older That series shows the diversity of income among key groups of aged and the roles that Social Security benefits and other major sources of income play in shaping the total income of the aged. Another factor affecting economic status in old age is whether persons who are eligible for retirement or means-tested programs participate in them. SSA also maintains records of earnings that are the foundation for Social Security benefits and other important components of retirement income. The articles in this issue all address this topic.

One set of articles looks back or ahead in time at various aspects of economic status. One article analyzes trends in the income of the aged between 1976 and 2000 in relation to demographic, legislative, macroeconomic, and labor market changes. Another focuses on rates of poverty, which have come down dramatically in the past 40 years, and estimates what poverty rates would be 50 years into the future under alternative rates of growth in earnings. …

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