A ndrew Saul was sworn in as Commissioner of Social Security on June 17, 2019, for a six-year term that expires on January 19, 2025. The Social Security Administration is an independent federal agency headquartered in suburban Baltimore with over 63,000 employees nationwide. Commissioner Saul reports directly to President Trump.
From 2002 to 2011, Commissioner Saul served as the Chair of the Federal Thrift Investment Board (FTIB). He was nominated by President Bush and confirmed by the Senate, and also served under President Obama. The Board administers the Thrift Savings Plan, which provides military and federal employees the opportunity to save for additional retirement security. During his chairmanship, the FTIB introduced the popular life cycle funds and increased TSP participation while substantially reducing participant costs.
In addition to his federal service, Commissioner Saul has also served in state and local government, and in non-profit organizations. He has worked as Vice Chairman and Chairman of the Finance Committee of the New York Metropolitan Transportation Authority. He also has served as Vice Chairman of the Mount Sinai Health System, and Chairman of its Audit and Compliance Committee. In addition, he was a Trustee and Chairman of the Audit Committee of the National Gallery of Art. He formerly served as a board member of the United Jewish Appeal Federation of New York.
Commissioner Saul also has substantial experience in the private sector. For twenty years, he managed two large publicly traded retail apparel chains. These chains grew into national retailers, including hundreds of stores and employing thousands of workers.
Commissioner Saul is a graduate of the Wharton School of Finance at the University of Pennsylvania.
Commissioner Saul is from New York. He and his wife Denise have been married 50 years; they have two adult children, and 3 grandchildren.