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Reports & Studies
1994 - 1996 Advisory Council
A provision of Social Security Act required an Advisory Council on Social Security every 4 years to review the status of the Social Security Trust Funds and their relationship to their long-term commitments. This provision was repealed under the Social Security Independence and Program Improvements Act of 1994. The Advisory Councils have been replaced by the Social Security Advisory Board.
The last Advisory Council was appointed in late 1994, continued working until 1996 and and released their final report in 1997.
The Advisory Council of 1994-96 has focussed on the following subjects:
Seeking to reassure Americans that Social Security will continue to provide retirement income security for many generations to come, the Advisory Council on Social Security issued its findings and recommendations for the program on January 7, 1997. The Advisor Council Report was announced in a Joint Statement of Shirley S. Chater, Commissioner of Social Security and Donna E. Shalala, Secretary of Health and Human Services and by a Statement of The Advisory Council.
The Findings and Recommendations of the 1994-96 Advisory Council, Volume I is now available. Volume II includes the full reports of the two Technical Panels and presentations given to the Advisory Council. The complete text of Volume II is not available on this Web site, however, the The Technical Panel Reports (see below) were previously released and are available. Summaries of the Technical Panel reports are included in Volume I.
Technical Panel Reports
In January, 1996, the 1994-96 Advisory Council on Social Security, Technical Panel on Assumptions and Methods, released its final report on the assumptions and methodology used to project the future financial staus of the old age, survivors, and disability insurance (OASDI) programs, including if necessary, measures of the financial soundness of these programs.
In October 1995, the Advisory Council released the final report of the Technical Panel of Experts on Trends and Issues in Retirement Savings which is now available. The Executive Summary is available for viewing in HTML format. The full 162 page report is available in either WordPerfect or ASCII formats.
Neither version contains the charts or graphs included in the printed
copy. If you wish a full printed version of Volume II, write to:
Also available are the reports of the SSA Advisory Council Meetings: