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Applicants for Social Security Disability benefits whose applications have twice been rejected can appeal that decision to one of the agency's administrative law judges (ALJs). The appeals process is heavily weighted in the applicant's favor: the agency is not represented in the appeal hearing,...
Persistent link: https://www.econbiz.de/10013092187
In Kennedy v. Plan Administrator of the DuPont Savings and Investment Plan (the “Kennedy Decision”), a unanimous Supreme Court appeared to proclaim a “bright-line rule” that plan documents determine benefit distribution rights. However, by misreading ERISA and its own precedents, the...
Persistent link: https://www.econbiz.de/10013155801
This paper proposes a “Swedish” type actuarial balance sheet for a notional defined contribution scheme embedding disability insurance within the retirement pension system. The underlying framework supporting the actuarial balance relies on a multistate overlapping generations model that...
Persistent link: https://www.econbiz.de/10012903481
Empirical evidence on the relationship between the primary impairments of Social Security disability program beneficiaries and the employment and earnings experiences of those beneficiaries is limited. To provide such evidence, we classify recent Disability Insurance beneficiaries and...
Persistent link: https://www.econbiz.de/10013023037
This document concludes that the sustainability of the RPM (Pay-as-you-go, defined benefits public regime) looks fragile and is threatened by massive transfers from the RAIS (defined contributions private regime) to the RPM. The fiscal deficit of the RPM could be rising from 140% of GDP (in NPV)...
Persistent link: https://www.econbiz.de/10012984698
In the last twenty years the labor force participation rates of 45 to 54-year-old men have fallen 10.6 percentage points among non-whites and 4.4 percentage points among whites. I find that nearly half of this puzzling decline can be explained by the growth of the Social Security Disability...
Persistent link: https://www.econbiz.de/10013249712
We use linked administrative data from program and earnings records to summarize the 2007 employment rates of Social Security disability program beneficiaries at the national and state levels, as well as changes in employment since 1996. The findings provide new information on the employment...
Persistent link: https://www.econbiz.de/10013037729
This study examines working-age Social Security Disability Insurance and Supplemental Security Income beneficiaries who report having work goals or expectations, referring to these individuals as "work-oriented." The study uses data from the 2004 National Beneficiary Survey matched to...
Persistent link: https://www.econbiz.de/10013037771
Persistent link: https://www.econbiz.de/10013193722
Disability is a complex, evolving and multidimensional concept. According to the World Disability report (2011), disability will be an even greater concern as its prevalence is on the rise due to Ageing Populations as well as the Global increase in chronic health conditions such as diabetes,...
Persistent link: https://www.econbiz.de/10012647260