Social Security

Social Security - Social Security . or, as it is officially...

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… or, as it is officially known: Old Age, Survivors & Disability Insurance (OASDI) Social Security
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Brief Exercise : Characterize 4 Major "Structural" Characteristics Extra "politically relevant" factors PROGRAM NAME Entitlement? Universal vs. Categorical Cash vs. In-Kind Stringency of Eligibility Funding Source Admin- istration Soc Insur. or Pub Assist? Population Served Typical Amount of Benefit Social Security (OASDI) Unemploy- ment Insurance Temporary Assistance to Needy Families Supple- mental Security Insurance
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 Recall the  types of characteristics  we use to  distinguish  SW programs from each other Entitlement vs. Non-Entitlement Cash vs. In-kind Universal vs. Categorical (or “targeted”) And within categorical its: Means Tested Categories vs. (usually) various disability categories.  Centralized vs. Decentralized  In how programs are FINANCED In how programs are ADMINISTERED.  Location of Funding Location of Administration Social Insurance vs. Public Assistance
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“Coding” Social Security Social Insurance An Entitlement Cash Generally Universal in coverage Financed by dedicated funding stream based on FEDERAL taxes
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Social Security A SET of programs, not just ONE: For the most part OASDI is focused on providing a RETIREMENT
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Social Security - Social Security . or, as it is officially...

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