Office of The Chief Actuary - United States

United States

The Office of the Chief Actuary (OCACT) plans and directs a program of actuarial estimates and analyses relating to SSA-administered retirement, survivors and disability insurance programs and to proposed changes in those programs. It evaluates operations of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, conducts studies of program financing, performs actuarial and demographic research on social insurance and related program issues, and projects future workloads.

In addition, the Office is charged with conducting cost analyses relating to the Supplemental Security Income (SSI) program, a general-revenue financed, means-tested program for low-income aged, blind and disabled people. The Office provides technical and consultative services to the Commissioner, to the Board of Trustees of the Social Security Trust Funds, and its staff appears before Congressional Committees to provide expert testimony on the actuarial aspects of Social Security issues.


Social Security (United States)
Key articles
  • History of Social Security
  • Social Security Administration
  • Social Security number
Assistance programs
  • Disability Determination Services
  • Retirement Insurance Benefits
  • Social Security Disability Insurance
  • Supplemental Security Income
  • Temporary Assistance for Needy Families
  • Ticket to Work
  • Unemployment benefits
Health care
  • Medicaid
  • Medicare
  • SCHIP
Law
  • Disability fraud
  • FICA
  • Revenue Act of 1942
  • Social Security Act
  • Social Security Act of 1965
  • Social Security Death Index
  • Social Security Trust Fund
  • Windfall Elimination Provision
Other
  • Legacy debt
  • Numident
  • Office of the Chief Actuary
  • Primary Insurance Amount
  • Social Security debate (United States)
  • Social Security Wage Base
  • Years of coverage

Read more about this topic:  Office Of The Chief Actuary

Famous quotes related to united states:

    “Today’s difference between Russia and the United States is that in Russia everybody takes everybody else for a spy, and in the United States everybody takes everybody else for a criminal.”
    —Friedrich Dürrenmatt (1921–1990)

    “We now in the United States have more security guards for the rich than we have police services for the poor districts. If you’re looking for personal security, far better to move to the suburbs than to pay taxes in New York.”
    —John Kenneth Galbraith (b. 1908)

    “Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
    —Lyndon Baines Johnson (1908–1973)

    “Some time ago a publisher told me that there are four kinds of books that seldom, if ever, lose money in the United States—first, murder stories; secondly, novels in which the heroine is forcibly overcome by the hero; thirdly, volumes on spiritualism, occultism and other such claptrap, and fourthly, books on Lincoln.”
    —H.L. (Henry Lewis)

    “Nova Scotia, New Brunswick, and Canada are the horns, the head, the neck, the shins, and the hoof of the ox, and the United States are the ribs, the sirloin, the kidneys, and the rest of the body.”
    —William Cobbett (1762–1835)