Thursday, January 10, 2013

A Caveat in Creating an Online Social Security Account

A 49-year-old employee of the Social Security Administration (SSA) has been arrested and charged with accessing child pornography at work, according to the U.S. Attorney's Office. Thomas Joseph Barrett, of Lynnwood, was arrested at the SSA's OfficialAs the New York Times reports with a mixture of shock and disgust, Social Security is a whole lot more unsustainable than we had originally thought. The reason? Apparently, the feds use outdated, inaccurate, and oftentimesSocial Security recipients can now get verification letters online, which can help people who need one to qualify for loans or reduced rent programs.Although it has been artfully re-branded as “the problem of entitlements”—a change that couples it with spiraling Medicare costs and implies that the “entitled” get something they want, but do not deserve—the basic idea that Social Security is inThe pair's core finding, as presented in the Times: “ he Social Security Administration underestimates how long Americans will live and how much the trust funds will need to pay out — to the tune of $800 billion by 2031.”
Related External LinksLocals react to increase in Social Security payroll tax | TribLIVEChanges coming to monthly Social Security checks - KFOR Channel 4A Caveat in Creating an Online Social Security Account - NYTimes

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