Government Information

Earl Gregg Swem Library

Status of the Social Security and Medicare Programs: A Summary of the 2016 Annual Reports

A summary of the two reports on the current and projected financial status of the Medicare and Social Security Trust Funds.  From the Social Security Administration


The 2016 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds

Categories: Elderly,Govt Finance,Headlines,Health Insurance,Health/Medical,Medicare/Medicaid,Statistics

Estimates that the trust funds for the Hospital Insurance program will be depleted by 2028, two years earlier than last year’s prediction.  Trust funds for Parts B and D of the program are adequately financed over the next 10 years and beyond because premiums are reset each year to cover expected costs.  From the Centers for Medicare and Medicaid Services


The 2016 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds

Presents the current and projected financial status of the trust funds.  Projects that the combined asset reserves of the OASDI funds will be depleted  in 2034, the same as last year, with 79% of benefits payable at that time.  The Disability Trust Fund will become depleted in 2023, extended from last year’s estimate of 2016.  From the Social Security Administration


Aging of the State Prison Population, 1993-2013

Categories: Crime/Justice,Elderly,Statistics

Over the past two decades the number of state prisoners age 55 or older increased 400% from 3% of the total state prison population to 10%.  This report discusses factors that have contributed to the growing number of older inmates and examines changes in sex, race, current offense and sentencing characteristics of these offenders over time.  From the Bureau of Justice Statistics


Income of the Population 55 or Older, 2014

Categories: Elderly,Income/Poverty,Statistics,Welfare/Social Services

Biennial report which includes more than 100 statistical tables with data on the major sources and amounts of income for people aged 55+ and their poverty status.  Also covers related social insurance and welfare programs.  See also Income of the Aged Chartbook 2014.  From the Social Security Administration


An Aging World: 2015

Categories: Elderly,Headlines,Health/Medical,Population/Census,Retirement/Social Security,Statistics

Estimates that the U.S. population 65+ will nearly double over the next three decades, going from 48 to 88 million by 2050 but that will represent a slower aging rate than many other countries.  Examines the continuing global aging trend with an emphasis on the differences among world regions. Also covers such topics as employment, retirement, life expectancy/health, fertility, and long-term care.  From the Census Bureau


Recommendations and Report for Financial Institutions on Preventing and Responding to Elder Financial Exploitation

Categories: Consumer Info/Protection,Elderly,Financial Crisis/Markets

Offers recommendations and best practices for financial institutions to follow in trying to prevent elder financial abuse and to intervene effectively.  From the Consumer Financial Protection Bureau


Retirement Security: Better Information on Income Replacement Rates Needed to Help Workers Plan for Retirement

Categories: Elderly,Retirement/Social Security

Examines whether and how spending patterns vary by age, key factors used to develop target replacement rates, and the usefulness of such information provided by the Department of Labor.

From the Government Accountability Office


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