[Federal Register Volume 60, Number 155 (Friday, August 11, 1995)]
[Notices]
[Pages 41142-41143]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-19910]



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SOCIAL SECURITY ADMINISTRATION


1994-95 Advisory Council on Social Security; Meeting

AGENCY: Social Security Administration.

ACTION: Notice of public meeting.

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SUMMARY: In accordance with the Federal Advisory Committee Act, this 
notice announces a meeting of the 1994-95 Advisory Council on Social 
Security (the Council).

DATES: Thursday, August 31, 1995, 9 a.m. to 5 p.m. and Friday, 
September 1, 1995, 9 a.m. to 3 p.m.

ADDRESSES: The Embassy Row Hotel, 2015 Massachusetts Avenue, NW, 
Washington, DC 20036, (202) 265-1600.

FOR FURTHER INFORMATION CONTACT: By mail--Dan Wartonick, 1994-95 
Advisory Council on Social Security, Suite 705, 1825 Connecticut 
Avenue, NW, Washington, DC 20009; By telephone--(202) 482-7117; By 
telefax--(202) 482-7123.

SUPPLEMENTARY INFORMATION:

I. Purpose

    Under section 706 of the Social Security Act (the Act), the 
Secretary of Health and Human Services (the Secretary) appoints the 
Council every 4 years. The Council examines issues affecting the Social 
Security Old-Age, Survivors, and Disability Insurance (OASDI) programs, 
as well as the Medicare program and impacts on the Medicaid program, 
which were created under the Act.
    In addition, the Secretary has asked the Council specifically to 
address the following:
     Social Security financing issues, including developing 
recommendations for improving the long-range financial status of the 
OASDI programs;
     General program issues such as the relative equity and 
adequacy of Social Security benefits for persons at various income 
levels, in various family situations, and various age cohorts, taking 
into account such factors as the increased labor force participation of 
women, lower marriage rates, increased likelihood of divorce, and 
higher poverty rates of aged women.
    In addressing these topics, the Secretary suggested that the 
Council may wish to analyze the relative roles of the public and 
private sectors in providing retirement income, how policies in both 
sectors affect retirement decisions and the economic status of the 
elderly, and how the disability insurance program provisions and the 
availability of health insurance and health care costs affect such 
matters.
    The Council is composed of 12 members in addition to the chairman: 
Robert Ball, Joan Bok, Ann Combs, Edith Fierst, Gloria Johnson, Thomas 
Jones, George Kourpias, Sylvester Schieber, Gerald Shea, Marc Twinney, 
Fidel Vargas, and Carolyn Weaver. The chairman is Edward Gramlich.
    The Council met previously on June 24-25, 1994 (59 FR 30367), July 
29, (59 FR 35942), September 29-30 (59 FR 47146), October 21-22 (59 FR 
51451), November 18-19 ( 59 FR 55272), January 27, 1995 (60 FR 3416), 
February 10-11 (60 FR 5433), March 8-9 (60 FR 10091), March 10-11 (60 
FR 10090), April 21-22 (60 FR 18419), May 19-20 (60 FR 24961), June 2-3 
(60 FR 27372) July 27-28 (60 FR 35097). 

[[Page 41143]]


II. Agenda

    The following topics will be presented and discussed:
    * Previously developed plans that would revise the OASDI program 
along different lines (including the possible use of relatively small 
individual accounts on a voluntary or mandatory basis);
    * Plans to restructure Social Security that would involve the use 
of larger notional and/or funded individual accounts, including a 
discussion of transition issues and options;
    * Changes affecting voluntary private pensions and individual 
retirement saving, including recent initiatives of the Departments of 
Treasury and Labor, the concept of indexed bonds, and proposals of the 
Committee for Economic Development.
    * As time permits, various OASDI program issues, such as the 
structure of family benefits.
    The meeting is open to the public to the extent that space is 
available. Interpreter services for persons with hearing impairments 
will be provided. A transcript of the meeting will be available to the 
public on an at-cost-of duplication basis. The transcript can be 
ordered from the Executive Director of the Council.

(Catalog of Federal Domestic Assistance Program Nos. 93.802, Social 
Security-Disability Insurance; 93.803, Social Security-Retirement 
Insurance; 93.805, Social Security-Survivors Insurance)

    Dated: August 4, 1995.
David C. Lindeman,
Executive Director, 1994-95 Advisory Council on Social Security.
[FR Doc. 95-19910 Filed 8-10-95; 8:45 am]
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