Social Security: GAO's Analysis of the Notch Issue (Testimony, 09/16/94,
GAO/T-HEHS-94-236).
GAO has been studying the Notch issue for more than eight years and has
testified before Congress many times. This testimony briefing covers the
critical matters that GAO believes the Commission on the Social Security
Notch Issue must deal with in addressing the Notch issue in 1994. In
summary, GAO concludes that retirees in the notch group who claim an
inequity are comparing themselves to a group of retirees who received
benefits based on an overgenerous formula. In Congress chooses to pursue
legislation, it should consider several factors, particularly the cost
of financing any legislation.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: T-HEHS-94-236
TITLE: Social Security: GAO's Analysis of the Notch Issue
DATE: 09/16/94
SUBJECT: Supplemental security income
Retirement benefits
Social security benefits
Federal social security programs
Entitlements
Financial analysis
Cost effectiveness analysis
Beneficiaries
Elderly persons
IDENTIFIER: Social Security Disability Insurance Program
Old Age and Survivors Insurance Trust Fund
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