National Commission on Social Security Reform
E1032598
The National Commission on Social Security Reform, often called the Greenspan Commission, was a bipartisan U.S. body established in the early 1980s to address Social Security’s financial crisis and propose long-term solvency reforms.
All labels observed (1)
| Label | Occurrences |
|---|---|
| National Commission on Social Security Reform canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal commission
ⓘ
advisory body ⓘ presidential commission of the United States ⓘ |
| alsoKnownAs | Greenspan Commission NERFINISHED ⓘ |
| appliesTo | Old-Age, Survivors, and Disability Insurance program NERFINISHED ⓘ |
| appliesToJurisdiction | United States Social Security system NERFINISHED ⓘ |
| appointedBy |
President of the United States
ⓘ
President pro tempore of the Senate NERFINISHED ⓘ Speaker of the House of Representatives NERFINISHED ⓘ |
| chairperson | Alan Greenspan NERFINISHED ⓘ |
| consequence |
extension of Social Security trust fund life
ⓘ
restoration of short-term solvency of Social Security ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| describedIn | Report of the National Commission on Social Security Reform (1983) NERFINISHED ⓘ |
| dissolved | 1983 ⓘ |
| fieldOfWork |
Social Security
NERFINISHED
ⓘ
disability insurance ⓘ old-age and survivors insurance ⓘ public finance ⓘ retirement policy ⓘ |
| hasCharacteristic |
ad hoc presidential commission
ⓘ
bipartisan ⓘ temporary ⓘ |
| hasGoal |
develop bipartisan recommendations on Social Security reform
ⓘ
ensure long-term viability of Social Security ⓘ restore financial solvency of Social Security ⓘ |
| hasLanguage | English ⓘ |
| hasPart |
Democratic Party members
ⓘ
Republican Party members ⓘ |
| inception | 1981 ⓘ |
| influenced | Social Security Amendments of 1983 NERFINISHED ⓘ |
| legislativeAct | Social Security Amendments of 1983 NERFINISHED ⓘ |
| locatedInJurisdiction | federal government of the United States NERFINISHED ⓘ |
| namedAfter | Alan Greenspan NERFINISHED ⓘ |
| numberOfMembers | 15 ⓘ |
| partOf | United States Social Security reform history ⓘ |
| proposed |
coverage of newly hired federal employees under Social Security
ⓘ
gradual increase in Social Security retirement age ⓘ increase in payroll tax rate ⓘ taxation of Social Security benefits for higher-income beneficiaries ⓘ temporary payroll tax acceleration to address short-term financing gap ⓘ |
| reasonForDissolution | completion of mandate ⓘ |
| significantEvent | 1983 report on Social Security reform ⓘ |
| topic |
Social Security trust fund solvency
ⓘ
long-term actuarial balance of Social Security ⓘ short-term Social Security financing crisis of early 1980s ⓘ |
| workPeriod | early 1980s ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Social Security Amendments of 1983
→
basedOnRecommendationsOf
→
National Commission on Social Security Reform
ⓘ