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.

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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

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Social Security Amendments of 1983 basedOnRecommendationsOf National Commission on Social Security Reform