Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Compass
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AimPoint Pension
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CRS Report: Social Security and Social Security Disability Insurance (SSDI) Provisions in the Proposed Bipartisan Budget Agreement of 2015 (PDF)
Congressional Research Service [CRS] [Guidance Overview] Oct. 30, 2015 13 pages. "Among these changes is a temporary reallocation of the Social Security payroll taxes so that a larger share is deposited in the Disability Insurance (DI) trust fund to extend the life of this trust fund beyond its current predicted exhaustion in 2016. Under this provision, the allocation of the 12.4 0% Social Security payroll tax assigned to the DI trust fund would increase from 1.80% to 2.37% and the allocation to the Old-Age and Survivors Insurance (OASI) trust fund would decrease from 10.60% to 10.03%. These changes would last through 2018. In addition, these provisions extend the Social Security Administration's (SSA) demonstration authority for the Social Security Disability Insurance (SSDI) programs, make changes to data and earnings reporting, and increase penalties for benefit fraud." [Report R44250, Nov. 3, 2015] |
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