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The future of Social Security Disability Insurance

Author

Listed:
  • Mary C. Daly
  • Brian Lucking
  • Jonathan A. Schwabish

Abstract

Social Security Disability Insurance is projected to be insolvent before the end of the decade. How best to restore the program to long-term financial health depends on what has been driving its rapid growth. Demographic shifts and other predictable factors explain part of the increase. But a sizable share reflects increasing participation in the program across population groups. Curbing this growth is important for putting the program back on a sustainable fiscal path.

Suggested Citation

  • Mary C. Daly & Brian Lucking & Jonathan A. Schwabish, 2013. "The future of Social Security Disability Insurance," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue june24.
    • Handle: RePEc:fip:fedfel:y:2013:i:june24:n:2013-17
    as

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    File URL: http://www.frbsf.org/economic-research/publications/economic-letter/2013/june/future-social-security-disability-insurance-ssdi/el2013-17.pdf
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    References listed on IDEAS

    as
    1. Congressional Budget Office, 2012. "Policy Options for the Social Security Disability Insurance Program," Reports 43421, Congressional Budget Office.
    2. David H. Autor & Mark G. Duggan, 2003. "The Rise in the Disability Rolls and the Decline in Unemployment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(1), pages 157-206.
    3. Congressional Budget Office, 2012. "Policy Options for the Social Security Disability Insurance Program," Reports 43421, Congressional Budget Office.
    4. Congressional Budget Office, 2012. "Policy Options for the Social Security Disability Insurance Program," Reports 43421, Congressional Budget Office.
    5. Richard V. Burkhauser & Mary C. Daly, 2012. "Social Security Disability Insurance: Time For Fundamental Change," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 31(2), pages 454-461, March.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Social security; Disability insurance;

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