Improving Income Security for Older Women in Retirement Current Issues And Leg

Cover Improving Income Security for Older Women in Retirement Current Issues And Leg
Improving Income Security for Older Women in Retirement Current Issues And Leg
United States Congress Senate Special Committee
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'^e poverty threshold for those aged 15-64 in 1991 was S7, 086; annual SGA was $6, 000; and, the minimum wage was S8, 700.
"An individual who works and earns S500 (SGA) and receives the average SSDI benefit (as of January 1991) of S609 would have an income of S13308 plus Medicare.
15 73 When indexing the SGA was discussed at the Disability Advisory Council, two concerns were voiced: cost, and potential disincentive to those people with disabilities who are already working at low-income employme
...nt. Some felt the potential of an annual increase in SGA would compel low- and moderate-income individuals without medical coverage to leave the full time workforce and go on the disabUity rolls.
3) Current Law for Counting Earnings . People with disabilities who work may end the month with httle or no money. Possibly, their earnings exceed SGA but they must pay for services and assistive devices to help them "accomplish" work. To remove some of the work disincentive for those facing this "Catch-22", SSA allows the items and services a person needs to do his work to be deducted from the calculation of his earnings for the purposes of determining SGA.


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