Mission statement |
The Office of the Chief Actuary (OCACT)
plans and directs a program of actuarial estimates and analyses
relating to SSA-administered retirement, survivors and disability
insurance programs and to proposed changes in those programs. It
evaluates operations of the Federal
Old-Age
and Survivors Insurance Trust Fund and the Federal
Disability Insurance Trust Fund, conducts
studies of program financing, performs actuarial and demographic
research on social insurance and related program issues, and projects
future workloads.
In addition, the Office is charged with conducting cost analyses
relating to the Supplemental Security Income (SSI) program, a general-revenue
financed, means-tested program for low-income aged, blind and disabled people.
The Office provides technical and consultative services to the Commissioner,
to the Board of Trustees of the Social Security Trust Funds, and its
staff appears before Congressional Committees to provide expert testimony
on the actuarial aspects of Social Security issues. |