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SOCIAL SECURITY

SOCIAL SECURITY administration BALTIMORE, MD 21235-0001 SOCIAL SECURITY office of the Chief actuary December 8, 2016 The Honorable Sam Johnson Subcommittee on SOCIAL SECURITY Committee on Ways and Means United States House of Representatives Washington, 20515 Dear Chairman Johnson: I am writing in response to your request for estimates of the financial effects on SOCIAL SECURITY of 6489, the SOCIAL SECURITY Reform Act of 2016, which you introduced today. The estimates provided here reflect the intermediate assumptions of the 2016 Trustees Report. This Bill (hereafter referred to as the proposal) includes fifteen provisions with direct effects on the SOCIAL SECURITY Trust Funds. The estimates and analysis provided here reflect the combined effort of many in the office of the Chief actuary , but most particularly Karen Glenn, Christopher Chaplain, Daniel Nickerson, Kyle Burkhalter, Michael Clingman, Anna Kirjusina, Katie Sutton, and Tiffany Bosley.

SOCIAL SECURITY ADMINISTRATION BALTIMORE, MD 21235-0001 . SOCIAL SECURITY Office of the Chief Actuary . December 8, 2016 . The Honorable Sam Johnson . Subcommittee on Social Security . Committee on Ways and Means . United States House of Representatives . …

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