OWCP Compensation Case Study

The other elements of legislation including age retirement, SSDI, SSI, Medicaid and Medicare help each individual for a continuous source of income and to improve their health. However, there are individual who will take advantage of these benefits and is causing damage on each program resource. Congress needs to address how to preserve the benefits for those who truly need them versus the ones who are capable of working to provide for their family. It is predicated by 2033, there will be 2.1 workers for each beneficiary. In order for Social Security to continue functioning the working population has to increase compared to the retired

Two Harvard academics, Susan Starr Sered and Rushika Fernandopulle wrote the article The Morale Hazard Myth. They also were the two authors of a popular book that discussed health care coverage in the United States “Uninsured in America”. The article primarily discussed 2 issues in healthcare that Americans are facing. Along with Americans not having health coverage, there is also an issue of moral hazard. Moral hazard is the concept in health care that says that once someone has insurance they will overuse it and abuse health coverage.

Pension Plans By Tay’veun Glenn Introduction Pensions are known as a retirement account that most employers maintain to give employees who have stayed with the company a payout upon retirement. Most employers give recipients of pension accounts a choice between a lump-sum payment or monthly annuity payments that are based upon the amount of time that the employee worked and their final salary prior to leaving the company. There are different types of pension plans and the use of each one is dependent on the employer. The Governmental Accounting Standards Board and Financial Accounting Standards Board both have to report pensions and have designated different ways to account for it.

The Family and Medical Leave Act of 1993 was established as a requirement for employers to provide leave for their employees when tending to family or medical emergencies. This act guarantees that employees won’t be fired or replaced while away from work due to injury, serious health conditions, childbirth, or family tragedies. The Family Medical Leave Act of 1993 currently gives employees twelve weeks of unpaid leave. The Family Medical Leave Act of 1993 (F,MLA) should grant employees twelve weeks of paid leave instead because it would better assist low-income employees that lack financial resources, prevent families from going into debt, and it lessens the amount of stress on employees.

It will require employers to pay covered employees who are not otherwise exempt at least the federal minimum wage and overtime pay of one-and-one-half-time the regular rate of pay. Department of Labor (DOL) administers and enforces the FLSA with respect to private employment, State and local government employment, and Federal employees of the Library of Congress, U.S. Under the Fair Labor Standards Act (FLSA), "any employer" who violates minimum wage or unpaid overtime compensation laws can be liable for both the shortfall and liquidated damages, which means double the damages. Many employers need to review their payroll budgets and job descriptions to guarantee that changes to salaries and job classifications are all in order by December 1,2016 for any changes to the Fair Labor Standards Act (FLSA).

In order to live a modest life style postal employees had to seek second jobs to make ends meet. The income needed to live unpretentiously was near $11,000.00 annually (Shannon). Without pay increases for 2 years as assured by union leaders, most of the staff was not going to be able to afford to live and feed their families under these circumstances. Working conditions at the post office during this time frame were much different than they are today in the mail industry (Rubio). There was a lack of growth and career opportunities within the organization.

To keep cost down our proposal requires the existing budget to distribute 8% of its current41% funding for long-term care to encompass supplemental income for home-based care. As well the recipients are allowed to maintain their assets and maintain SSI income, which further reduces the government 's financial obligations, Furthermore supplementing income allows caregivers to maintain autonomy themselves and offering

To try to fix the imbalances previously discussed, two main changes have been suggested: take more in and send less out. Currently Social Security is financed by a 12.4% tax on wages and salary, up to $118,500. The ‘take more in’ approach would be executed by raising the tax by 2.9% or removing the cap to close the funding gap. The ‘send out less’ approach is the less accepted approach, because it is seen as more beneficial to those with higher incomes. The main focus of this approach is getting people to retire later, but people with higher incomes enjoy higher life expectancies.

These plans in Texas and Oklahoma allow for the employers to have almost complete control over the medical and legal process after an employee is injured, with no oversight. One of the most problematic things: the employers can choose to settle at any time. Workers must accept whatever is offered to them or they lose all

putting the security of these civilians a risk, defeats the whole purpose of social security, which is why the privatization of Social Security would be foolish. A major risk of privatization is that the transition from a “pay as you go” system to a fully funded system would be very difficult to manage, for many reasons. Currently, the taxes paid by each generation of workers fund the retirement benefits of the previous generation of workers. While each generation of workers has been confident that its retirement would be financed by the next, this confidence is eroding (Pollard 1).

I spoke to Tina Panichi in length about this case. It is established for multiple injuries. The claimant was a volunteer that had no earnings from our employment but he did have concurrent earnings which put his AWW about $1,062.67. He had been receiving total and then it was reduced to marked. Most recently as of 05/09/17, he was picked up on payments because he had more surgery and we have an IME scheduled in July.

Financial security is an aspiration for all families, wanting to secure their lives and not have to worry about the monetary aspects of the world. To have an economic safeguard, such as the Social Security Act, is crucial if someone is unable to work due to illness, age, sudden unemployment or when a provider passes away in order to provide some sort of income in times of need. This demand for insurance truly established itself sometime in the Industrial Revolution, as the United States began to become more forward thinking. However, it did not come to pass due to the short life expectancy in the 1800’s, around thirty-eight years old, and the lack of elderly individuals. As time went on, heading into the 1900’s, life expectancy began to rise and thus, the need for social security followed suit.

As a society we need to accept that it is up to our generation to fix this issue. Reforming Social Security will benefit everyone living in the U.S. in the long run. Restoring Social Security to its once former glory is a necessity to benefit our further generations and to create a better future for the next generation of workers. In order to accomplish this lofty goal I propose that we increase the payroll tax cap to boost Social Security’s funding and reduce benefits for the higher income earners who do not need Social Security as much as others do. The majority of Social Security’s income originates from the Social Security payroll tax.

The review of her residual functional capacity along with her vocational profile exhibits that she is a candidate for Social Security Disability (SSDI). The multiple effects of the hemorrhagic CVA including her current cognitive functioning at an 80 percent level in combination with La Shaun being a person of advanced age according to the Social Security regulations demonstrate that she would be unable to learn a new position. Over six years ago La Shaun was awarded an Associate in Arts degree and her work history consist of semiskilled work in a sedentary setting. La Shaun’s current position as an IRS Claims Processor requires multitasking in a fast-paced environment with the ability to communicate clearly on the phone and in person. La Shaun would not be able to execute the required tasks required by her employer as La Shaun’s ability to communicate has been severely impacted as her dominant side has hemiplegia and her speech is slurred as a result of the stroke.

Efforts in offsetting the losses has caused changes in which could lead to ending Saturday deliveries along with longer delivery times. The rate of inflation would be exceeded as postage stamp prices would be on the rise and possible layoffs could occur, (Source A). The problem could be counteract with the use of a seven day delivery system, which part time arrangements could allow for more part time jobs to Americans and mailing would be faster and more efficient. “Adding incentives” (Source A) to motivate a worker instead of “Paying high wages” would prove a better strategy as it would sustain the amount of money gained and allow for the use of more employees. Although the USPS is already losing money, gambling a risk would potentially allow it to become “the first carrier to reliably deliver all week” which would give them more faith in a system of “spotty service”, (Source