Lets give them a good round of applause. [applause] its a chock full day. Youll start hearing people give you insight to Social Security and a lot of it in depth of the actuarial perspective which are the lifeblood of the Social Security so youll be hearing but the key to this day, in my view and i hope to be here the whole day, is the last session real have a chance to put together a Social Security long term solvency program. Youll hear a lot of the options discussed and to do it yourself. This is an amazing city. I relocated here last july from new york, you might be surprised to think im from new york and what i love about the city is that everyone is connected. Im taking over this morning and my driver says where can i take you and my driver said i told him the barber center. Barbara jordan, theres a center named after Barbara Jordan and i said yes, did you know who she was. He said not only do i know she was but i had a radio show in washington, 50 years ago on the station it doesnt exist, wo okay and i interviewed Barbara Jordan before anyone knew she was pretty had been elected to congress yet. I interviewed her and i said to myself this woman will make history. He was shocked that there was a building named after her. This is what i love about washington. Everyone is connected to someone else. A couple of things that are a housekeeping nature that we like you to do relief today. One is there is a white sheet thats the evaluation of the program and this means a lot to us so please relief today fill it out so that we can assess the presentation themselves. And if you want to participate in the door prize you got to stay for the whole day. Hows that for an incentive . In lunch you need to fill out a card and that will make you eligible for the door prize itself. Before we kick off our first panel i thought we should play a game and the game is called who said this . I will review some quotes and see if you can guess who said this. These are all famous, political figures. If no one gets it without a hint i will give you one hint. I was going to impersonate each of the people until i heard cspan was here in is that i cannot embarrass myself in my family was glued to the tv set right now. Who said this question should any Political Party attempt to abolish Social Security and unappointed insurance you are not here that party again in our political history. Who do you think said that . Hint, a former president of the United States. Who said truman . Close. A former republican president of the United States. Nope, not reagan. Dwight eisenhower. Good, you got one. Number two, this is not a political figure but some i thank you know. One line i draw on how to keep Social Security future is on raising the eligibility age for Social Security and medicare. Sounds fair since people are living longer but it isnt. Lower income workers are the ones who find it hardest to keep working after 65 and they will get penalized with lower benefits. Hence, its a columnist. A female columnist. For the new york times. Not marine doubt, i wish marine would write some villages. Gail collins. Shes been doing great work on this. Said this . I dont believe theres a red state in america where people believe you should cut medicare and Social Security. Current member of the senate. From a blue state. Not a democrat. Bernie who said bernie . Very good. Bernie sanders. Number four, listen carefully. There is a lot of room for improvement in Social Security. We owe our children the most financially sound system possible. They deserve to be protected by it. Senator, republican, a leader of the party, mitch mcconnell. Amazing, right . Who said this . Here is what i would tell people of my generation, 40 and older, there isnt going to be Social Security. There isnt going to be it if we dont make some forms to save the program now. Take a wild guess. Got the party right, other side of the congress, a senator, iran for president. My generation, no, not john mccain. Marco rubio. Good. Is a marco rubio quote when he turned 40. We will keep the promise of Social Security by taking responsible steps to strengthen it, not by turning it over to wall street. Who do you think said that . Its a former president. No. A recent former president. Barack obama. You got to now, youre ahead of the pack. A few more in the will turn it over to more substance discussion. Actually, let me go to heres one thats important. Its time to stop the raid on the Social Security trust fund and start allowing americans to invest their Social Security taxes in personal savings accounts. You think said that . No, you wouldve thought it would of been george bush because thats what he tried to do but its someone who is in government today. Not paul ryan. Youll keep saying paul ryan until you get it right. [laughter] he is in the administration today. He is the Vice President of the United States. Mike pence. Two more to go. I have a statement on Social Security and i consider it a breach of faith to renege on its promise that it would be a rotten thing to do. Do you think said that . This goes back a long time in history. He was a congressman, one of the most powerful congressmen of his time in the early 80s. Tip oneill. Excellent. Heres the last one. Im going to keep Social Security without change except im going to get rid of the waste, fraud and abuse. Candidate donald trump. Point of all of this is that a lot of things have been said about Social Security and a lot of it based on misconception, misunderstanding and myth. That is why today we are demystifying this program. I hope you have a meaningful day. Let me turn it over to the executive and will start the next panel. Thank you. [applause] thank you, bill. Good morning everyone. Thank you for taking the time to come today. I know theres other things competing for your time and i hope you will find it satisfying. In particular, my colleague has put tremendous thought into making it a day that would be useful to you and fun and interactive and we encourage you to prepare questions. Restarting our two panels provide Background Information on Social Security, why it is a born, how it is financed and will try to leave a lot of time at the end of the sessions for questions. Keep those in mind as we go. The rest of the day starting around 11 00 will be interactive with discussion among your tables, presentations, debate and it should be a fun day. My background is in social comparative policy they spent most of my career in europe, germany, and in some extent, france. Ive done work on International Social policy. If youre interested in talking i have one probably cure from japan. Welcome. Hes studying the american Pension System to help inform the understanding of the japanese system. If you are interested in that i be happy to work with you on that and talk with you today or with you in the future. I also want to thank our staff, elliot and alexander, for putting in the work in janel on our comp steam for making this possible. Thank you. I know that jill and janel would appreciate me alerting you to our. Its on the screen. If you want to tweet during any of the sessions, to your thoughts or remarks please do. We want to create a lively twitter presence this event, as well. We encourage you to participate. There are good briefs in your packet that you might find helpful beyond today. There is one on Social Security finances and i highly recommend to you on call the one system, two funds and three insurance perspective. It is not simply individual savings for retirement but an Insurance Program where you pay in and have protection, a variety of protections in the does a good job of explaining that. Like to welcome our panelist. First, im going to read the full biographies because i think it is important since where you are all Young Professionals and where they got today in the past that they took in the positions they assumed over the course of the careers because it might be interesting for you to see the different pathways available to you. An executive director is an Excellent Organization and the National Member is parading into generally strategies and programs. This is coordinated. [inaudible] [inaudible] under her leadership legislation is passed to help families in areas from housing to family caregiving to child welfare. She received her masters of social work from syracuse university. She is a social worker. She was the National Academy of social insurance intern in 2000. Many of our interns have gone on to careers in social insurance field. Lisa has been advocating to protect the rights and improve the Economic Security of people with disabilities posting on the Social Security dispel the Interest Program and supplemental security program. Healthcare including medicare and medicaid, employment programs, and Longterm Services for the past 18 years. Which is a vice chair of the board of directors for citizens with disability as well as the cochair for this Social Security tax. Shes worked so security initiation on capitol hill for republican and democratic chairman of the Senate Health education, labor and pensions committee. You can see theres a range of career path that you can take if youre interested in working in this field. She received her jd cum laude from georgetown and a masters in debt for an mba from northwestern university. Our third panelist had another event and she will be coming to us in the middle of the panel because she had to finish up her previous speaking engagement. I will introduce her british the founder, president , ceo of Global Policy solutions, social change in strategy form and the center for the nonprofit think an Excellent Organization. She started her own organizati organization, both nonprofit and forprofit arm on social policy field. Dedicated to making policy work for the people and their environment more than 20 years of experience in the government, notforprofit in business sectors, she directed Effective Research for philanthropic, academic clients. [inaudible] shes a member of the National Academy of social insurance, the National Black political scientists and the Insight Center of color network. She holds a ba in clinical science from mass medications from a m university. She is a board member of the National Academy of social insurance. With that, i welcome our panelist. Good morning. Its an honor to be here. As was mentioned, i was a 2000 intern and i have to say that there was nothing it was a big part of my inspiration for my career in washington dc after being a social worker for number of years and the connections i made during my internship really were key in terms of building connections here in washington. Hang on to those connections and work them. They are important and its a privilege to be an alumni of this program. I am here to talk about Social Security is a program for all generations and to give you a little bit of background on my organization will help the context for that. Generations united was founded in the mid 1980s when there was a talk about hitting the generations against each other. We have an image of an older person in a younger person back to back in the image you have here is that there are each going to walk ten spaces, turnaround, shoot in the last person standing get the resources. This is not an image we felt was helpful and its not reality. So, at that time, generations united was founded then by the National Council on aging, aarp and the Childrens Defense Fund to say we are actually a Caring Society and we recognize that investments in one generation actually benefit the other and investments in the Younger Generation benefits old and older, young. We all live in families and we need to be advocating together and looking at ways we can connect our communities and care for each other. With that in mind, we focus on issues that connect the generation and certainly Social Security epitomizes a program that shows our independence as a community and recognize that when we are so together the fabric of our communities we are sowing the social compact that makes us healthy and strong as a country. Independence, interdependence is a good thing and we need to support and nurture thats. I will focus on Social Security being more than a Retirement Program. We have a lot of folks familiar with the Social Security in Retirement Program and we have on the disability component and i will focus specifically on how Social Security benefits children and youth throughout its multiple components. On that note, we actually know that more than 6. 5 million children receive Social Security as part of their Family Income. In 2016, the Social Security administration distributed 2. 6 billion each directly to benefit children. In fact more benefits go to children from Social Security than any other federal program. Lets talk about the types of Social Security that benefit families and children. It is a Family Support program and will start with the survivors benefit which is perhaps the most obvious benefit for children. Survivors goes to unmarried children who are under 18 and it is actually the only life Insurance Program for the vast majority of the children and the United States and protects 90 of children in the case where they would lose a parent. I want to tell you a story where we are playing guessing games this morning. I want to tell you a story of a couple of successful individuals that benefited from Social Security. We will start with randy. When frannie was a baby she lost her father who was a decorated world war ii veteran in a car accident. She left her mother widowed with five kids including frannie. As soon as frannies younger sister started school her mom got a job working hours in a supermarket. Her paycheck in a small widowed benefit and survivors benefits from Social Security werent always enough to keep the heat on during the main winters but they did put food on the table. You can guess who frannie is. Penny is married to senator al franken. Next, when his father died unexpectedly from a heart attack a 16 yearold boy and his family were left to fend for themselves. However, they had Social Security survivors benefits to help them. This individual said i did a lot of growing up fast then and it gave me a pretty cold, quick lesson which was that life is short so make the best of it. Social security was key in providing for his family. That young mans name is paul. Any guesses . [laughter] you finally got it. Thats right. Next, i want to mention the disability benefit in terms of the benefit for children. This disability a benefit for Social Security not only do adults that have disabilities get to benefit themselves but if they are caring for children there is an additional child benefit that is really critical for children. We have more than 400,000 in disability benefits that are provided and it serves approximately 17 million children. Next we will go to the retirement benefit. Again, folks are familiar typically with retirement as a program for retired adults but did you know that there is actually Retirement Benefits for children. That is available to dependent children for retired individua individuals. We have more than 350,000 children receiving a benefit. This benefit is particularly important to families that we refer to as granite families and thats families were grandparents or other relatives are raising children. This particular picture is woman who was raising her grandson who has fetal alcohol syndrome and she needs to provide fulltime care for him so its a Critical Program in situations like that. We know that about 7. 6 million children across the country live in households that are headed by a grandparent or another relative and two and half million of those families neither of the child parents are present so we know the grandparents or other relative is providing full