President Bush yesterday appointed John L. Palmer, University Professor and
Dean Emeritus of the Maxwell School of Citizenship and Public Affairs of
Syracuse University, to an unprecedented second term as a Public Trustee of the
Social Security and Medicare Trust Funds.
“There are no more important programs than Social Security and Medicare for
our collective economic and social welfare,” Palmer says, “and I’m honored that
the President has confidence in my ability to continue to serve the nation in
this crucial position.”
Palmer was first appointed to the Board in 2000 by President Clinton, along
with Thomas Saving, an economist at Texas A&M. President Bush reappointed both
men yesterday.
Palmer has extensive public and private sector leadership on issues relating
to economic, budgetary, and social policy. He has a longstanding professional
interest in both Social Security and Medicare and, 20 years ago, wrote one of
the first studies calling attention to the challenges of our aging population to
retirement and health care financing. Palmer was a founding member of the
National Academy of Social Insurance (NASI), a nonprofit, nonpartisan research
and education organization made up of the nation’s leading experts in this area.
He served on the NASI Board of Directors from 1997-2005 and as its president
from 1997-1999.
Palmer was Assistant Secretary for Planning and Evaluation at the Department
of Health and Human Services from 1979-1981 and served as the agency’s Director
of Income Security Policy in the early 1970s. He was also a senior fellow at The
Urban Institute and The Brookings Institution. Palmer served the Maxwell School
as Dean from 1988 until 2003.
Palmer has published 13 books and more than 50 articles on a wide range of
social science and public policy topics, testified before Congress on numerous
occasions, and served on various committees of the National Academy of Sciences’
National Research Council and the Social Science Research Council. He is a
fellow of the National Academy of Public Administration. Palmer earned a Ph.D.
in economics from Stanford University in 1971 and a B.A. in mathematics in 1965
from Williams College
The Board of Trustees is comprised of the Secretaries of the Treasury, Labor,
and Health and Human Services, the Commissioner of Social Security, and two
public members appointed by the President with the advice and consent of the
Senate. The Board is responsible for reporting annually to Congress on the
financial status of the Old-Age and Survivors Insurance (OASI) and Disability
Insurance (DI) Trust Funds, the Hospital Insurance (HI) Trust Fund, and the
Supplementary Medical Insurance (SMI) Trust Fund. The public trustees are
supposed to ensure that the Trust Fund assets are properly managed and that the
administration’s annual reports to Congress are as reliable and objective as
possible. The OASI and DI Trust Funds provide financing for the retirement,
survivors, and disability benefits under Social Security, and the HI and SMI
Trust Funds finance the Medicare program.