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Dean John L. Palmer is now one of only two public trustees of Social Security and Medicare.

he Maxwell School’s long tradition of involvement in the issues of social insurance and income security took a new twist this fall when Dean John L. Palmer was named to the Social Security and Medicare Board of Trustees. Confirmed by the Senate in October, Palmer was named as one of two public trustees, along with Thomas R. Saving, an economist from the Bush School at Texas A&M University.

The Board of Trustees oversees the Social Security and Medicare trust funds and is made up of three cabinet Secretaries (Treasury, Labor, and Health and Human Services); the Commissioner of Social Security; and two public trustees from the private sector, who are independent experts. Each year, they report on the status of the funds and provide short-range projections of the funds for the next 10 years and long-range projections for the next 75 years. Researchers and experts use these projections in developing policy recommendations.

“The public trustees’ primary role is to represent the interests of the citizenry,” says Palmer. “Since the other trustees are all members of the Administration, the public trustees provide additional assurance to the Congress and the nation.”

Those who know Palmer are not surprised by his appointment. His professional experience makes him uniquely qualified for the post. Palmer has a long-standing professional interest in both Social Security and Medicare and wrote one of the first studies calling attention to the challenges of our aging population to retirement and health care financing. He 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 on income security. He served as NASI president from 1997 to 1999 and is currently a member of its board of directors.

Palmer was Assistant Secretary for Planning and Evaluation at the Department of Health and Human Services from 1979 to 1981 and served as the agency’s Director of Income Security Policy in the early seventies. He was also a senior fellow at the Brookings Institution and The Urban Institute. In addition, he’s written 12 books and more than 50 articles on a wide range of social science and public policy topics.

Palmer’s four-year Board of Trustees term was to begin with his swearing-in ceremony in late November.

“This next period of time could be crucial to the program,” says Palmer. “There are a lot of major issues in regard to Social Security that have been discussed as part of the campaign, that are pressing, and that are on the public agenda. I hope to help steward the program through whatever changes may occur and to help it better serve the needs of the population.”

The primary purview of the Board of Trustees is the financial soundness of the trust funds. “I don’t have a particular agenda as to what I think the changes in the program ought to be,” Palmer says. “My job is to make sure they’re done thoughtfully, that changes are made in a way to ensure and strengthen the program over time, and that there’s adequate provision for financing those changes.”

“There are no more important programs than Social Security and Medicare for our collective economic and social welfare,” says Palmer. “I’m honored that President Clinton and the Congress have confidence in my ability to serve the nation in this crucial position.” 

—RGL

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This article appeared in the Fall 2000 print edition of Maxwell Perspective; © 2000 Maxwell School of Syracuse University. To request a copy, e-mail dlcooke@maxwell.syr.edu.