Obama to Nominate Colvin as Commissioner of Social Security Administration

President Barack Obama will nominate Carolyn Watts Colvin as commissioner of the Social Security Administration, the White House announced June 20. Colvin has experience within the retirement and disability benefit program, as acting commissioner since Michael Astrue, who was nominated by President George W. Bush, left the post in February 2013 and before that as deputy commissioner beginning in January 2011. Joyce Rogers, AARP senior vice president of government affairs, says Colvin would have an opportunity “to add an important …

The Takeaway: DOJ Asks Supreme Court to Weigh Health Care Law; Federal Pensions Face Major Shortfall

U.S. Department of Justice asks Supreme Court to rule on the constitutionality of the individual health insurance mandate, a key part of Barack Obama's health care reform law … Retirement plans for veterans, members of Congress and other federal employees cost the U.S. government almost as much as the Social Security system.