In the first place, the Social Security Administration has announced that the Agency slashes “Cooperative Agreements”. As a matter of fact, this effort is made in order to support President’s Executive Order.
Therefore, it implies the ending of the RDRC, which is the Retirement and Disability Research Consortium, cooperative agreements. By now, many of you must be wondering why this is done.
What is the main goal of this Social Security measure?
Actually, the main reason why the Social Security Administration is carrying out this measure is that it is a way of “ending radical and wasteful Government DEI Programs and Preferencing”.
Bear in mind that eliminating their RDRC Cooperative Agreements is a way to follow President Donald Trump’s goal. Keep in mind that one of his priorities is to stop wasteful and fraudulent contracts as well as initiatives, stated Social Security’s Acting Commissioner Lee Dudek.
The Acting Commissioner also claimed that they would carry on getting rid of abuse and waste so as to get back America’s confidence and trust in one of the most important agencies in the United States.
How much money will this measure save Social Security?
According to SSA, Americans would save 15 million dollars after this change. Hence, terminating RDRC Cooperative Agreements means it brings cost savings for all hardworking Americans in fiscal year 2025.
But why did Social Security previously enter into RDRC Cooperative Agreements with research centers? Apparently, it included a focus on research addressing DEI in Social Security, retirement, and disability policy.
Another important change that the Administration has announced is the organizational realignment of the functions provided by its OARO. OARO stands for Office of Analytics, Review, and Oversight. Once again, the main purpose of this change is to eliminate fraud, waste, and abuse, just like President Donald Trump stated.