TAILIEUCHUNG - Management’s Discussion and Analysis

The Department of Fisheries and Oceans has maintained an active seal research program for many years. This program is aimed at better understanding seal populations fluctuations and the factors that influence them, as well as the role of seals in marine ecosystems. Recently, most of the research has focussed on the population dynamics and the predation on fish by seals. Studies on these aspects will continue to gain a better understanding of seal populations and of their interactions with other components of their ecosystem. Other aspects of the seal science program include the monitoring of the health, growth and condition of seals. | Management s Discussion and Analysis Overview of the Social Security Administration Mission To advance the economic security of the nation s people through compassionate and vigilant leadership in shaping and managing America s Social Security programs. The Social Security Programs and How They Benefit the Public Few government agencies touch the lives of as many people as the Social Security Administration SSA . There are about 53 million individuals one in six of the total population who receive monthly Social Security or Supplemental Security Income SSI benefit payments. Through their payroll taxes almost all workers are earning valuable Social Security coverage for themselves and their families. The following table provides the number of individuals receiving Old-Age Survivors and Disability Insurance OASDI SSI programs and the combined programs. Over the ten year period from the beginning of October 1996 through the end of September 2005 the number of Old-Age and Survivors Insurance OASI beneficiaries has grown by 6 percent Disability Insurance DI by 37 percent and SSI by 10 percent. Number of Beneficiaries as of September 30th of Each Year In Millions 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 OASI DI SSI and OASDI SSI only Total1 Source Social Security Administration s Master Beneficiary Record and Supplemental Security Record 1Sum of OASI DI and SSI only The combined OASDI programs provide a comprehensive package of protection against the loss of earnings due to retirement disability and death. Monthly cash benefits are financed through payroll taxes paid by workers and their employers and by self-employed persons. Social Security benefits are intended to replace a portion of these lost earnings but people are encouraged to supplement

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