PUBLIC LAW 103-296—AUG. 15, 1994 108 STAT. 1467 which a successor does not take office at the end of a Deputy Commissioner's term of office, such Deputy Commissioner may continue in office until the entry upon office of such a successor. A Deputy Commissioner appointed to a term of office after the commencement of such term may serve under such appointment only for the remainder of such term. "(3) The Deputy Commissioner shall be compensated at the rate provided for level II of the Executive Schedule. "(4) The Deputy Commissioner shall perform such duties and exercise such powers as the Commissioner shall from time to time assign or delegate. The Deputy Commissioner shall be Acting Commissioner of the Administration during the absence or disability of the Commissioner and, unless the President designates another officer of the Government as Acting Commissioner, in the event of a vacancy in the office of the Commissioner. " Chief Financial Officer "(c) There shall be in the Administration a Chief Financial Officer appointed by the Commissioner in accordance with section 901(a)(2) of title 31, United States Code. "Inspector General "(d) There shall be in the Administration an Inspector General President. appointed by the President, by and with the advice and consent of the Senate, in accordance with section 3(a) of the Inspector General Act of 1978.". SEC. 103. SOCIAL SECURITY ADVISORY BOARD. Section 703 of the Social Security Act (42 U.S.C. 903) is amended to read as follows: "SOCIAL SECURITY ADVISORY BOARD "Establishment of Board "SEC 703. (a) There shall be established a Social Security Advisory Board (in this section referred to as the 'Board'). "Functions of the Board "(b) On and after the date the Commissioner takes office, the Board shall advise the Commissioner on policies related to the old-age, survivors, and disability insurance program under title II and the supplemental security income program under title XVI. Specific functions of the Board shall include— "(1) analyzing the Nation's retirement and disability systems and making recommendations with respect to how the 'old-age, survivors, and disability insurance program and the supplemental security income program, supported by other public and private systems, can most effectively assure economic security; "(2) studying and making recommendations relating to the coordination of programs that provide health security with programs described in paragraph (1); "(3) making recommendations to the President and to the Congress with respect to policies that will ensure the solvency
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