Download or read book Impact of Proposals to Reduce Social Security written by and published by . This book was released on 1983 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact of Proposals to Reduce Social Security Cost of living Adjustments written by United States. Congress. House. Select Committee on Aging and published by . This book was released on 1982 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social security reform proposals could have a variety of effects on distribution of benefits and payroll taxes testimony before the Special Committee on Aging U S Senate written by and published by DIANE Publishing. This book was released on with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of the National Commission on Social Security Reform written by United States. National Commission on Social Security Reform and published by . This book was released on 1983 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impact of Administration s Social Security Proposals on Present and Future Beneficiaries written by Richard Lehrman and published by . This book was released on 1981 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Future of Social Security for this Generation and the Next written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1999 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatizing Social Security written by Martin Feldstein and published by University of Chicago Press. This book was released on 2008-04-15 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest
Download or read book The Distributional Aspects of Social Security and Social Security Reform written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-11-01 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social security is the largest and perhaps the most popular program run by the federal government. Given the projected increase in both individual life expectancy and sheer number of retirees, however, the current system faces an eventual overload. Alternative proposals have emerged, ranging from reductions in future benefits to a rise in taxrevenue to various forms of investment-based personal retirement accounts. As this volume suggests, the distributional consequences of these proposals are substantially different and may disproportionately affect those groups who depend on social security to avoid poverty in old age. Together, these studies persuasively show that appropriately designed investment-based social security reforms can effectively reduce the long-term burden of an aging society on future taxpayers, increase the expected future income of retirees, and mitigate poverty rates among the elderly.
Download or read book Social Security written by Larry W. DeWitt and published by CQ Press. This book was released on 2008 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Documentary History tells the story of the creation and development of the U.S. Social Security program through primary source documents, from its antecendents and founding in 1935, to the controversial issues of the present. This unique reference presents the complex history of Social Security in an accessible volume that highlights the program's major moments and events.
Download or read book Impact of Proposals to Reduce Social Security written by and published by . This book was released on 1983 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proposals to Liberalize the Social Security Retirement Test and to Repeal Certain Social Security Benefits written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1989 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security and Its Discontents written by Michael Tanner and published by Cato Institute. This book was released on 2004 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tanner (Cato Project on Social Security Choice) brings together work by leaders in Social Security reform, examining problems of the current system and offering proposals for reform. Contributors in economics, law, and philosophy, many affiliated with the Cato Institute, examine aspects of the problem related to issues such as property rights, the impact of Social Security reform on low-income workers, and how stock market declines affect the reform debate. They advocate allowing younger workers to privately invest their Social Security taxes through individual accounts.
Download or read book Social Security Reform written by Peter A. Diamond and published by OUP Oxford. This book was released on 2002 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Also considered are the risks in the political process."--BOOK JACKET.
Download or read book Social Security Reform written by Barbara D. Bovbjerg (ed) and published by DIANE Publishing. This book was released on 2005-09 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sooner our nation acts to address Social Security's long-term financial challenges, the easier it will be to successfully meet them. The choices are not difficult to understand, but they are difficult to make. They affect both how much Americans pay for Social Security & how much they receive from the program. They require changes that not only will affect us but have implications for future generations. This guide provides answers to questions about the most basic aspects of Social Security & reform issues in a concise & easy-to-understand format. It provides straightforward answers to how Social Security works, why it needs reform, what the basic options are, & how to assess their implications.
Download or read book Retirement Effects of Proposals by the President s Commission to Strengthen Social Security written by Alan L. Gustman and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The President's Commission to Strengthen Social Security has proposed a number of changes in Social Security, each of them introducing personal accounts funded from a portion of payroll tax receipts, and in one case, out of additional contributions. These changes are presented in the form of three separate models. In addition to establishing personal accounts, provisions of these proposals would reduce the rate of growth in benefits, increase actuarial adjustments in benefits, increase benefits for low wage workers and survivors, and reduce the maximum benefit payable to those with highest covered earnings. This paper simulates the retirement effects of the various elements of the proposals made by the President's Commission. Simulations are based on a structural dynamic model of retirement and saving, estimated with data from the first five waves of the Health and Retirement Study. The model posits that lifetime expected utility is constrained by an asset accumulation equation and an uncertain lifetime. Retirement preferences and time preferences are both allowed to be heterogeneous among workers, allowing the model to capture the peaks in retirement at both ages 62 and 65. Simulating over the next 75 years, the model suggests that, holding other market adjustments constant, growth in real wages paid over the lifetime would cause the fraction of individuals working full time at age 62 to decline by 8.7 percentage points, or almost fifteen percent. The effect of the Commission's proposals is to provide individuals with incentives to delay their retirement substantially. Altogether, models 2 and 3 of the Commission's proposals would reduce retirements from full-time work by about 5 and 3 percentage points respectively, almost halving the increase in retirements due to higher real wages. The largest effects on retirement from the Commission's proposals come from a provision in their model 2 that would keep benefits roughly constant in real terms. Compared to current law, which allows benefits to grow with wages, in 2075 this provision would increase the fraction of those 62 years old at full-time work by about 7 percentage points. Indexing benefits to life expectancy, as in Model 3, would lower the effect to 4 percentage points, about the same effect as allowing the system to continue, and after the trust fund is exhausted, paying benefits proportional to revenue. By 2075 a proposal in the Commission's model 3 to reduce benefits of early retirees, but raise the actuarial adjustment for those who postpone retirement past the normal retirement age, would create a 3.4 percentage point increase in full-time work for those 65 years old, increasing the number of 65 year olds working full-time by fifteen percent. Personal accounts would, by themselves, reduce full time work by 1.5 to 2.5 percentage points. Other elements of the proposals, including increasing benefits for low wage workers and reducing benefits for high wage workers, would produce only very modest changes in retirement behavior, even within affected groups.
Download or read book Budget Options written by United States. Congressional Budget Office and published by . This book was released on 1977 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Growing Gap in Life Expectancy by Income written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2015-09-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. population is aging. Social Security projections suggest that between 2013 and 2050, the population aged 65 and over will almost double, from 45 million to 86 million. One key driver of population aging is ongoing increases in life expectancy. Average U.S. life expectancy was 67 years for males and 73 years for females five decades ago; the averages are now 76 and 81, respectively. It has long been the case that better-educated, higher-income people enjoy longer life expectancies than less-educated, lower-income people. The causes include early life conditions, behavioral factors (such as nutrition, exercise, and smoking behaviors), stress, and access to health care services, all of which can vary across education and income. Our major entitlement programs - Medicare, Medicaid, Social Security, and Supplemental Security Income - have come to deliver disproportionately larger lifetime benefits to higher-income people because, on average, they are increasingly collecting those benefits over more years than others. This report studies the impact the growing gap in life expectancy has on the present value of lifetime benefits that people with higher or lower earnings will receive from major entitlement programs. The analysis presented in The Growing Gap in Life Expectancy by Income goes beyond an examination of the existing literature by providing the first comprehensive estimates of how lifetime benefits are affected by the changing distribution of life expectancy. The report also explores, from a lifetime benefit perspective, how the growing gap in longevity affects traditional policy analyses of reforms to the nation's leading entitlement programs. This in-depth analysis of the economic impacts of the longevity gap will inform debate and assist decision makers, economists, and researchers.
