Download or read book The Role of the Replacement Rate in the Design of the Social Security Benefit Structure written by Dean R Leimer and published by . This book was released on 1979 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of the Replacement Rate in the Design of the Social Security Benefit Structure written by Dean R. Leimer and published by . This book was released on 1979 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of the Replacement Rate in the Social Security Benefit Structure written by Dean Ray Leimer and published by . This book was released on 1979 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of the Replacement Rate in the Design of the Social Security Benefit Structure written by Dean R. Leimer and published by . This book was released on 1979 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decoupling the Social Security Benefit Structure written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Social Security and published by . This book was released on 1976 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Optimal Design of Social Security Benefits written by Shinichi Nishiyama and published by . This book was released on 2011 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States Social Security system is fairly unique in that it explicitly allows for a progressive formulation of retirement benefits by assigning a larger replacement rate to workers with small preretirement wages. In contrast, the public pension systems in other countries often replace a constant fraction of preretirement wages, although the length of the quot;averaging periodquot; is typically shorter relative to the U.S. This paper examines the ex-ante optimal U.S. Social Security benefit structure using the model developed in Nishiyama and Smetters (2007). On one hand, progressivity in the benefit structure provides risk sharing against shocks that are difficult to insure privately. On the other hand, progressivity introduces various marginal tax rates that distort labor supply. Rather surprisingly, we find that the ex-ante best U.S. Social Security replacement rate structure is fairly quot;flat.quot; Intuitively, the relatively long averaging period used in the U.S. system formulation already provides some insurance against negative idiosyncratic shocks, but in a manner that is more efficient than explicit redistribution.
Download or read book Alternate Measures of Replacement Rates for Social Security Benefits and Retirement Income written by Glenn Springstead and published by . This book was released on 2014 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discussions of retirement planning and Social Security policy often focus on replacement rates, which represent retirement income or Social Security benefits relative to pre-retirement earnings. Replacement rates are a rule of thumb designed to simplify the process of smoothing consumption over individuals' lifetimes. Despite their widespread use, however, there is no common means of measuring replacement rates. Various measures of pre-retirement earnings mean that the denominators used in replacement rate calculations are often inconsistent and can lead to confusion.Whether a given replacement rate represents an adequate retirement income depends on whether the denominator in the replacement rate calculation is an appropriate measure of pre-retirement earnings. This article illustrates replacement rates using four measures of pre-retirement earnings: final earnings; the constant income payable from the present value (PV) of lifetime earnings (PV payment); the wage-indexed average of all earnings prior to claiming Social Security benefits; and the inflation-adjusted average of all earnings prior to claiming Social Security benefits (consumer price index (CPI) average).The article then measures replacement rates against a sample of the Social Security beneficiary population using the Social Security Administration's Modeling Income in the Near Term (MINT) microsimulation model. Replacement rates are shown based on Social Security benefits alone, to indicate the adequacy of the current benefit structure, as well as on total retirement income including defined benefit pensions and financial assets, to indicate total preparedness for retirement.The results show that replacement rates can vary considerably based on the definition of pre-retirement earnings used and whether replacement rates are measured on an individual or a shared basis. For current new retirees, replacement rates based on all sources of retirement income seem strong by most measures and are projected to remain so as these individuals age. For new retirees in 2040, replacement rates are projected to be lower, though still adequate on average based on most common benchmarks.
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 Publication Catalog of the U S Department of Health and Human Services written by United States. Department of Health and Human Services and published by . This book was released on with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Annotated Readings in Social Security written by United States. Social Security Administration. Office of Research and Statistics and published by . This book was released on 1982 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 2500 references about social security. Classified order. Author, subject indexes.
Download or read book Compendium of HHS Evaluations and Relevant Other Studies written by HHS Policy Information Center (U.S.) and published by . This book was released on 1990 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Staff Paper written by and published by . This book was released on 1969 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security Bulletin written by and published by . This book was released on 1981 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Income Resources of the Aged written by United States. Social Security Administration. Office of Research and Statistics and published by . This book was released on 1980 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Catalogue United States Public Documents written by and published by . This book was released on 1980-03 with total page 1128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Catalog of United States Government Publications written by United States. Superintendent of Documents and published by . This book was released on 1968 with total page 1256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
