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The distributional aspects of social security and social security reform /

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 re...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Feldstein, Martin S., Liebman, Jeffrey B.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Chicago : University of Chicago Press, 2002.
Colección:National Bureau of Economic Research conference report.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (x, 469 pages) : illustrations
Bibliografía:Includes bibliographical references and indexes.
ISBN:9780226241890
0226241890
9780226241067
0226241068
1281125571
9781281125576
9786611125578
6611125574