Author: David C. LindemanPublisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 28
Book Description
An Analysis of Alternatives for Taxing Social Security as a Private Pension
Author: David C. LindemanPublisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 28
Book Description
Analysis of Alternatives for Taxing Social Security As a Private Pension
Author: Analysis of Alternatives for Taxing Social Security as a Private Person
Author: Privatizing Social Security
Author: Martin FeldsteinPublisher: University of Chicago Press
ISBN: 0226241823
Category : Political Science
Languages : en
Pages : 484
Book Description
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
Social Security and Pensions
Author: Social Security
Author: Dorman E. CordellPublisher:
ISBN:
Category : Retirement
Languages : en
Pages : 65
Book Description
A simple analysis of taxes and trends in social security and a comparison of yields on private accounts indicating greater returns than the current government-run retirement system.
Social Security
Author: Shawn P. DuffyPublisher:
ISBN:
Category :
Languages : en
Pages : 75
Book Description
This thesis presents a present value analysis of the Old-Age Survivors Insurance (OASI) comparing retirement benefits under Social Security with alternative private sector plans and provides a spreadsheet model for making this comparison of plans using different assumptions. The investigation was done by collecting data from various books, Government publications, and various Government agencies to conduct a spreadsheet analysis of three different wage-earning groups, assuming various real interest rates potentially earned in the private sector. A comparison of Social Security with alternative private sector plans is important to the DoD/DoN because less constrained budgets could result if Social Security is allowed to let individuals opt for private investment. The analysis presents clear findings showing that most people incur a net present value loss when comparing Social Security to the private sector if realistic real rates of return, on the order of four to seven percent, are used. Individuals only experience a net gain when an artificially low real rate of return of two percent, which is used by Social Security, is assumed.
Report of the National Commission on Social Security Reform
Author: United States. National Commission on Social Security ReformPublisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 298
Book Description
Social Security
Author: Shawn P. DuffyPublisher:
ISBN:
Category :
Languages : en
Pages : 75
Book Description
This thesis presents a present value analysis of the Old-Age Survivors Insurance (OASI) comparing retirement benefits under Social Security with alternative private sector plans and provides a spreadsheet model for making this comparison of plans using different assumptions. The investigation was done by collecting data from various books, Government publications, and various Government agencies to conduct a spreadsheet analysis of three different wage-earning groups, assuming various real interest rates potentially earned in the private sector. A comparison of Social Security with alternative private sector plans is important to the DoD/DoN because less constrained budgets could result if Social Security is allowed to let individuals opt for private investment. The analysis presents clear findings showing that most people incur a net present value loss when comparing Social Security to the private sector if realistic real rates of return, on the order of four to seven percent, are used. Individuals only experience a net gain when an artificially low real rate of return of two percent, which is used by Social Security, is assumed.
Social Security Programs and Retirement around the World
Author: Jonathan GruberPublisher: University of Chicago Press
ISBN: 0226309983
Category : Political Science
Languages : en
Pages : 752
Book Description
Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.