Proposals to restructure social security
Article Abstract:
The 1995 report of the trustees of Social Security has proposed five alternative packages for initiating fundamental change in Social Security functions. These include the indexing of normal retirement age, investment of part of trust funds into private equities, partial defined contribution, and full defined contribution. Such basic changes will enhance Social Security economics by restoring its financial balance. The Chilean social security system with its focus on a contribution rate is discussed.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Structural reform of social security
Article Abstract:
The economic gains from adopting the methods to integrate pay-as-you-go benefits with investment-based personal retirement accounts under structural reform of Social Security pension program are examined.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Saving social security
Article Abstract:
Benefit reduction and tax change methods to address long-term deficit of Social Security program, under President Bush's Commission to Strengthen Social Security, are proposed.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Factor proportions and the structure of commodity trade. On the measurement of product variety in trade. Information, international substitutability, and globalization
- Abstracts: Trade policy in Burundi: reform without political stability
- Abstracts: The risk and return of venture capital. Dynamic risk management: theory and evidence. Bond risk premia
- Abstracts: Separating microstructure noise from volatility. A general approach to integrated risk management with skewed, fat-tailed risks
- Abstracts: The retrospective evaluation of payment sequences: duration neglect and peak-and-end effects. Myopic prospect theory vs. myopic loss aversion: how general is the phenomenon?