Social security reform: around the world in 80 ways
Article Abstract:
The present situation of social security in various countries show a trend towards reform due to an ageing population. Unlike the US, countries like Chile, Sweden and Australia have reformed their pay-as-you-go systems by linking retirement benefits to contributions. Chile's private individual retirement accounts and Australia's privately funded retirement resources led to savings in government subsidies.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
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Improving social security's progressivity and solvency with hybrid indexing
Article Abstract:
The cash deficiency in social security funds in the United States is discussed. The inedibility of funds to pay for social benefits for more than three years is highlighted.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
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