The once and future Social Security tax expenditure
Article Abstract:
Any plan to privatize the US Social Security system is likely to effect changes in future income tax expenditures. The Personal Security Account Plan (PSAP), in particular, is expected to result in drastically increased income tax expenditures. Estimates show that the tax expenditure stemming from the PSAP would rise from $1.7 billion in 1999 to more than $8 billion in 2002. Tax expenditure is expected to grow to $44 billion in 2010 and $1.9 trillion by 2050 under a PSAP.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 1997
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The Significance of Integrated Plans
Article Abstract:
A long-standing question has been the extent of Social Security integration in the private pension system, but the debate swirling about Social Security reform intensifies its importance. With the use of multiple measures and a dataset that heretofore had not been explored (Form 5500), the article looks at the pre valence of plan integration and subsequently uses statistical procedures that predict which kind of plans are most likely to be integrated.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 2003
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A global trend: privatization and reform of social security pension plans
Article Abstract:
Chile's successful privatization of its social security system has prompted other countries to copy its example. The trend is largely being driven by socioeconomic factors such as an aging population, lower worker-to-retiree ratios and budget deficits. At present, countries which have or plan to reform their pension fund programs along the Chile model include Mexico, Italy, Japan, Switzerland and the UK.
Publication Name: Benefits Quarterly
Subject: Human resources and labor relations
ISSN: 8756-1263
Year: 1995
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