The distributional aspects of social security and social security reform

書誌事項

The distributional aspects of social security and social security reform

edited by Martin Feldstein and Jeffrey B. Liebman

(A National Bureau of Economic Research conference report)

University of Chicago Press, 2002

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注記

Papers presented at a conference held in Woodstock, Vermont, in October of 1999

Includes bibliographical references and indexes

内容説明・目次

内容説明

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.

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