Kotlikoff, Laurence J.; Smetters, Kent A.; Walliser, Jan - 2021
This paper compares two general methods of privatization social security: forced participation in the new privatized … system vs. letting people choose between the new system or staying in social security (i.e., opting out). Simulations are …-benefit linkage due to the informational problems inherent in many social security systems. We consider two cases: full and no …