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The Social Security "full retirement age" (FRA) is the age at which retirement income benefits are available without reduction for early commencement. Presently, that age is 67 for those born in 1960 or later. This paper is about the unfair and unnecessary threat to reduce Social Security...
Persistent link: https://www.econbiz.de/10015371402
For more than 25 years, the Social Security Trust Fund has been projected to run out of money in 2033 (give or take a few years), potentially causing benefits to be severely reduced in the absence of corrective legislative action. Today (February 2024), projections are made by the Social...
Persistent link: https://www.econbiz.de/10014480253
In this Article, I critically examine the assumption that the Social Security system faces a financing crisis and that the government can avert the crisis only by acting now to cut benefits or to raise taxes. The best conclusion we can draw from the current evidence is that the system is not...
Persistent link: https://www.econbiz.de/10012777838
In this paper we evaluate the long-term performance of the Polish public pension system from three perspectives: fiscal stability, intergenerational redistribution and adequacy of pension benefits. We assess the two recent public pension reforms undertaken in Poland: 1) the shift of a part of...
Persistent link: https://www.econbiz.de/10013083867
Persistent link: https://www.econbiz.de/10013034219
This Article examines the principal reform proposals that would increase tax revenue for the Social Security trust fund — weighing the pros and cons of each. The Article also considers the prospects for political agreement on a reform proposal given the past efforts and the looming crisis.Part...
Persistent link: https://www.econbiz.de/10014037770
In 2008, the oldest of 78 million baby boomers will celebrate their 62nd birthdays. Before they blow out their birthday candles, they will have considered and likely decided whether to elect to take early Social Security retirement benefits (SSRBs). Recent and evolving changes in the normal...
Persistent link: https://www.econbiz.de/10014048134
This Article explains how to create “survivor funds” — short-term investment funds that would pay more to those investors who live until the end of the fund's term than to those who die before then. For example, instead of just investing in a 10-year bond and dividing the proceeds among...
Persistent link: https://www.econbiz.de/10012969392
Certain federal, state, and local government employees do not pay into the Social Security system, but rather pay into alternative government pension plans. For purposes of the Social Security Act, where a worker pays into an alternative government pension plan, the worker’s employment...
Persistent link: https://www.econbiz.de/10014038070
Der vorliegende Aufsatz dokumentiert einerseits das unter Einhaltung des Datenschutzes und der Datensicherheit aufbereitete Datenangebot des Forschungsdatenzentrums der Rentenversicherung (FDZ-RV). Andererseits wird die Entwicklung der Nachfrage nach diesen Daten seit der Gründung des...
Persistent link: https://www.econbiz.de/10010331085