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Prospects for social security reform in the United States

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Social Security Reform in the United States

Samwick, Andrew A. - 2010

This paper simulates a transition from the current pay-as-you-go Social Security system to a prefunded system based on Personal Retirement Accounts (PRAs). Annual PRA contributions of 2 percent of taxable payroll earning the historical return on the corporate sector are sufficient to close the...

Persistent link: https://www.econbiz.de/10014038253