1.

Record Nr.

UNINA9910817752003321

Autore

Diamond Peter A

Titolo

Saving Social security : a balanced approach / / Peter A. Diamond, Peter R. Orszag

Pubbl/distr/stampa

Washington, District of Columbia : , : Brookings Institution Press, , [2005]

©2005

ISBN

1-280-81327-X

0-8157-9783-4

Edizione

[Revised edition.]

Descrizione fisica

1 online resource (321 p.)

Altri autori (Persone)

OrszagPeter R

Disciplina

368.4/300973

Soggetti

Social security - United States

Retirement income - Government policy - United States

Old age pensions - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

A brief overview of Social Security -- Goals for Social Security reform -- Social Security's long-term deficit -- A three-part plan to shore up Social Security -- Strengthening Social Security's effectiveness as social insurance -- Implications for benefits and revenue -- Individual accounts -- Questions and answers about our balanced reform plan -- Conclusions -- Appendixes: A. Social Security and national saving -- B. Trends in retirement age -- C. How the legacy debt arose: A simplified example -- D. Characteristics of tax-favored defined-contribution plans -- E. Should the trust fund invest in the stock market? -- F. Comparisons with models 2 and 3 of the President's Commission -- G. Memorandum from the Office of the Chief Actuary -- H. Long-term analysis of the Diamond-Orszag Social Security plan.

Sommario/riassunto

In this updated edition of ""Saving Social Security"", the authors analyze the Bush Administration's proposal for individual accounts and discuss the so-called ""price indexing"" proposal to restore long-term solvency through changing how initial benefits would be calculated.