Prospects for Social Security Reform

Abstract

Preface PART I. WHAT IS THE SOCIAL SECURITY PROBLEM? 1. An Overview of the Issues 2. Measuring Solvency in the Social Security System 3. Criteria for Evaluating Social Security Reform 4. New Opportunities for the Social Security System PART II. ASSESSING THE ECONOMIC IMPACT OF SOCIAL SECURITY 5. Social Security Money's Worth 6. Simulating Benefit Levels Under Alternative Social Security Reforms 7. Stochastic Simulation of Economic Growth Effects 8. Thinking About Social Security's Trust Fund 9. Government Guarantees for Old Age Income 10. Means Testing Social Security 11. Social Security and Employer Induced Retirement PART III. POLITICAL AND PRACTICAL CONSIDERATIONS REGARDING SOCIAL SECURITY REFORM 12. Compliance in Social Security Systems Around the World 13. Employer Responses to Social Security Reform 14. An Actuarial Perspective on How Social Security Reform Could Influence Employer-Sponsored Pensions 15. An Organized Labor Perspective on Social Security Reform 16. Women as Widows Under a Reformed Social Security System 17. Investment and Administrative Constraints on Individual Social Security Accounts 18. Americans' Views of Social Security and Social Security Reforms Contributors Index