Implications of Delaying U.S. Social Security Financing Reform: A Look at the Measurement, Structural and Generational Issues

Author:

Schieber Sylvester J.

Publisher

Elsevier BV

Reference31 articles.

1. Estimate assumes contributions flowed into trust funds on a steady basis over the year and were invested at the current nominal interest rate until the end of the year. d Assumes estimated added assets available at end of year in which collected were invested at beginning of next year at that year's nominal interest rate for the following 15 years and then reinvested in new 15-year bonds at the nominal interest rate prevailing in the year in which the original bonds were rolled over;Source: Estimated by the author. Notes: a Taxable payroll and nominal interest rates come from Social Security Office of the Actuary, based on the 2016 Trustees Report,1976

2. Hearing on What Workers Need to Know about Social Security as They Plan for Their Retirement;Xavier Becerra;before the Subcommittee on Social Security, Committee on Ways and Means,2014

3. Do Older Americans Have More Income than We Think;Adam Bee;U.S. Census Bureau,2017

4. The Book of Fallacies

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