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

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Place / Publishing House:Washington, District of Columbia : : Brookings Institution Press,, [2005]
2005
Year of Publication:2005
Edition:Revised edition.
Language:English
Online Access:
Physical Description:1 online resource (322 pages) :; illustrations
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Table of Contents:
  • 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.