Social Security Rates of Return with "Progressive Indexation"
AbstractThis paper calculated rates of return for wage earners corresponding to Social Security Administration's definition of low-, medium-, high- and maximum-earners. It finds that the "progressive indexation" proposal endorsed by President Bush would reduce the rate of returns that most workers would receive from Social Security, even with private accounts.
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Bibliographic InfoPaper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2005-18.
Date of creation: May 2005
Date of revision:
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