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Social Security Rates of Return with "Progressive Indexation"

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Author Info
Dean Baker
David Rosnick

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Abstract

This 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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File URL: http://www.cepr.net/documents/publications/rates_of_return_2005_05.pdf
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Publisher Info
Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2005-18.

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Date of creation: May 2005
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Handle: RePEc:epo:papers:2005-18

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This page was last updated on 2009-12-10.


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