2 1/2 Proposals to Save Social Security
AbstractThis is a review article of three books that deal with the problems facing the U.S. Social Security system. One deals with the OASDI (Old- Age, Survivors and Disability Insurance) financial shortfall and proposes an alternative plan with both a tier one benefit and a tier two provision based on personal saving accounts. A second considers the social insurance system more comprehensively, arguing for a grand reform which would include new programs, particularly in the areas of child care and housing. A third largely confines itself to arguing against those who wish to change the OASDI plan because of the financial projections, although it also argues for a more comprehensive health care insurance system. The review concludes that key differences expressed in the books, particularly between the first and third, rest on different value judgments regarding intergenerational equity and the role of government.
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Bibliographic InfoPaper provided by McMaster University in its series Quantitative Studies in Economics and Population Research Reports with number 356.
Length: 25 pages
Date of creation: Nov 2000
Date of revision:
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social security; intergenerational equity; role of government;
Other versions of this item:
- Deborah Fretz & Michael Veall, 2000. "2 1/2 Proposals to Save Social Security," Social and Economic Dimensions of an Aging Population Research Papers 35, McMaster University.
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-12-15 (All new papers)
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