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Social Security Rates of Return with "Progressive Indexation"

Author

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  • Dean Baker
  • David Rosnick

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.

Suggested Citation

  • Dean Baker & David Rosnick, 2005. "Social Security Rates of Return with "Progressive Indexation"," CEPR Reports and Issue Briefs 2005-18, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2005-18
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    File URL: http://www.cepr.net/documents/publications/rates_of_return_2005_05.pdf
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