Archive:
Recent Critique of the Program’s Actuaries is Out of Line As a person who has observed the Social Security program and its staff over the last 40 years, I was stunned by the NY Times op-ed “Social Security: It’s Worse than You Think,” by Gary King of Harvard and Samir S. Soneji of Dartmouth (1-5-13).&nbs…
The brief’s key findings are: Many public sector pension plans have recently cut pension benefits for new hires, thereby reducing compensation. The analysis looks at how such cutbacks could affect the quality of teachers. One proxy for teacher quality is the average SAT score at a teacher’s undergraduate institution. The analysis finds that school districts with higher…
