Tag: privatization
SAFE proposal for state and local pensions doesn’t seem feasible or efficient. Candidly, I am not looking for more issues upon which to take a position. But my friends at the Urban Institute strongly support and my friends at the Pension Right Center strongly oppose Senator Hatch’s proposal for a SAFE Retirement Plan whereby public…
Abstract This study draws lessons for the debate about the proposed partial privatization of Social Security in the United States based on evidence from the United Kingdom. The British case suggests that privatization may lead to a reduction in the pension burden on the national budget if combined with substantial cuts in benefits. Such reforms…