Tag: progressive benefit formula
It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives. To read about our federal finances, one would think we had been overtaken by forces beyond our control: extremely expensive healthcare programs, ever-growing interest payments on our debt, and runaway Social Security benefits…
Including disability benefits provides a more complete picture. The Social Security actuaries just released a study that takes a new look at the progressivity of the Social Security program – that is, the extent to which it pays relatively more generous benefits to low earners than to high earners. The usual story focuses on “money’s…
