Tag: Social Security reform
Introduction President Bush plans to use his political capital to “privatize” a portion of the Social Security program. Whether or not such a change is desirable and the extent to which it solves Social Security’s financing problems will dominate much of the policy agenda over the next few years. This Issue in Brief is intended…
Abstract This paper examines the potential impact of government matching contributions on personal-account participation in the President’s Commission on Strengthening Social Security’s Model 3 for Social Security reform. Given the government’s choice of four plan-design parameters, the magnitude of the match is determined solely by the differential return personal-account assets receive above the notional return,…
