What Does Price Indexing Mean for Social Security Benefits?
January 1, 2005
Introduction
A potential component of the administration’s Social Security proposal is to shift from “wage indexing” of benefits to “price indexing.” This change sounds modest, but, in fact, would change the nature of the Social Security program. Price indexing would preserve the purchasing power of Social Security benefits, but these benefits would represent an ever-declining percentage of earnings before retirement…
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Citation
Munnell, Alicia H. and Mauricio Soto. 2005. "What Does Price Indexing Mean for Social Security Benefits?" Issue in Brief 14. Chestnut Hill, MA: Center for Retirement Research at Boston College.
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