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Social security reform: around the world in 80 ways

Article Abstract:

The present situation of social security in various countries show a trend towards reform due to an ageing population. Unlike the US, countries like Chile, Sweden and Australia have reformed their pay-as-you-go systems by linking retirement benefits to contributions. Chile's private individual retirement accounts and Australia's privately funded retirement resources led to savings in government subsidies.

Author: Schieber, Sylvester J., Shoven, John B.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
Social Security, Analysis, Individual retirement accounts

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Improving social security's progressivity and solvency with hybrid indexing

Article Abstract:

The cash deficiency in social security funds in the United States is discussed. The inedibility of funds to pay for social benefits for more than three years is highlighted.

Author: Schieber, Sylvester J., Shoven, John B., Pozen, Robert
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
United States, Government domestic functions, Financial management, Management dynamics, Social Security Administration, Management, Finance, Company business management, Company financing, United States. Social Security Administration, Social security beneficiaries, Domestic policy

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