Our current social security system operates on a pay-as-you-go basis; benefits are paid almost entirely out of current revenues. As the ratio of retirees to tax

Social security reform in the United States continues to be a pressing and contentious issue, with advocates touting some form of a centralized or a privatized

Social Security Policy in a Changing Environment analyzes the changing economic and demographic environment in which social insurance programs that benefit elde

Social security is the largest and perhaps the most popular program run by the federal government. Given the projected increase in both individual life expectan

This volume addresses the most important issues of the ongoing discussion on designing social security. It provides fundamental results for pay-as-you-go social