Retooling Social Security for the 21st Century: Right and Wrong Approaches to Reform

Overview

This book sheds welcome light on the raging Social Security debate. Even if solvent, argue the authors, Social Security needs reform because health, life spans, work, and migration patterns are changing. Seize the fiscal crisis as an opportunity to respond to these changing patterns, they say. And they develop a blueprint that identifies "right" reforms-those that achieve fiscal balance "and" increase Social Security's responsiveness to today's and tomorrow's needs.
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Overview

This book sheds welcome light on the raging Social Security debate. Even if solvent, argue the authors, Social Security needs reform because health, life spans, work, and migration patterns are changing. Seize the fiscal crisis as an opportunity to respond to these changing patterns, they say. And they develop a blueprint that identifies "right" reforms-those that achieve fiscal balance "and" increase Social Security's responsiveness to today's and tomorrow's needs.
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Product Details

  • ISBN-13: 9780877666011
  • Publisher: Urban Institute Press
  • Publication date: 1/28/1997
  • Pages: 332

Table of Contents

Foreword
Pt. 1 Guiding Principles for Social Security and Its Reform 1
1 A Blueprint for Reform 3
2 Social Security Principles and Rationales 11
Pt. 2 An Examination of the Social Security System 37
3 The Inevitable Reform of an Imbalanced System 39
4 Basic Features of the Social Security System 73
5 How Social Security Redistributes Income 91
6 Well-Being and Diversity among the Elderly 133
Pt. 3 Options for Reform 155
7 Options for Reforming the Social Security Payroll Tax 157
8 Benefit Options 177
9 Spousal Benefits and Rules for Early and Delayed Retirement 207
10 Medicare Reform: Some Applications of Basic Principles 235
11 Conclusion: Toward Common Ground 253
Appendix 259
References 305
About the Authors 323
Index 325
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