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According to the new calculations of the Social Security Trustees’ 2012 Report, Social Security’s future costs are a lot bigger than its future income.
It is unlikely that increases in federal employee pension contributions or reductions in pension benefits for future federal retirees would lower total compensation below federal workers’ reservation wage, which represents the minimum pay at which a worker will accept a particular type of job.
The annual Social Security Trustees Report, released on Monday, confirms that the program is significantly underfunded. After decades of delay, Congress and the next president will need to take steps to restore Social Security's finances and improve Americans' retirement income security. Although it might seem counterintuitive, one positive step toward...
Policymakers can increase American retirement security by restricting employers from offering company stock in tax-preferred 401(k) plans.
It is all too clear that the holiday's diversion of general revenue from the Social Security trust fund has undermined historical practices and distorted federal budgetary priorities.
Social Security's retirement age should not be increased for anyone on the verge of retirement, but there's a good case for doing so over coming decades, as the Baby Boomers retire and the population ages.
Nebraska's CB plans are innovative and could be a model for other states to follow as they try and bring their budgets and pensions under control. Yet there are other, more transparent and taxpayer-friendly ways Nebraska could construct the pension system.
Social Security pays women a higher average ratio of lifetime benefits to lifetime taxes than men. But that doesn't mean Social Security gives women an incentive to stay in the labor force. In fact, it does the opposite.







