FILTER BY SCHOLARAll Scholars
- The following scholars have published material in this field
FILTER BY RELEVANCEMost Recent
FILTER BY CONTENT TYPEAll Content Types
At this event, retirement experts will discuss how proposed policy changes to Social Security or private pensions may be ill-considered.
There is a popular aphorism that “when you find yourself in a hole, the first step is to stop digging.” With respect to public employee pensions, a growing number of policymakers are contemplating following that advice.
State and local government pensions tout their ability to couple generous, guaranteed benefits for public employees with low and stable contributions from taxpayers. In reality, the risks that public pensions pose to taxpayers and government budgets have multiplied by a factor of 10 over the past four decades.
Read the full working paper here
Most private sector workers with employer-provided health insurance have a strong incentive to continue working until Medicare eligibility in order to maintain group health coverage. However, most government employees have access to retiree health coverage, which allows them access to group health...
The typical current glide path for a TDF starts at a high equity share (over 90 percent) and ends with a low share (averaging about 30 percent). The initial equity share has not changed much over the most recent business cycle, but the ending share has been lowered considerably.
Social Security can be claimed at any age between 62 and 70, with delayed claiming resulting in larger monthly payments. Claiming later increases the present value of lifetime benefits for most individuals. However, this has not always been the case. We find that the gains from delay increased substantially after 2000, with changes in the interest rate driving the increase.
One oft-cited reason to support immigration reform is to help Social Security's finances by introducing young workers into an aging system. Official figures bear out this presumption, but these figures are based on models that assume that legal immigrants are effectively identical to workers already in the U.S. But they are not.
Pension underfunding has dominated the media and created significant concerns for state lawmakers as they struggle to bring their fiscal houses in order.
The Great Recession's employment crisis is notable for two reasons. First, the number of long-term unemployed has been much higher than in prior recessions. Second, those over the age of 55 were particularly hard hit by unemployment.
In this conference, veterans of the Iraq and Afghanistan wars, mental health and disability experts, and an economist will discuss current hurdles to rehabilitation, and suggest alternatives that could more effectively expedite the reintegration of veterans into their families, communities, and workplaces.
Please join Representative Randy Forbes (R-VA), AEI, the Heritage Foundation, and the Foreign Policy Initiative for a timely discussion on the 2014 QDR and the future of American defense strategy in an era of constrained budgets.
This event is livestream only.
AEI’s Philanthropic Freedom Project welcomes Bill Gates for an exclusive event at AEI.