There have been many proposals to restructure the Social Security (SS) system to include individual accounts. Many who favor individual accounts proposals point to the low rates of return (RoR) that workers can expect from the current system a the opportunity that individual accounts would offer for improving RoR on retirement contributions. Opponents of individual accounts have taken exception to the usefulness a validity of focusing on RoR. This report: (1) examines estimates of SSs RoR for different birth years, earnings levels, households, a other demographic groupings; (2) examines RoR available on private market investments; a (3) discusses the issues that arise from comparing SS a market RoR.Implicit Rates of Return Vary Because of Social Securitya#39;s Income Transfers Social Securitya#39;s implicit rates of return are ... In reality, earnings patterns vary considerably, and many workers have some years of ... earnings level used for the hypothetical worker cases, but they can affect the Social Security benefit calculation.
|Author||:||DIANE Publishing Company|
|Publisher||:||DIANE Publishing - 2000-07-01|