Measuring Social Security's Financial Outlook Within An Aging Society
Bibliographic Data
| ID | 9684627 |
|---|---|
| Authors | Jagadeesh Gokhale (Gokhale Institute of Politics and Economics, corresponding author), Kent Smetters (Kent Smetters is associate professor of insurance and risk management at the Wharton School of the University of Pennsylvania. He has published articles in the “American Economic Review,” the “Journal of Public Economics,” and the “Journal of Political Economy.”) |
| Year | 2006 |
| Volume | 135 |
| Issue | 1 |
| Pages | 91-104 |
| Publication date | 2006-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Daedalus (JOURNAL) |
| Journal identifiers | ISSN: 0011-5266 • E-ISSN: 1548-6192 |
| Publisher | MIT Press - Journals (PUBLISHER) |
| DOI | 10.1162/001152606775320988 |
| OpenAlex | W3123438565 |
| Language | EN |
| References cited | 2 |
The U.S. Social Security program provides an important 'rst pillar' of retirement income. 1 Policymakers and the media, therefore, pay considerable attention to the nancial viability of the program. Each year, the Social Security trustees release a report that summarizes the nancial position of the Social Security program. Among other measures, the report draws attention to the program's 'crossover date' (the year the program's benet outlays will begin exceeding its tax receipts), the date of 'trust fund exhaustion,' and the present value of the program's nancial shortfalls over the next seventy-ve years. 2
Economics · Political science · Social security · Sociology · Financial Literacy, Pension, Retirement Analysis · Insurance, Mortality, Demography, Risk Management · Law · Retirement, Disability, and Employment
| Citation velocity | historical |
|---|---|
| Highly cited | No |