Reforming the U.S. retirement income system

Sass, Steven A. “Reforming the U.S. retirement income system”. Global Issue in Brief 1, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2003. http://hdl.handle.net/2345/bc-ir:104512.
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Abstract

The U.S. retirement income system has two main components - Social Security and publicly subsidized and regulated employer plans. The federal government created Social Security in the Great Depression, when the problem of old-age poverty was especially severe. Social Security is an employment-based social insurance program that assures older workers a basic replacement income they can no longer work. Contributions are proportional to earnings up to a maximum level; benefits are based on a worker's earnings and contribution history, with a significant redistributive twist to assure a basic old-age income to low-wage workers...

Title
Reforming the U.S. retirement income system: The growing role of work
Author
Sass, Steven A.
Center
Center for Retirement Research
Genre
report
Date Issued
September 2003
Publisher
Center for Retirement Research at Boston College
Series Title
Global Issue in Brief
Series Number
1
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104512
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Social Security

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