This document presents an extensive report on retirement income prepared by the Congressional Research Service at the request of Congressman Dan Rostenkowski. The report consists of an executive summary, an overview of the issue, and a series of background papers. Part I provides an overview of retirement income for an aging population and…

No one generation should get a better "net deal" out of the retirement system than another. Various social security reforms are analyzed. (RM)

Discusses the reasons for considering integration of Social Security benefits into the company pension plan and the approaches to and methods of integration, and how they apply to various types of plans. (Editor/TA)

Concern over Social Security's forecasted long-run deficit is occurring at a time when the program has a short-term surplus. One proposed strategy to address this forecasted deficit is to allow the investment of a portion of payroll taxes into private savings accounts (PSAs). The author analyzes recent proposals for PSAs and concludes that PSAs…

This Technical Committee Report examines four tiers of retirement income: (1) social security; (2) private and public occupational pension programs; (3) income from assets and savings; and (4) needs-tested programs. A summary of principal findings and recommendations is followed by three sections discussing the statistical basis for this report.…

The social security system in the United States is becoming increasingly unstable, as the amount of benefits paid to an ever larger number of retirees grows and the number of younger workers paying taxes to the system decreases. The problem will become especially acute in the years 2011 and after, as the members of the "baby boom"…

Using a time series analysis to test the net empirical importance of the substitution and wealth effects associated with social security on the market of work of younger men, it was found that hours per week worked would have fallen off since 1936 without the present social security system. (Author)

Texarkana (Texas) Community College and Texarkana Independent School District left the federal Social Security System (SSS) and reallocated SSS funds to a self-administered fringe benefit program, while also returning employees' SSS contributions to them intact. Several safeguards for Texas employees were already in place through the Texas Teacher…

This group of articles discusses a variety of studies related to social security and retirement benefits. These studies are related to both developing and developed nations and are also concerned with studying work conditions and government role in administering a democratic social security system. (SSH)

Current policies concerning income in old age are framed in terms of important Social Security and private pension developments. Criticisms of the "new Social Security" are viewed in the context of major problems associated with the options, especially private pensions. (Author)

In this paper I will illustrate how to extend the capabilities of Microsoft Excel spreadsheets with add-ins created by MATLAB. Excel provides a broad array of fundamental tools but often comes up short when more sophisticated scenarios are involved. To overcome this short-coming of Excel while retaining its ease of use, I will describe how…

Millions of women face bleak retirement futures. In 40 years, when today's 25-year-olds retire, fewer women will be retiring married, and therefore fewer will have access to a husband's retirement income. Young women continue to face a future of significantly lower wages. Caregiving responsibilities continue to fall predominantly on women's…

After giving an overview of the private retirement system and considering deferred wages and labor costs, the study explores the extent of the influence of private pensions on early retirement and on job opportunities of older persons, and the influence of lengthy job tenure requirements on worker mobility. The study weakens the case for…

This collection consists of papers presented at a 1982 conference on policy issues in work and retirement. Presented first is an introductory overview of the problems of retirement and aging by Herbert S. Parnes. The following conference reports are included in the volume: "Life without Work: Does It Make Sense?" by Eli Ginzberg;…

Countries with mature social security systems have declining rates of labor force participation of the aged. The experience of nine countries (United States, Canada, Belgium, France, Federal Republic of Germany, Italy, Netherlands, Sweden, United Kingdom) over the last two decades provided the statistical data presented and analyzed in the…