Saving Social Security A Balanced Approach, Revised Edition

Saving Social Security: An Update

Acknowledgments

1. Introduction

2. A Brief Overview of Social Security

3. Goals for Social Security Reform

4. Social Security's Long-Term Deficit

5. A Three-Part Plan to SHore Up Social Security

6. Strengthening Social Security's Effectiveness as Social Insurance

7. Implications for Benefits and Revenue

8. Individual Accounts

9. Questions and Answers about Our Balanced Reform Plan

10. Conclusions

Appendix A. Social Security and National Saving

Appendix B. Trends in Regtirement Age

Appendix C. How the Legacy Debt Arose: A Simplified Example

Appendix D. Characteristics of Tax-Favored Defined-Contribution Plans

Appendix E. Should the Trust Fund Invest in the Stock Market?

Appendix F. Comparisons with Models 2 and 3 of the President's Commission

Appendix G. Memorandum from the Office of the Chief Actuary

Appendix H. Long-Term Analysis of the Diamond-Orszag Social Security Plan

Notes

Index