This paper presents a plan for reforming the Social Security system to take advantage of higher returns available in equity markets, but maintain public financing. Solutions to the problems of market risk & transition costs are proposed.
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A SUSTAINABLE BIPARTISAN SOCIAL SECURITY SYSTEM | fixingsocialsecurity.org Reviews
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This paper presents a plan for reforming the Social Security system to take advantage of higher returns available in equity markets, but maintain public financing. Solutions to the problems of market risk & transition costs are proposed.
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A SUSTAINABLE BIPARTISAN SOCIAL SECURITY SYSTEM
David C. Dellinger, Ph. D. Bond Fund - Basic Social Security benefits which would be determined as if they were bond fund investments paying interest at the rate used to calculate interest on the Social Security Trust Fund, would be included. Eventually, the trust fund would become the bond fund. Illustration of an Investment / Insurance Social Security System. B 25% would be credited to individual accounts in the Social Security bond fund for calculating a portion of future benefits. Section 1 of Table 1.
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