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The Resource Sustaining social security in an era of population aging, John A. Turner

Sustaining social security in an era of population aging, John A. Turner

Label
Sustaining social security in an era of population aging
Title
Sustaining social security in an era of population aging
Statement of responsibility
John A. Turner
Creator
Subject
Language
eng
Summary
Social Security currently lacks the financing to pay for benefits already promised and the Congressional Budget Office projects that insolvency will occur in 2031. While many proposals for fixing the system have been floated, most are little more than bandages that stem the bleeding but fail to address the underlying malady. As John A. Turner points out in this book, "[T]he fundamental problem is that the current demographic era where the old-age dependency ratio (the ratio of Social Security beneficiaries to covered workers) is increasing, the Social Security benefit formula causes benefits to grow faster than the tax revenues that finance them." While seemingly a problem of demographics (which can't be fixed), Turner argues that the solution to the long-term health of Social Security lies in politically-acceptable periodic reforms of the formula used to determine benefits. Specifically, he endorses a set of reforms that address increased life expectancy, the growing relationship between income and life expectancy, the decline in the physical demands of jobs, the rise in income inequality, and the increasing poverty seen among the older population. --
Member of
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1949-
http://library.link/vocab/creatorName
Turner, John A.
Index
index present
Literary form
non fiction
Nature of contents
bibliography
Series statement
WE Focus series
http://library.link/vocab/subjectName
  • Social security
  • Pension trusts
  • Pensions
  • Older people
Label
Sustaining social security in an era of population aging, John A. Turner
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 99-108) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Acknowledgments -- How does social security work? -- Sustainability and financing reform -- Benefit adequacy -- Retirement policy -- Reforming the reform process -- Conclusion: the way forward -- Appendix -- References -- Author -- Index -- About the institute
Control code
ocn957223338
Dimensions
22 cm.
Extent
vi, 117 pages
Isbn
9780880995153
Isbn Type
(pbk.)
Lccn
2016032575
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
System control number
(OCoLC)957223338
Label
Sustaining social security in an era of population aging, John A. Turner
Publication
Bibliography note
Includes bibliographical references (pages 99-108) and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Acknowledgments -- How does social security work? -- Sustainability and financing reform -- Benefit adequacy -- Retirement policy -- Reforming the reform process -- Conclusion: the way forward -- Appendix -- References -- Author -- Index -- About the institute
Control code
ocn957223338
Dimensions
22 cm.
Extent
vi, 117 pages
Isbn
9780880995153
Isbn Type
(pbk.)
Lccn
2016032575
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
System control number
(OCoLC)957223338

Library Locations

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