Table of Contents
- Social Security: A Social Insurance System
- Who Benefits?
- Who Pays?
- How Is the System Financed?
- Is Social Security Going Broke?
- The Bush Proposal: Partial Privatization
- Bush Push for Private Accounts
- Case Against the Bush Plan
- Political Calculus of Partial Privatization
- Policy Options: Solvency and Security
- Increase Social Security Revenues
- Raise the Contribution and Benefits Base (“Cap”)
- Raise the Payroll Tax Rate
- Raise Taxes on Social Security Benefits
- Extend Coverage to State and Local Government New Hires
- Invest Trust Fund Assets in Indexed Funds
- Decrease Retirement Benefits
- Substitute Price-Indexing for Wage-Indexing of Benefits
- Adjust the COLAs
- Raise Retirement Ag
e
- Address Perceived Inequities
- Eliminate Government Pension Offset and Windfall Elimination Provisions
- End Discrimination Against “Notch” Babies
- Remove “Marital Penalty” for Social Security Recipients
- Revise Premises of the Social Security System
- Substitute Bush Private Accounts
- Address Social Security in the Context of Tax Reform
- Promote Retirement Savings
- Allow Add-On Accounts
- Cease Looting Social Security Trust Funds (“Lockbox”)
- Recommendations: Retirement Security
* Jan Schneider is a summa cum laude graduate of Brown University, with an MIA from the Columbia University School of Public and International Affairs, a JD from Yale Law School and an M.Phil. and a Ph.D. (Political Science) from Yale University. In addition to being a long-time legal practitioner, she has taught in law school, served as an international civil servant and written two books and dozens of articles on legal subjects. Ms. Schneider ran against former Florida Secretary of State Katherine Harris for the United States House of Representatives in the Florida 13th Congressional District. The views expressed herein are solely her own and do not necessarily represent those of any organization, political party or other group.
|
