DIANE Publishing Company
Description
There have been many proposals to restructure the Social Security (SS) system to include individual accounts. Many who favor individual accounts propo
...
sals point to the low rates of return (RoR) that workers can expect from the current system & the opportunity that individual accounts would offer for improving RoR on retirement contributions. Opponents of individual accounts have taken exception to the usefulness & validity of focusing on RoR. This report: (1) examines estimates of SSs RoR for different birth years, earnings levels, households, & other demographic groupings; (2) examines RoR available on private market investments; & (3) discusses the issues that arise from comparing SS & market RoR.
Read more