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Social Security: Report of the President's Commission to Strengthen Social Security

Description: This report describes the Commission’s three reform plans. The first plan would make no other changes to the program. The second plan would slow the growth of Social Security through one major provision that would index initial benefits to prices rather than wages. The third plan would slow future program growth through a variety of measures.
Date: December 21, 2001
Creator: Nuschler, Dawn
Partner: UNT Libraries Government Documents Department

Social Security: What Happens to Future Benefit Levels Under Various Reform Options

Description: The report first examines several benefit-constraint options. Among them are raising the age at which full Social Security retirement benefits can be received, changing the way initial benefits are computed, and constraining cost-of-living adjustments (COLAs). It also illustrates the effects of creating new personal savings accounts and presents their projected impact as a supplement to, or partial replacement of, the existing system, or as a means to close the gap between the benefit levels promised by the existing system and what can be paid under its projected future income. Finally, because across-the-board cuts may be seen as too severe for several types of recipients, other options that would ameliorate their effects, including one that would raise revenue, are also illustrated.
Date: August 20, 2001
Creator: Koitz, David; Kollmann, Geoffrey & Nuschler, Dawn
Partner: UNT Libraries Government Documents Department