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US Pension Reform - Lessons from Other Countries

US Pension Reform - Lessons from Other Countries

Lessons from Other Countries

by Martin Neil Baily and Jacob Funk Kirkegaard
Paperback
Publication Date: 30/11/2008

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It is generally accepted that Social Security must be reformed, but there is little agreement on what should be done to reform the program. US Pension Reform: Lessons from Other Countries looks at the social pension reforms of twelve other countries, assesses the current US Social Security program, and evaluates how these twelve models inform opportunities for adaptation of the current system. The authors consider governments' current fiscal balances in order to contextualize countries' initial financial liabilities and pension program infrastructure.

The book concludes with an integrated reform proposal for Social Security. These prescriptions suggest concrete plans to address issues such as underfunding, benefits for high-income participants and the elderly demographic segment, as well as the creation of an individual account program. This volume forges significant advances and boldly confronts the challenge of reconstructing the US Social Security program.
ISBN:
9780881324259
9780881324259
Category:
Pensions
Format:
Paperback
Publication Date:
30-11-2008
Language:
English
Publisher:
The Peterson Institute for International Economics
Country of origin:
United States
Pages:
384
Dimensions (mm):
227x153x27mm
Weight:
0.75kg

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