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Wednesday, October 26, 2005

Boston College's Center for Retirement Research Reports on Top Social Security "Myths"

The Center for Retirement Research at Boston College has just released a lengthy report entitled "Top Ten Myths of Social Security Reform." The full report is available here.

This report discusses ten "myths" that have gained currency in the recent debate about Social Security reform, and features myths propagated by both proponents and opponents of including personal accounts as part of a reform initiative. The top myth is that the Social is sound for decades to come; the authors posit that all is not well, and that as early as 2008, Social Security’s cash flow surpluses will begin to decline as a result of baby boomers starting to claim their benefits. The report's second myth, that personal accounts can "save" Social Security without benefit cuts or tax increases is inaccurate because a pay-as-you-go simply system cannot be sustained with a declining worker-to-beneficiary ratio.

The Center for Retirement Research at Boston College was established in 1998 through a grant from the Social Security Administration and aims to promote research on retirement issues, to transmit new findings to the policy community and the public, to help train new scholars, and to broaden access to valuable data sources.

(via news coverage from CBS Marketwatch)
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Comments on "Boston College's Center for Retirement Research Reports on Top Social Security "Myths""

 

Anonymous Anonymous said ... (10/27/2005 03:27:00 AM) : 

OOooo ... I like all the snazzy updates.

 

Blogger BC Eagle said ... (10/27/2005 07:16:00 AM) : 

Thank you! There are still some kinks to work out. Please report any bugs. A main known issue is a problem with fonts, especially in old posts, which should be resolved soon.

 

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