Cost-of-Living Adjustments for Social Security Benefits: Their Impact on the Incomes of the Elderly

1988 ◽  
pp. 87-115
Author(s):  
Sandra R. Baum ◽  
Jane Sjogren
Keyword(s):  
Social Security ◽  
The Elderly ◽  
Cost Of Living ◽  
Social Security Benefits

scholarly journals Women and Social Security

1982 ◽  
Vol 6 (2) ◽  
pp. 227-232
Author(s):  
Gail Buchwalter King
Keyword(s):  
Social Security ◽  
Old Age ◽  
Security Policy ◽  
The Elderly ◽  
Married Women ◽  
Never Married ◽  
Social Security Policy ◽  
Social Security Benefits

Recent statistics indicate that 72% of the elderly poor are widowed, divorced, or never-married women. The fact that many of these women are left destitute in their old age can be looked at from several perspectives. My particular interest is in how Social Security policy contributes to the potential poverty of women. The area of investigation is that of dependency—the designated category through which most women collect Social Security benefits.

scholarly journals The contribution of changes to tax and social security to stalled life expectancy trends in Scotland: a modelling study

2020 ◽  
pp. jech-2020-214770
Author(s):  
Elizabeth Richardson ◽  
Martin Taulbut ◽  
Mark Robinson ◽  
Andrew Pulford ◽  
Gerry McCartney
Keyword(s):  
Life Expectancy ◽  
Social Security ◽  
Tax Credits ◽  
The Difference ◽  
Group Sex ◽  
The Uk ◽  
Social Security Benefits ◽  
The Impact ◽  
Welfare Reforms ◽  
Detrimental Impact

BackgroundLife expectancy (LE) improvements have stalled, and UK tax and welfare ‘reforms’ have been proposed as a cause. We estimated the effects of tax and welfare reforms from 2010/2011 to 2021/2022 on LE and inequalities in LE in Scotland.MethodsWe applied a published estimate of the cumulative income impact of the reforms to the households within Scottish Index of Multiple Deprivation (SIMD) quintiles. We estimated the impact on LE by applying a rate ratio for the impact of income on mortality rates (by age group, sex and SIMD quintile) and calculating the difference between inflation-only changes in benefits and the reforms.ResultsWe estimated that changes to household income resulting from the reforms would result in an additional 1041 (+3.7%) female deaths and 1013 (+3.8%) male deaths. These deaths represent an estimated reduction of female LE from 81.6 years to 81.2 years (−20 weeks), and male LE from 77.6 years to 77.2 years (−23 weeks). Cuts to benefits and tax credits were modelled to have the most detrimental impact on LE, and these were estimated to be most severe in the most deprived areas. The modelled impact on inequalities in LE was widening of the gap between the most and least deprived 20% of areas by a further 21 weeks for females and 23 weeks for males.InterpretationThis study provides further evidence that austerity, in the form of cuts to social security benefits, is likely to be an important cause of stalled LE across the UK.

scholarly journals Political and Economic Forces Sustaining Social Security

2004 ◽  
Vol 4 (1) ◽  
Author(s):  
Casey B Mulligan ◽  
Xavier Sala-i-Martin
Keyword(s):  
Social Security ◽  
Market Failure ◽  
The Elderly ◽  
Partial Solution ◽  
Companion Paper ◽  
Majority Voting ◽  
Pressure Group ◽  
Intergenerational Redistribution ◽  
Economic Forces ◽  
Political Theories

Abstract What economic forces create and sustain old-age Social Security as a public program? We relate political, efficiency, and narrative theories of Social Security to empirical results reported in our companion paper in this volume. Political theories, including rational majority voting and pressure group theories, feature a redistributive struggle among groups. "Efficiency theories," which model SS as a full or partial solution to market failure, include optimal redistribution, retirement insurance, and alleviating labor market congestion. Finally we analyze three "narrative" theories. Overall, retirement, and not alleviating poverty, seems important at the margin, which means that plans to reduce intergenerational redistribution may not be politically sustainable merely because they provide "adequate" incomes for the elderly. Politics seem important, because cross-cohort redistribution is so prevalent, even when the old are consuming as much or more than do the young. SS reform would therefore be assisted by political reforms equalizing political power across generations.

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