Estimating the Value of Social Security Retirement Benefits

2001 ◽  
Vol 4 (3) ◽  
pp. 14-29 ◽  
Author(s):  
William W. Jennings ◽  
William R Reichenstein
Keyword(s):  
Social Security ◽  
Retirement Benefits

Family Caregiving and the Intergenerational Transmission of Poverty

2018 ◽  
Vol 46 (3) ◽  
pp. 629-635 ◽  
Author(s):  
Richard L. Kaplan
Keyword(s):  
Social Security ◽  
Family Caregivers ◽  
Intergenerational Transmission ◽  
Family Caregiving ◽  
The United States ◽  
Retirement Savings ◽  
Term Care ◽  
Retirement Benefits ◽  
Lifetime Earnings ◽  
The Impact

The United States relies on uncompensated family caregivers to provide most of the long-term care required by older adults as they age. But such care comes at a significant financial cost to these caregivers in the form of lower lifetime earnings and diminished (or even no) Social Security retirement benefits, ineligibility for Medicare coverage of their healthcare costs, and minimal retirement savings. To reduce the impact of uncompensated caregiving on the intergenerational transmission of poverty, this paper discusses three possible mechanisms of compensating family caregivers: public payments, deemed wage credits under Social Security, and income tax incentives.

Public Attitudes and Concerns about Population Ageing in Japan

1996 ◽  
Vol 16 (4) ◽  
pp. 443-465 ◽  
Author(s):  
Robert L. Clark ◽  
Naohiro Ogawaf
Keyword(s):  
Social Security ◽  
Public Attitudes ◽  
Well Being ◽  
Population Ageing ◽  
Developed Country ◽  
Retirement Benefits ◽  
Nationally Representative ◽  
Survey Responses ◽  
The Impact ◽  
Economic Well Being

AbstractJapan is the most rapidly ageing developed country in the world. Economic, political, and social changes will be necessary in the next 20 years as Japan attempts to adjust to the rapid ageing of its population. This paper examines survey responses by Japanese men and women regarding their attitudes toward the ageing of their country's population, concerns about the impact of anticipated demographic changes on their economic well-being in retirement, and preferences among alternative policy options for changes in the Japanese social security programme. Responses to a nationally representative survey, conducted by Mainichi Newspapers in 1992, were analysed. Key findings indicate that: (1) the Japanese are concerned about the impact of population ageing on their economic well-being in retirement, (2) most Japanese anticipate that earnings will be an important source of their retirement income, but they are worried about employment opportunities, (3) they favour increasing social security taxes instead of cutting retirement benefits, and (4) they favour raising the age of eligibility for social security benefits.

Progress in the Delivery of Health Care in Mexico

PEDIATRICS ◽  
1981 ◽  
Vol 67 (1) ◽  
pp. 155-157
Author(s):  
Robert G. Frazier
Keyword(s):  
Health Care ◽  
Social Security ◽  
Delivery Of Health Care ◽  
Health Technology ◽  
Urban Centers ◽  
Retirement Benefits ◽  
Welfare Services ◽  
The Past ◽  
The Poor ◽  
The Masses

The Joint Pediatric Congress of the National Confederation of Pediatrics in Mexico and of the Mexican Association of Pediatrics, held April 28 through May 4, 1980, provided an unusual opportunity to review the dramatic changes that have been implemented in the past few years in the health care system of Mexico. A social security system, embodying health and welfare services and retirement benefits, became law in Mexico in 1943. In addition to supporting community welfare services, it has struggled to develop a format and resources for delivery of health care to the masses of Mexicans, including the poor or those too isolated from urban centers to have any effective access to the benefits of modern health technology.

This is Lebanon ... A Loaded Phrase

1970 ◽  
pp. 55
Author(s):  
Thomas Hornig
Keyword(s):  
Social Security ◽  
Safety Net ◽  
Social Safety Net ◽  
Residence Permit ◽  
Retirement Benefits ◽  
Work Permit ◽  
Catch 22 ◽  
The Law

When I explain that I’ve had eighteen continuous years of residence in Lebanon; eighteen years as a professor at the Lebanese National Conservatory of Music; eighteen years of marriage to a Lebanese woman; eighteen years of demeaning and costly work permit/ residence permit renewals; eighteen years of living with no social safety net, no social security, no protection under the law, and no retirement benefits; the hair-trigger response is always the same: “This is Lebanon”. This very loaded phrase is the ultimate deal-breaker. It implies apathy, frustration, a painful past and hopelessness. For a foreigner like me it represents an impasse, a ‘catch 22’.

scholarly journals A Look at Retirement Funds in the Iranian Legal System

2019 ◽  
Vol 6 (1) ◽  
pp. 28
Author(s):  
Aidin Bagheri ◽  
Mohamadreza Mojtahdi
Keyword(s):  
Social Security ◽  
Legal System ◽  
Pension Funds ◽  
Macroeconomic Fluctuations ◽  
Retirement Benefits ◽  
The Future ◽  
The Status ◽  
The Difference ◽  
Single Standard ◽  
Retirement Funds

Pension funds are an important pillar of the social security system of the country. Historically, retirement funds in the Iranian legal system have been a source of many problems, most notably financial deficits. The lack of prospects for the future and the uncertain program and unprofessional management, as a result of the lack of transparency and ineffective and sometimes contradictory laws, have all worked together to make retirement funds a problem in the country; this turmoil and turmoil situation And the inadequacies of funds in all respects have caused worries about the future. Reasons for the aging of the population and the decline in employment and ... have increased the seriousness of the crisis. The implementation of early-retirement laws in different periods, macroeconomic fluctuations, and neglect of misguided and non-normative outlooks and government roles, and largely one-way interactions with funds, are one of the most important reasons for the existence of a crisis in retirement funds In recent years. In Iran, the increase in the number of retirement funds has been caused by various programs and systems (various regulations); in the absence of comprehensive welfare and social security systems in the country, the stratification and distribution of decay and support Boxes will also be added. In this context, it is necessary to gain a comprehensive understanding of the status and legal system of the pension funds, with the study of how the administration and the status of the cost are spent, the inputs of these funds and the amount and group covered. In other words, the multiplicity of pension funds and the lack of coordination between these institutions and the lack of a single standard in them and the lack of respect for the fairness of the income received by retirees has caused dissatisfaction with this important group of society, because the type of services and range of support, also from the fund to the fund The difference is different, and this creates discrimination and increases the gap between the strata; it should be noted that the function and function of pension funds is international and the lack of attention to these funds can have serious consequences in the community. Currently, reforms to the rules and regulations of the pension funds and the management and management of these funds are important and important priorities, and the planned measures should be directed towards changing the situation and improving the efficiency and funds and optimal and wise use. Resources are maintained, with no loss or damage to retirement benefits.

scholarly journals The Postretirement Well-Being of Workers With Disabilities

2018 ◽  
Vol 30 (1) ◽  
pp. 46-55 ◽  
Author(s):  
April Yanyuan Wu ◽  
Jody Schimmel Hyde
Keyword(s):  
Social Security ◽  
Older Workers ◽  
Well Being ◽  
Vulnerable Groups ◽  
Retirement Age ◽  
Social Security Administration ◽  
Retirement Benefits ◽  
The Social ◽  
Social Security Disability ◽  
Better Than

Older workers who develop significant limitations in health or functioning face declines in income and consumption and an increased likelihood of poverty in the years prior to retirement. We assess the extent to which those differences persist after reaching retirement age. We use the Health and Retirement Study (HRS) linked to Social Security Administration (SSA) records to compare the postretirement financial well-being of workers who experienced disability onset during their working years with those who did not, based on their claiming behavior for Social Security disability and retirement benefits. We find that even after full retirement age, gaps that emerged prior to retirement persist; those who experienced disability prior to retirement had lower incomes, were more likely to be in poverty, and had significantly lower wealth. Workers with disabilities who claimed Social Security Disability Insurance (DI) fared better than those who were rejected for such benefits, yet both groups were worse off than those who delayed claiming benefits until they were eligible for Social Security Old Age and Survivors Insurance (OASI) benefits. Our findings indicate that any changes to the Social Security benefit structure must be mindful of the short- and longer term implications for already-vulnerable groups of workers.

scholarly journals The Potential Effects of Obesity on Social Security Claiming Behavior and Retirement Benefits

2016 ◽  
Vol 73 (4) ◽  
pp. 723-732
Author(s):  
Melissa A Z Knoll ◽  
Dave Shoffner ◽  
Samantha O’Leary
Keyword(s):  
Social Security ◽  
Retirement Benefits

scholarly journals Macroeconomic Implications of Changes in Social Security Rules

2017 ◽  
Vol 6 (1) ◽  
pp. 1-20
Author(s):  
Bilal Bagis
Keyword(s):  
Social Security ◽  
Capital Stock ◽  
Social Insurance ◽  
Social Security System ◽  
Security System ◽  
Retirement Age ◽  
Social Insurance System ◽  
Retirement Benefits ◽  
Positive Effects ◽  
Recent Reform

The Turkish social insurance system has been feverishly debated for years, particularly through its burden on the economy. The most recent reform is an attempt to neutralize the deterioration within the social security system and its effects on the economy. After the recent reform, ‘the way that retirement benefits are calculated’ is changed unfavorably for workers and the minimum age for retirement is increased. In particular, for an agent with 25 years of social security tax payments, the replacement rate is down from 65 percent to 50 percent. On the other hand, retirement age is up from 60 to 65. The aim of this paper is to investigate the macroeconomic effects of these changes using an OLG model. The author’s findings indicate that labor supply, output and capital stock increase when changes above are applied to the benchmark economy calibrated to the Turkish economy data in 2005. A critical change with the current reform is that the marginal benefit of working has become uniform over ages. In a simulation exercise, the marginal retirement benefit in the benchmark economy is changed to be uniform over ages while keeping the size of social security system unchanged. As a result, the benefit of retiring at a later period increases. However, uniform distribution of the marginal benefits itself decreases both the capital stock and output of the economy. Increasing the retirement age has positive effects on the economy since agents obtain retirement benefits for fewer years and at an older age.

Sign in / Sign up

Export Citation Format

Share Document