Social Security: Does it Need to be Reformed, Left Alone Or Protected from the Politicos?
Nova Science Publishers, Jan 1, 2001 - Political Science - 233 pages
Most people think that the United States social security system is safe. But is it? Have its billions been poured into bombs for Kosovo, or political plumbs for the keepers of the flame? The government has masterfully utilised subterfuge to mask whatever is really happening to the nest eggs of its trusting citizens. This book attempts to shed light on the social security issues of the day hoping that Diogenes did not search in vain.
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Social Security Reform
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106th Congress actuarial amendments amount annual annuity assets average baseline benefit formula bill billion budget surpluses carveout cash changes COLAs collective investment contend costs current law debt reduction disability early retirement earnings test economic effect eligibility employees enacted federal budget federal debt financing full retirement age future retirees Herger households increase individual accounts Insurance legislation long-range lump-sum distributions Medicare month OASDI offset paid participation payable payments payroll tax personal accounts projected proposals quarters of coverage raised received recipients reduction factors replacement rates retirement benefits retirement income retirement plan retiring at age revenues rolled Section Security trust funds Senate Social Security Act Social Security Administration Social Security benefits Social Security surpluses Social Security system Social Security taxes Social Security trust Social Security's spousal benefits spouses SSIA Supplemental Security Income tax rate Thrift Savings Plan Treasury trillion wages workers retiring