Implications of the Bush Commission pension reforms for married couples

Implications of the Bush Commission pension reforms for married couples

Implications of the Bush Commission pension reforms for married couples

Bosworth

Barry

Bosworth, Barry

Author

Author

Burtless

Gary

Burtless, Gary

Author

Author

Keys

Benjamin

Keys, Benjamin

Author

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20032003monographic

Chestnut Hill, Mass.

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2003

2003

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

In December 2001 the Presidents Commission to Strengthen Social Security published a report describing plans to reform Social Security through the introduction of new, privately managed, defined-contribution pension accounts. The new accounts are to be financed by diverting a portion of payroll taxes that are now used to finance pensions under the existing defined-benefit public pension system. This paper evaluates the overall impact of the Commissions second plan on the distribution of retirement income and rates of return on pension contributions within and among future generations of married couples.

Barry Bosworth, Gary Burtless and Benjamin Keys.

CRR WP2003-3

CRR WP2003-3

CRR WP

2003-3

http://crr.bc.edu/images/stories/Working_Papers/wp_2003-03.pdf

MChBEnglisheng

MChB

Englisheng

English

eng