Social Security Privatization: What Are the Issues? Technical Paper 1999-8

Randall P. Mariger

No 13340, Working Papers from Congressional Budget Office

Abstract: Social Security privatization is now receiving much attention in policy circles. Proposed privatization plans range from modest changes in the mix of assets held by the Social Security trust fund to the phased-in replacement of all Social Security benefits and taxes with mandatory Individual Retirement Accounts (IRAs). Much of the current interest in privatization stems from the realization that any reform of Social Security that is financially feasible and that maintains the program’s current structure would not be a good deal for current and future

Date: 1999-08-01
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