Minimum Benefits in Social Security

Melissa M. Favreault, Gordon B. T. Mermin, C. Eugene Steuerle and Robert K. Triest

Chapter 13 in Government Spending on the Elderly, 2007, pp 347-392 from Palgrave Macmillan

Abstract: Abstract In 1998, the bipartisan National Commission on Retirement Policy advanced a reform proposal that contained a minimum benefit within Social Security. Since then, numerous congressional proposals have included minimum benefits as part of a package of reforms, and a commission President George W. Bush set up during his first term also recommended one. Little effort, however, has been made to develop the rationale for a minimum benefit or to examine alternative designs.1 As a consequence, the design of a minimum benefit — or, for that matter, of almost all redistributive formulas within Social Security — has seldom been based on any theoretical or empirical notion of exactly what goals are sought and what types of formulaic adjustments would best achieve them.

Keywords: Social Security; Supplemental Security Income; Social Security Benefit; Bend Point; Social Security Administration (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59144-8_13

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230591448

DOI: 10.1057/9780230591448_13

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().