Social Security Rates of Return with "Progressive Indexation"

Dean Baker and David Rosnick

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: This paper calculated rates of return for wage earners corresponding to Social Security Administration's definition of low-, medium-, high- and maximum-earners. It finds that the "progressive indexation" proposal endorsed by President Bush would reduce the rate of returns that most workers would receive from Social Security, even with private accounts.

Date: 2005-05
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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2005-18

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