Reshuffling Responsibilities in Old Age: The United States in a Comparative Perspective

Timothy Smeeding ()

No 153, LIS Working papers from LIS Cross-National Data Center in Luxembourg

Abstract: It is increasingly clear that the United States has adopted a strategic goal to shift federally-funded entitlement programs from a defined benefit to a defined cost basis. A cross-national comparison, this paper discusses the 1996 Welfare Reform Act and its probable effect on other federal entitlements, such as Medicaid, Medicare, and Social Security. Who will be at-risk as economic and financial responsibilities in old age are reshuffled?

Pages: 28 pages
Date: 1997-02
References: Add references at CitEc
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Published in J. Gonyea, ed. Re-Securing Social Security and Medicare: Understanding Privatization and Risk, Gerontological Society of America, May 1998, pp. 24-36.

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