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"Although efforts to reform Social Security seem to have reached an impasse, the long-term problem - the projected Social Security deficit - remains. In Pension Puzzles, sociologists Melissa Hardy and Lawrence Hazelrigg explain for a general audience the fiscal challenges facing Social Security and explore the larger political context of the Social Security debate. Drawing together economic analyses, public opinion data, and historical narratives,...
Author
Description
Argues that the U.S. retirement income system faces an enormous challenge as the baby boom generation nears retirement age. Explores the use of equities as a means of solving social security's financing problems. By reviewing the experience of the United Kingdom, Australia and Canada, examines the three main approaches for introducing equities into the U.S. social security programme.
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