Retirement income (11 - 20 of 21 items)
Social Security: Evaluating Reform Proposals
AIMD/HEHS-00-29: Published: Nov 4, 1999. Publicly Released: Nov 5, 1999.
Pursuant to a congressional request, GAO analyzed the potential budgetary and economic effects of several Social Security reform proposals.GAO noted that: (1) GAO's assessments of the reform proposals are based on the analytic framework GAO provided to Congress last March; (2) that framework consists of three basic criteria: (a) the extent to which the proposal achieves sustainable solvency and ho...
Social Security Reform: Implications of Private Annuities for Individual Accounts
HEHS-99-160: Published: Jul 30, 1999. Publicly Released: Jul 30, 1999.
Pursuant to a congressional request, GAO provided information on the implications of establishing individual social security accounts, focusing on: (1) the effect individual social security accounts might have on the existing annuities market; (2) factors that affect the amount of annuity payments; and (3) the potential role of the federal government in regulating the annuities market if individua...
Social Security: Criteria for Evaluating Social Security Reform Proposals
T-HEHS-99-94: Published: Mar 25, 1999. Publicly Released: Mar 25, 1999.
Pursuant to a congressional request, GAO discussed how best to ensure the long-term viability of the Social Security Program.GAO noted that: (1) as attention has focused on social security's future financial situation, a wide array of proposals have been put forth; (2) some proposals would reduce benefits, some would raise revenues, and most propose some combination to restore financial solvency;...
Social Security: Individual Accounts as an Element of Long-Term Financing Reform
T-HEHS-99-86: Published: Mar 16, 1999. Publicly Released: Mar 16, 1999.
Pursuant to a congressional request, GAO discussed how best to ensure the long-term viability of the nation's social security program.GAO noted that: (1) social security forms the foundation of the nation's retirement income structure, and in so doing, provides critical benefits to millions of Americans; (2) yet, problems facing this program pose significant policy challenges that need to be addre...
Social Security Reform: Implications for Women
T-HEHS-99-52: Published: Feb 3, 1999. Publicly Released: Feb 3, 1999.
Pursuant to a congressional request, GAO reviewed: (1) how women currently fare under social security; (2) how they might be affected by some of the proposed changes in benefits to restore solvency; and (3) how women might fare under a system restructured to include individual accounts.GAO noted that: (1) women have benefited significantly from the social security program; (2) many women who work...
Social Security: Different Approaches for Addressing Program Solvency
HEHS-98-33: Published: Jul 22, 1998. Publicly Released: Aug 21, 1998.
Pursuant to a congressional request, GAO provided information on issues related to social security financing, focusing on: (1) the various perspectives that underlie the current solvency debate; (2) the reform options within the current program structure; (3) the issues that might arise if social security were restructured to include individual retirement accounts; and (4) the likely impacts on na...
Social Security: Restoring Long-Term Solvency Will Require Difficult Choices
T-HEHS-98-95: Published: Feb 10, 1998. Publicly Released: Feb 10, 1998.
Pursuant to a congressional request, GAO discussed the goals of the social security program and the difficult choices that restoring its long-term solvency will require, focusing on: (1) balancing income adequacy and individual equity; (2) determining who bears risks and responsibilities; (3) choosing among various benefit reductions and revenue increases; (4) using pay-as-you-go or advance fundin...
Social Security Reform: Demographic Trends Underlie Long-Term Financing Shortage
T-HEHS-98-43: Published: Nov 20, 1997. Publicly Released: Nov 20, 1997.
GAO discussed: (1) the demographic trends contributing to the social security financing problem; (2) when the problem will begin to confront the federal government; (3) the alternatives for addressing the problem; and (4) the implications of these alternatives.GAO noted that: (1) increasing life expectancy and declining fertility rates pose serious challenges not just for the social security syste...
Social Security Retirement Accounts
HEHS-94-226R: Published: Aug 12, 1994. Publicly Released: Sep 12, 1994.
Pursuant to a congressional request, GAO reviewed proposed legislation to create a system of individual Social Security retirement accounts (ISSRA), focusing on the: (1) implications of H.R. 306 on the retirement income of individuals; and (2) key differences between H.R. 306 and the 1990 proposal. GAO noted that: (1) ISSRA could be integrated with the Social Security benefit structure and, given...
Social Security: Analysis of a Proposal to Privatize Trust Fund Reserves
HRD-91-22: Published: Dec 12, 1990. Publicly Released: Jan 11, 1991.
Pursuant to a congressional request, GAO reviewed a congressional proposal to create a new system of Individual Social Security Retirement Accounts (ISSRA), in which workers could place accumulated social security reserves for private-sector investment.GAO found that: (1) the proposal's effect on national saving was unclear; (2) ISSRA could be integrated with the existing progressive benefit struc...