Social Security: Issues in Comparing Rates of Return With Market Investments
HEHS-99-110
Published: Aug 05, 1999. Publicly Released: Aug 05, 1999.
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Highlights
Pursuant to a congressional request, GAO: (1) examined the estimates of social security's implicit rates of return for different birth years, earning levels, household configurations, and other demographic groupings; (2) examined rates of return available on private market investments; and (3) discussed the issues that arise from comparing social security and market investment returns.
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Topics
Comparative analysisFederal social security programsInvestmentsProjectionsRetirement benefitsRetireesSocial security benefitsInterest ratesBid proposalsInflation