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Social Security: Analysis of a Proposal to Privatize Trust Fund Reserves

HRD-91-22 Published: Dec 12, 1990. Publicly Released: Jan 11, 1991.
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Highlights

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.

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Full Report (44 pages)

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Topics

Retirement Security
Budget deficitBudgetary reservesDeficit reductionRetireesEconomic analysisFederal social security programsFunds managementFuture budget projectionsRetirement benefitsSocial security benefitsTrust funds