Social Security and Work

Blahous, Charles
January 2010
National Affairs;Winter2010, Vol. 2, p49
The article discusses the challenges and reforms in Social Security. The idea for personal accounts proposed during the administration of former U.S. president George W. Bush, the computation for Actuarial Reduction Factor and the Delayed Retirement Credit are explained. Suggestions to reform the system include improving the Average Indexed Monthly Earnings computation, removing the earning limit for seniors and putting payroll relief for working seniors.


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