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Financial And Actuarial Study Of The National Provident Fund And The Proposed Social Security And National Assistance Scheme
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Book Synopsis Financial and Actuarial Study of the National Provident Fund and the Proposed Social Security and National Assistance Scheme by : International Labour Organisation
Download or read book Financial and Actuarial Study of the National Provident Fund and the Proposed Social Security and National Assistance Scheme written by International Labour Organisation and published by . This book was released on 1976 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project report on the actuarial and financial aspects of the national provident fund and the proposed social security and national assistance scheme in St Kitts Nevis Anguilla - outlines project activities and results in respect of financial organisation of the proposed scheme, etc., and includes a summary of conclusions and recommendations. Statistical tables.
Book Synopsis Prospects for Social Security Reform by : Olivia S. Mitchell
Download or read book Prospects for Social Security Reform written by Olivia S. Mitchell and published by University of Pennsylvania Press. This book was released on 1999-01-29 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States social security system is the nation's largest social insurance program. As such, it has a far-reaching impact throughout the economy, influencing not only old-age economic security but also many behaviors, including corporate employment policy, retirement patterns, and personal saving. In the past, the system's universal coverage and generous benefits ensured popular support to a degree enjoyed by no other form of "big government" social spending. Yet over two-thirds of all Americans today believe that the social security system will face bankruptcy by the time they retire. The question of social security reform—how to reform the system or whether the system needs reform at all—is the subject of heated debate at all levels of government, in the media, and among workers, pensioners, and employers. Prospects for Social Security Reform informs the debate by exploring why the system is at a crossroads today and what to do about it. Contributors detail the size and nature of the problem, explain views of key "stakeholders" regarding reform options, and report new evidence on how reform might affect the economy. Research findings and public opinion polls are analyzed, as are lessons from other countries experimenting with new ways to deliver old-age benefit promises. No other volume includes as diverse and expert a set of perspectives on reform and privatization as those gathered here from economists, actuaries, employers, investment managers, and representatives of organized labor. Among its chapters is the path-breaking study "Social Security Money's Worth," the 1999 winner of the TIAA-CREF's Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.
Book Synopsis The Iron Road to Social Security by : Alec L. Parrott
Download or read book The Iron Road to Social Security written by Alec L. Parrott and published by . This book was released on 1985 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the historical development of social security in the UK - discusses the evolution of various forms of social assistance (the Poor Laws), marine insurance, provident funds, beginning of state intervention (1848); recounts the establishment of the dual social insurance and social assistance scheme in 1948 and the ratification of ILO Convention No. 102; reviews adoption of the scheme in India, Asia, Africa, as well as national level attitudes and international perspectives. References, statistical tables.
Book Synopsis Social Security Programs and Retirement around the World by : Jonathan Gruber
Download or read book Social Security Programs and Retirement around the World written by Jonathan Gruber and published by University of Chicago Press. This book was released on 2009-02-15 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of Social Security is troubled, both in the United States and in most other developed countries with aging populations. As improvements in health care and changes in life styles enable retirees to live longer than ever before, the stress on national budgets will increase substantially. In Social Security Programs and Retirement around the World, Jonathan Gruber, David A. Wise, and experts in many countries examine the consequences of reforming retirement benefits in a dozen nations. Drawing on the work of an international group of noted economists, the editors argue that social security programs provide strong incentives for workers to leave the labor force by retiring and taking the benefits to which they are entitled. By penalizing work, social security systems magnify the increased financial burden caused by aging populations, thus contributing to the insolvency of the system. This book is a model of comparative analysis that evaluates the effects of illustrative policies for countries facing the impending rapid growth of social security benefits. Its insights will help inform one of the most pressing debates.
Book Synopsis Administrative and Financing Problems of Social Security by : Zaccheaus Olu Ajayi
Download or read book Administrative and Financing Problems of Social Security written by Zaccheaus Olu Ajayi and published by . This book was released on 1973 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Actuarial Mathematics of Social Security Pensions by : Subramaniam Iyer
Download or read book Actuarial Mathematics of Social Security Pensions written by Subramaniam Iyer and published by International Labour Organization. This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes the application of actuarial principles and techniques to public social insurance pension schemes. Aims to establish a link between public social security and occupational pension scheme methods. Part one discusses actuarial theory. Part two deals with two techniques: the projection technique, and the present value technique. There is also a brief description of actuarial mathematics.
Book Synopsis Report of the National Commission on Social Security Reform by : United States. National Commission on Social Security Reform
Download or read book Report of the National Commission on Social Security Reform written by United States. National Commission on Social Security Reform and published by . This book was released on 1983 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financing Social Protection by : Michael Cichon
Download or read book Financing Social Protection written by Michael Cichon and published by International Labour Organization. This book was released on 2004 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication considers the range of financing options available for the design of cost-effective and equitable social welfare systems, giving a thorough analysis of their advantages and disadvantages and their financial and economic implications. Written by practitioners for practitioners, the book discusses the design and maintenance of national social protection systems that seek to ensure effective and efficient use of available resources at the community, national and international levels while supporting long-term economic development. The book explores theoretical and practical policy questions, as well as looking at the policy process that determines the affordable levels of and scope of social protection in a given country.
Book Synopsis Social Security Financing by : Felicity Skidmore
Download or read book Social Security Financing written by Felicity Skidmore and published by Cambridge, Mass. : MIT Press. This book was released on 1981 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of its working life--which began in 1935--the social security system has been the most popular and creditable social program in the United States. Its benefits have grown over the years--and not only in nominal terms, but in real ones as well. Public trust in its soundness has been as close to universal as its coverage, which now stands at nearly 94 percent of the working population. By the early 1970s, however, serious cracks in the financial underpinnings of the system began to be widely noted. The crisis of public confidence that developed--with some clamoring to get out of the system altogether--realistically reflected financial difficulties that are apt to persist through the first half of the twenty-first century, based on current projections of declining birth rates (causing a higher retiree/worker ratio) and productivity growth rates."Social Security Financing" faces up to these and related problems and proposes a range of workable solutions, including alternative methods for financing the system that would overhaul its entire fiscal structure. The book--which is based on an intensive study sponsored by the Social Security Administration and conducted by Mathematica Policy Research and the National Institute for Advanced Studies in 1980--deals with both the economics and the politics of the issues involved.Contents: "Alternate Methods of Social Security Financing: Overview of the Symposium, " Felicity Skidmore; "Issues in Social Security Financing: History and Policy Framework, " Marilyn Manser; "The Economic Effects of Social Security's OASI Program, " George F. Break; "Financing Social Security: A Reappraisal, " Richard A. Musgrave; "Financing Social Security: VAT Versus the Payroll Tax, " Charles E. McLure, Jr.; "Political Perspective on Social Security Financing, " Peter N. Stearns; "Sorting Out the Issues in Social Security Financing: American Politics and Public Opinion, " D. Garth Taylor.
Book Synopsis Demographic and Financial Projections in Social Security Pension Schemes by : A. S. M. Kashef
Download or read book Demographic and Financial Projections in Social Security Pension Schemes written by A. S. M. Kashef and published by . This book was released on 1983 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: ISSA pub. Conference paper, comparison of national replies concerning the use of financing and demographic projections for the financial management of pension schemes in ten developing countries - compares methodologys employed (actuarial valuation, sample population models and parameters used, frequency, legal requirement, etc.); includes a comparison with developed countries. Questionnaire.
Download or read book Pension Puzzles written by Melissa Hardy and published by Russell Sage Foundation. This book was released on 2007-07-19 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rancorous debate over the future of Social Security reached a fever pitch in 2005 when President Bush unsuccessfully proposed a plan for private retirement accounts. 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. Pension Puzzles cuts through the sloganeering of politicians in both parties, presenting Social Security's technical problems evenhandedly and showing how the Social Security debate is one piece of a larger political struggle. Hardy and Hazelrigg strip away the ideological baggage to explicate the basic terms and concepts needed to understand the predicament of Social Security. They compare the cases for privatizing Social Security and for preserving the program in its current form with adjustments to taxes and benefits, and they examine the different economic projections assumed by proponents of each approach. In pursuit of its privatization agenda, Hardy and Hazelrigg argue, the Bush administration has misled the public on an issue that was already widely misunderstood. The authors show how privatization proponents have relied on dubious assumptions about future rates of return to stock market investments and about the average citizen's ability to make informed investment decisions. In addition, the administration has painted the real but manageable shortfalls in Social Security revenue as a fiscal crisis. Projections of Social Security revenues and benefits by the Social Security Administration have treated revenues as fixed, when in fact they are determined by choices made by Congress. Ultimately, as Hardy and Hazelrigg point out, the clash over Social Security is about more than technical fiscal issues: it is part of the larger culture wars and the ideological struggle over what kind of social responsibilities and rights American citizens should have. This rancorous partisan wrangling, the alarmist talk about a "crisis" in Social Security, and the outright deception employed in this debate have all undermined the trust between citizens and government that is needed to restore the solvency of Social Security for future generations of retirees. Drawing together economic analyses, public opinion data, and historical narratives, Pension Puzzles is a lucid and engaging guide to the major proposals for Social Security reform. It is also an insightful exploration of what that debate reveals about American political culture in the twenty-first century. A Volume in the American Sociological Association's Rose Series in Sociology
Book Synopsis Framing the Social Security Debate by : R. Douglas Arnold
Download or read book Framing the Social Security Debate written by R. Douglas Arnold and published by Jessica Kingsley Publishers. This book was released on 1998 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competing reform proposals reflect contrasting views about the nature of the Social Security problem and how to solve it. This book examines issues about privatization, national savings and economic growth, the political risks and realities in reforms, lessons from private pension developments in the United States, and the efforts of other advanced industrial countries to adapt their old-age pensions to an aging population. It also poses philosophical arguments about collective versus individual responsibility and the implications of market risks and political risks for stable and secure retirement income policy.
Book Synopsis Internal Guidelines for the Actuarial Analysis of a National Social Security Pension Scheme by :
Download or read book Internal Guidelines for the Actuarial Analysis of a National Social Security Pension Scheme written by and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Options and Experience of Provident Funds in Alternative Types and Forms of Benefits by :
Download or read book Options and Experience of Provident Funds in Alternative Types and Forms of Benefits written by and published by . This book was released on 1996 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An American Philosophy of Social Security by : James Douglas Brown
Download or read book An American Philosophy of Social Security written by James Douglas Brown and published by Princeton University Press. This book was released on 2015-03-08 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is our system of social security, which involves an annual dispersement of thirty billion dollars, as effective and as equitable as it might be? J. Douglas Brown's analysis of the policies of this program and the philosophy on which it was built offers insights into its relation to our social and political systems. He was one of a small number of people who drafted the original Social Security program enacted in 1935. He views a national welfare system as a necessary adjunct to our national system of social insurance (Social Security, Medicare, etc.) and fears that without it the role of social insurance to prevent dependency may be distorted. Social insurance, according to Dr. Brown, should extend normal self-sufficiency when contingencies interrupt income normally received, whereas public assistance should remain distinct from social insurance and protect those unable to support themselves. Dr. Blown also addresses himself to the questions of graduated income as a source of social insurance revenues, determination of benefits as related to an individual's imputed needs based on his average earnings, and permanent vesting of pension credits accrued under private programs. The most urgent need is tor a better distribution of health services to alleviate a situation in which doctors are seemingly more concerned with preserving an obsolete but lucrative system of compensation than with cooperating to reorganize an essential service. Originally published in 1972. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis The Cost and Financing of Social Security by : Lewis Meriam
Download or read book The Cost and Financing of Social Security written by Lewis Meriam and published by . This book was released on 1950 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Future Social Security Financing Alternatives and National Saving by : Michael J. Boskin
Download or read book Future Social Security Financing Alternatives and National Saving written by Michael J. Boskin and published by . This book was released on 1987 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the short-run financial status of Social Security is secure, its long-run financial status is very uncertain. The retirement and disability part of the system (OASDI) is projected to be in long-run actuarial deficit under the Social Security Administration's intermediate economic and demographic f9recasts. Hospital Insurance (HI) is projected to run a large deficit, beginning in the 1990s. OASDI is projected to accrue a very large surplus over the next thirty years, peaking at almost 30% of GNP. Social Security has never accrued a surplus this large; it may well be dissipated for other purposes, such as to bail out HI, fund other programs, raise benefits, or cut taxes. These alternatives may affect net national saving, directly because Social Security surpluses or deficits are part of government sector saving and indirectly through effects on private saving or the non-Social Security part of the federal government budget. This paper documents how various systematic deviations from, or return to, pay-as-you-go finance of the Social Security system may affect net national saving. For example, under base case assumptions with respect to the non-Social Security deficit, a constant net private saving rate of 6%, and long-run budget balance in the state and local government sector, the Social Security deficit offsets 40% of other net national saving over the Social Security Administration's 75-year projection period. In the first 25-year sub-period, the Social Security surplus adds one-sixth to other net national saving; in the second, it offsets almost one-half; and in the third, it offsets five-sixths of other net national saving. Of course, private saving may respond to changes in Social Security's funding as may the non-Social Security balance in the federal budget. The paper presents several alternative scenarios such as benefits increasing or taxes falling during the OASDI surplus period, various stylized rules concerning the non-Social Security budget deficit, and separate balancing of HI via outlay reductions or tax increases. The results indicate that OASDI may effect net national saving substantially. For example, if benefits ratchet up during what would have been the period of the OASDI surplus, the OASDI system may subsequently offset virtually all of remaining net national saving. On the other hand, if HI is brought into balance and the OASDI surplus is allowed to accrue, Social Security will offset only about 4% of other net national saving. Changes in private saving may accentuate or ameliorate the swings in the net national saving rate generated by the future financing of OASDHI, but the alternative financing options will be important determinant of net national saving, and therefore of private domestic investment and international capital flows.
