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- W2254602440 abstract "Social Security reform can be viewed as a method of reducing the system’s implicit debt. The program unfunded obligation measures the system’s overall financing shortfall, while the current generation unfunded liability measures the debt the next generation owes the current participants of the system. A successful Social Security reform must restore the system to financial solvency, essentially reducing the program unfunded obligation to zero. In so doing, any reform must deal with the debt owed to the current generation. In this paper we examine three reforms and evaluate the extent that each deals with the paying off the current generation debt." @default.
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- W2254602440 date "2005-01-01" @default.
- W2254602440 modified "2023-09-23" @default.
- W2254602440 title "Private Accounts as a Solution to Social Security's Debt" @default.
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