Publications -- Social Security

BA #435 – Is Workers' Compensation a Model for Unemployment Insurance?

In the early 20th century, state governments and the District of Columbia set up Workers' Compensation (WC) systems to pay employees' lost income and medical expenses due to job-related accidents.

BA #429 – Social Security and Stock Market Risk

Social Security reform is one of the nation's most prominent domestic policy issues. A common feature of many leading Social Security reform plans is that they would prefund benefits by integrating personal retirement accounts into the current system.

BA #428 – How Not to Be Poor

About 31 million Americans live in households with incomes below the poverty level, according to the latest U.S. Census data. Poverty is more than a lack of income. It is also the consequence of specific behaviors and decisions.

BA #426 – Is Extending Unemployment Benefits A Good Idea?

A desire to relieve suffering can sometimes hurt. Moving an accident victim can worsen his injuries, despite our good intentions. Similarly, a desire to help the unemployed can actually delay their reemployment.

BA #424 – Chile Leads the Way with Individual Unemployment Accounts

Chile was the first country in the western hemisphere to set up a social security system, and the first country in the world to reform it using individual investment accounts.

BA #417 – How to Save Social Security

President Bush's bipartisan Social Security reform commission delivered its final recommendations for repairing Social Security in December 2001.

ST #253 – Social Security Reform Around the World: Lessons from Other Countries

Social Security reform is one of the most prominent domestic policy issues in the United States. The U.S. is not alone in facing the daunting challenges posed by its retirement security program.

BA #404 – African Americans Benefit Most from Personal Retirement Accounts

All Americans would benefit from Social Security reform, but African Americans would benefit the most. African Americans rely more heavily than other demographic groups on Social Security for a secure retirement; thus they stand to lose the most from an unreformed system.

ST #252 – The Economic Cost of the Social Security Payroll Tax

The payroll tax that funds Social Security, Medicare and Disability Insurance, called FICA, is already the largest tax most American families pay. In the future, it will claim an even greater share of Americans' incomes. From its current level of 15.3 percent (combining the employer and employee shares), the payroll tax will need to rise above 25 percent of workers' incomes by the middle of the century in order to pay benefits to today's teenagers when they retire.

BA #395 – Four Welfare Reforms

Unprecedented numbers of individuals have moved from welfare to employment since enactment of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA), making it the most successful welfare reform ever.