Should The Social Security Surplus Be Invested In The Stock Market?
July 19, 2001
NCPA to Release Study Showing Risk of Investing in the Stock Market is Less Than Doing Nothing
WASHINGTON (July 19, 2001) -- Coming just one day before the President's Commission to Strengthen Social Security is scheduled to release its interim report, the National Center for Policy Analysis (NCPA) will unveil a new study on the risk of investing the Social Security surplus in the stock market at a news conference at the National Press Club. Key information from a soon to be released study, which details the full future impact of maintaining the status quo on payroll tax rates and the debt, will also be discussed.
The study will answer several important questions, including:
- How risky is the stock market?
- What's the best and worst that could happen?
- Could people with the same income end up with radically different pensions at retirement?
- What's the risk of doing nothing?
WHO: National Center For Policy Analysis John C. Goodman, NCPA President; Andrew Rettenmaier, Texas A&M's Private Enterprise Research Center
WHAT: News Conference To Release: "Stock Market Risk And Social Security"
WHEN: Monday, July 23, 2001, 9:30 Am ET
WHERE: Zenger Room, National Press Club, Washington, DC
Stock Market Risk and Social Security, co-authored by Texas A&M University economist Andrew Rettenmaier, is part of an ongoing NCPA research project conducted by NCPA Senior Fellow Thomas R. Saving, Social Security Trustee and member of the President's Commission to Strengthen Social Security.