1999

UM99-06: Spouse and Survivor Benefits: Use Rates with Earnings Related Marriage, Divorce and Assortative Mating

Social Security benefits depend on the employment and earnings history of the covered worker, but, especially for women, they depend on one’s marital history and the employment and earnings history of one’s spouse. This study examines the interrelationship between marriage,…

UM99-07: Stochastic Modeling of the Dynamics of OASDI

We present forecasts of the Social Security trust fund, modeling key demographic and economic variables as time series. We evaluate plans for achieving long-term solvency by raising the normal retirement age (NRA), increasing taxes, or investing some portion of the…

UM99-Q1: Risk Sharing Under Alternative Social Security Reform Proposals

Personal accounts are appealing in the context of Social Security reform for several reasons. One is that such accounts would give workers ownership and a degree of responsibility over their own retirement saving. Another is that personal accounts would afford…

UM99-Q2: Health Limitations and Early Retirement

This policy brief outlines issues policy makers will need to take into account when contemplating the effect of potential policy changes that affect workers who leave the workforce before reaching the normal retirement age. Among people who are out of…

UM99-Q4: Critical Literature Review on the Evidence that Employer Matching Contributions to Defined Contribution Plans Increases Employee Participation in and Contributions to Such Plans

This literature review yielded several conclusions. First, the existence of an employer match in 401(k) plans increases employee participation, and the participation rate generally rises with the increase in the employer match rates. Less precise evidence is found on the…