Funding Social Security(English, Hardcover, Seidman Laurence S.) Offer
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- Language: English
- Binding: Hardcover
- Publisher: Cambridge University Press
- Genre: Business & Economics
- ISBN: 9780521652452, 9780521652452
- Pages: 200
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Product Features:
Funding Social Security Features & Specifications stand apart in the JKSB : Welfare & benefit systems category. The details about Funding Social Security(English, Hardcover, Seidman Laurence S.) are given below as well. Unboxing Funding Social Security specs Language: English, Binding: Hardcover, Publisher: Cambridge University Press, Genre: Business & Economics, ISBN: 9780521652452, 9780521652452, Pages: 200, & more details are given below
A serious consideration of the debate on social security reform that is taking place in many countries around the world. Professor Seidman advocates the concept of 'funded social security' as a middle position between pay-as-you-go (PAYGO) social security and privatized social security, and constitutes a politically strategic alternative. His analysis covers two distinct components, fund accumulation and portfolio diversification. The concept of funded social security uses a mix of payroll taxes and portfolio investment income to finance benefits. With funded social security, the government contracts with private investment firms to manage the portfolio of the social security trust fund. It is entirely a defined-benefit plan without any individual defined-contribution accounts; each retiree's benefit is linked by a legislated formula to the retiree's own wage history. The benefit is an annuity - an annual benefit that continues as long as the retiree (or spouse) lives - and is automatically adjusted annually for inflation.
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Book Details
| Title | Funding Social Security |
| Imprint | Cambridge University Press |
| Product Form | Hardcover |
| Publisher | Cambridge University Press |
| Genre | Business & Economics |
| Source Type | N |
| ISBN13 | 9780521652452 |
| Book Category | Social Science Books |
| BISAC Subject Heading | BUS051000 |
| Book Subcategory | Society and Culture Books |
| ISBN10 | 9780521652452 |
| Language | English |
Dimensions
| Width | 18 mm |
| Height | 238 mm |
| Length | 160 mm |
| Weight | 415 gr |
Books Info
| Language | English |
| Binding | Hardcover |
| Pages | 200 |
| Publisher | Cambridge University Press |
| Year | 0 |
| Author | Seidman Laurence S. |
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