Social Security: What Role for the Future?

by Peter A. Diamond

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Recent reports predict that, barring any changes, the Social Security program will become insolvent--no longer able to pay promised benefits in full--around the year 2030, well within the retirement years of the baby boom generation. They also predict that the trust fund will stop being a net contributor and become instead a net claimant on the federal budget in the year 2013--much earlier than previously thought. With the world population aging,...

• Format: Paperback
• Language: English
• ISBN: 0815718357
• ISBN13: 9780815718352
• Release Date: January 1996
• Publisher: Brookings Institution Press
• Length: 240 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.7" x 6.1" x 9.1"