Publication Date
4-24-2006
DOI
10.17848/9781429454858
Abstract
John Turner uses the documented experiences of many countries—including the U.K., Sweden, Chile, Australia, Canada, and others—and the tools of economics to analyze the public policy issues surrounding the proposed implementation of individual accounts as part of the U.S. Social Security system. The result is a book that clarifies these issues while offering direction to Social Security policymakers. Also included is a comprehensive overview of the types of defined contribution plans in use today.
Files
Download Full Text (2.3 MB)
ISBN
9780880992831 (cloth) ; 9780880992824 (pbk.) ; 9781429454858 (ebook)
Subject Areas
LABOR MARKET ISSUES; Retirement and pensions
Citation
Turner, John. 2006. Individual Accounts for Social Security Reform: International Perspectives on the U.S. Debate. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9781429454858
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.
Contents
1. Individual Accounts and Social Security Reform
2. Introduction to Individual Accounts
3. Individual Accounts in Social Security Reform: The Debate
4. Agency Risk and the Management of Individual Account Investments by Corporations and Mutual Funds
5. Individual Management Risk
6. Labor Market Issues
7. Benefits and Taxes
8. Summary and Conclusions
Appendix A-Dealing with Financial Market Risk: Guarantees in Individual Accounts
Appendix B-Labor Market Distortions Due to Contribution Evasion and Avoidance