Funding Social Security: A Strategic Alternative

Laurence S. Seidman, "Funding Social Security: A Strategic Alternative"
Publisher: Cambridge University Press | 1999 | ISBN 0521652456 | File type: PDF | 200 pages | 3.6 mb

Funding Social Security offers serious consideration of the debate on social security reform that is taking place in many countries around the world. The work 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. Professor Seidman's 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.

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