Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Financial status of the Social Security Program.

R J Myers

    Social Security Bulletin
    |March 1, 1983
    PubMed
    Summary

    Social Security financing faced challenges due to economic shifts, moving from a reserve to a pay-as-you-go system. Projections show potential deficits impacting the Social Security Trust Funds.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    Microstructure of magnesium silicate hydrate pastes influenced by carbonate and mixing method.

    Materials and structures·2025
    Same author

    Validity of centenarian data in the 1960 Census.

    Demography·2011
    Same author

    The impact of Medicare on demography.

    Demography·2011
    Same author

    Regeneration of human hairs in the eyebrows and in the scalp region superior to the ear.

    The Anatomical record·2010
    Same author

    Suppression of proximity effect and the enhancement of p-wave superconductivity in the Sr2RuO4-Ru system.

    Physical review letters·2010
    Same author

    Rates of anion exchange in ion-exchange resins.

    The Journal of physical and colloid chemistry·2010

    Area of Science:

    • Economics
    • Public Finance
    • Social Security Policy

    Background:

    • Background paper for the National Commission on Social Security Reform.
    • Published as Appendix J in the Commission's Report.
    • Authored by Robert J. Myers, Executive Director of the Commission.

    Purpose of the Study:

    • Outline the dimensions of the Social Security financing problem.
    • Analyze the operational and funding procedures of the Social Security Trust Funds.
    • Assess the financial soundness and status of Social Security programs.

    Main Methods:

    • Review of Social Security Trust Fund operations and funding procedures.
    • Analysis of financial soundness measures.
    • Examination of past, present, and projected financial status of trust funds.
    • Economic modeling using various assumptions to estimate future deficits.

    Main Results:

    • The Social Security funding basis shifted from modified-reserve to pay-as-you-go.
    • Adverse economic conditions (1979-1981) disrupted the balance between income and outgo.
    • Estimates of potential program deficits were calculated for the short run (1980s) and long term (1982-2055).

    Conclusions:

    • The study highlights significant financial challenges facing the Social Security program.
    • Economic factors and funding shifts created projected deficits.
    • Understanding these financial dimensions is crucial for policy reform.

    Related Experiment Videos