Social Security Reform: The Importance of Disability Insurance and Annuities in Individual Accounts

Topics:
Accounting software,
Disability Insurance
Tags:
Annuity,
Benefits,
Disability Insurance,
Finance,
Government,
Human Resources,
Operational Accounting,
Social Security
Source:
Employee Benefit Research Institute Education and Research Fund

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Overview: The current debate on reforming Social Security is focused almost exclusively on retiree benefits, and elected officials have generally said that disability benefits would be ôpreservedö or ôprotectedö under any reform plan that addresses the Social Security programÆs looming financial shortfall. However, in many cases when the Social Security Administration evaluates proposals, cuts in all benefits are assumed. This article addresses issues like these by examining the percentage of individuals born in specific years who will have OASI benefits, DI benefits, both, or neither over their lifetimes, and how long they will receive retiree benefits.

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Format: PDF | Size: 1,270KB | Date: Jul 2005 | Pages: 20

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