The Center for Retirement Research at Boston College has released a new Issue in Brief: "A New Social Security 'Notch'? Bad News for People Born in 1947" by Andrew G. Biggs. The brief's key findings are: The brief is available here. Last year I wrote on this subject in Forbes, available here. The CRR issue brief goes into much greater detail.
Tuesday, May 25, 2010
New issue brief: “A New Social Security ‘Notch’? Bad News for People Born in 1947”
Subscribe to:
Post Comments (Atom)
1 comment:
If you suggest a "make-up" for the 1947 cohort, what would you do to reduce benefits for the 1948 cohort, who have obviously "lucked out" in the social security lottery? If you are going to leave the 1948 cohort untouched, you should raise benefits for all the previous cohorts, not just the 1947 cohort.
Looking at Figure 2, 1948 is farther from "the average" than 1947.
Post a Comment