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Social Security Projections and Reform Options

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richardvhurst

This document discusses the history and current state of Social Security in the United States. It provides background on how Social Security was established in the 1930s to provide economic security for older Americans. It also discusses criticisms of the current Social Security system and various proposals for reforming it, including partially privatizing accounts or raising taxes. Projections show the system will face a funding shortfall in coming decades as more baby boomers retire.

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By: Richard Hurst
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“ Stochastic Models of the Social Security Trust Funds”, SSA.gov CBOLT Model
“ Stochastic Models of the Social Security Trust Funds”, SSA.gov TL Model
“ Stochastic Models of the Social Security Trust Funds”, SSA.gov OCACT Stochastic Model
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Social Security Projections and Reform Options