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来源类型 | Brief |
规范类型 | 简报 |
Social Security COLA Reductions Would Weaken Financial Security for the Oldest and Poorest Retirees | |
Richard W. Johnson; Joshua H. Goldwyn; Melissa M. Favreault | |
发表日期 | 2004-09-20 |
出版年 | 2004 |
语种 | 英语 |
概述 | Cutting cost-of-living adjustments (COLAs) is often proposed as a way to limit Social Security costs, which will soar as the nation ages. This brief shows, however, that even modest COLA reductions would lead to substantial cuts in family income for the oldest and poorest retirees. Trimming COLAs to one-half of a percentage point below the annual percentage change in the Consumer Price Index, for example, would |
摘要 | Cutting cost-of-living adjustments (COLAs) is often proposed as a way to limit Social Security costs, which will soar as the nation ages. This brief shows, however, that even modest COLA reductions would lead to substantial cuts in family income for the oldest and poorest retirees. Trimming COLAs to one-half of a percentage point below the annual percentage change in the Consumer Price Index, for example, would reduce median Social Security benefits in 2040 by 13 percent for adults ages 85 and older, and would push an additional 2 million older adults onto the bottom rungs of the income distribution.
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主题 | Aging |
URL | https://www.urban.org/research/publication/social-security-cola-reductions-would-weaken-financial-security-oldest-and-poorest-retirees |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/475189 |
推荐引用方式 GB/T 7714 | Richard W. Johnson,Joshua H. Goldwyn,Melissa M. Favreault. Social Security COLA Reductions Would Weaken Financial Security for the Oldest and Poorest Retirees. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
311063-Social-Securi(93KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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