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Social security wealth - PowerPoint PPT Presentation

Savings, Retirement, and Social Security

Savings, Retirement, and Social Security

Savings, Retirement, and Social Security Social Security Social Security is an example of a social insurance program. Social Security provides income for older individuals. Income comes in form of an annuity, i.e. the individual receives income payments until he dies. Annuities

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820 views • 39 slides
Important Social Insurance Programs

Important Social Insurance Programs

Important Social Insurance Programs. Social Security Unemployment insurance Disability Insurance Workers Compensation Medicare. Distributional Issues. Actuarially fair return Intergenerational redistribution Total benefits = N b * B Total taxes = t * N w * w

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496 views • 33 slides
SOCIAL SECURITY

SOCIAL SECURITY

SOCIAL SECURITY. Chapter 11. Social Security Expenditures (1939-2011). Source: Social Security Trustees [2012]. Why Have Social Security?. Consumption Smoothing and the Annuity Market How Social Security works Annuity Consumption smoothing Adverse Selection and the Annuity Market

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546 views • 30 slides
The Economic Effects of Social Security

The Economic Effects of Social Security

The Economic Effects of Social Security. October 10-12, 2005. By the end of today, you should be able to:. Describe effect of Social Security on labor supply, and why we care Describe effect of Social Security on national saving, and why we care. Social Security & Labor Supply.

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334 views • 20 slides

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