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The Public Pension Reform Debate in the United States and International Experience

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  • Peter A. Diamond

Abstract

This article describes the recent debate on Social Security in the United States. To provide some perspectives on the U.S. system, comparisons with public pension systems in other countries are made throughout the article. The article is organized as follows. The first section discusses financing problems in the U.S. Social Security system. Following this, the U.S. Social Security system is described. Options for fixing public pension systems are discussed next. The topic of individual accounts appears in its own section.

Suggested Citation

  • Peter A. Diamond, 2006. "The Public Pension Reform Debate in the United States and International Experience," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 9(1), pages 9-35, March.
    • Handle: RePEc:bla:rmgtin:v:9:y:2006:i:1:p:9-35
    DOI: j.1540-6296.2006.00081.x
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    References listed on IDEAS

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    1. Peter Diamond, 2004. "Social Security," American Economic Review, American Economic Association, vol. 94(1), pages 1-24, March.
    2. Peter A. Diamond & Peter R. Orszag, 2005. "Saving Social Security," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 11-32, Spring.
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