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Reforming Social Security: The Case Against Individual Accounts

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  • Munnell, Alicia H.

Abstract

There have been many proposals for restoring financial balance to Social Security; this article presents a strong case for retaining the current defined benefit system and not replacing a portion or all of Social Security with a system of individual accounts.

Suggested Citation

  • Munnell, Alicia H., 1999. "Reforming Social Security: The Case Against Individual Accounts," National Tax Journal, National Tax Association;National Tax Journal, vol. 52(4), pages 803-818, December.
    • Handle: RePEc:ntj:journl:v:52:y:1999:i:4:p:803-18
    DOI: 10.1086/NTJ41789432
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    Cited by:

    1. Carsten Krabbe Nielsen, 2018. "Rational overconfidence and social security: subjective beliefs, objective welfare," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(2), pages 179-229, March.
    2. Carsten Krabbe Nielsen, 2009. "Rational Overconfidence and Social Security," Discussion Paper Series 0916, Institute of Economic Research, Korea University.

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