What Contribution Rate for Old-Age and Survivors Insurance?
نویسنده
چکیده
There is general agreement in this country on the principle of contributory old-age and survivors insurance. There has been less general agreement on questions relating to the level of contributions and the timing of any changes in present contribution rates. The following article by the former Staff Director of the Advisory Council on Social Security to the Senate Finance Committee presents one approach to these questions. As in all Bulletin articles, the views expressed are those of the author and do not necessarily reflect the official position of the Social Security Administration. They are presented here because of their interest to administrators and others concerned with the social security program.
منابع مشابه
Old-Age, Survivors, and Disability Insurance: Administrative Expenses
THE ADMINISTRATION of the old-age, survivors, and disability insurance program has never cost more than a small proportion of contribution income-2-3 percent in most years. Administrative costs are also small by another measure; as a proportion of the total taxable payroll on which contributions are based, they are less than ‘/ of 1 percent. The costs are met from two funds-the old-age and surv...
متن کاملChanges in the Resources of Beneficiary Groups in St. Louis
*Bureau of Old-Age and Survivors I n surance, Analysis Div is ion . I N THE LATE SPRING OF 1944 , representatives of the Bureau of Old-Age and Survivors Insurance called for a second time at the homes of a group of old-age and survivors insurance beneficiaries i n St. Louis. This resurvey came 21⁄2 years after the first su rvey 1 and approximately 4 years after the persons visited had become en...
متن کاملAdministrative expenses under OASDI.
Costs of administering old-age, survivors, and disability insurance (OASDI) are of interest both to specialists in income maintenance and to the general public. This article presents a summary of these expenses compared with several important bases: Contribution income, benefit payments, and taxable payroll. An index is developed and used to analyze changes in administrative expense levels from...
متن کاملFinancial Policy in Old-Age and Survivors Insurance, 1935–50
S IGNIFICANT debates on the financing of old-age and survivors insurance preceded and accompanied the enactment of the original Social Security Act of 1935 and its revisions in 1939 and in 1950. Contribution rates, reserve fund accumulation, and current-cost versus levelpremiilm financing were the topics most widely debated. The same issues were involved in the discussions that led Congress to ...
متن کاملHfortah-y after Retirement Probable Experience under Four Types of Plans
Proposals to amend the old-age and survivors insurance program and the widespread adoption of industrial pension plans have renewed interest in the eflect of retirement on the individual worker. In the following pages, data from three Government programs, including old-age and survivors insurance, and from several private pension plans are examined to determine what retirement means in terms of...
متن کامل