Is It Really a Pension? It’s a Problem
November 5, 2010
By: CNBC
CNBC - The new paper, by Alan L. Gustman, an economics professor at Dartmouth; Thomas
Steinmeier, an economics professor at Texas Tech; and Nahid Tabatabai, a researcher
at Dartmouth, set out to estimate just how much those added benefits cost. That is
harder than it seems, given the complexity of changes in Social Security law over
the decades. But the authors had access to a lot of data from the Social Security
Administration, which financed the study through the Michigan Retirement Research
Center, and their estimates seem reasonable.
Is Social Security a pension plan?
...
The new paper, by Alan L. Gustman, an economics professor at Dartmouth; Thomas Steinmeier,
an economics professor at Texas Tech; and Nahid Tabatabai, a researcher at Dartmouth,
set out to estimate just how much those added benefits cost. That is harder than
it seems, given the complexity of changes in Social Security law over the decades.
But the authors had access to a lot of data from the Social Security Administration,
which financed the study through the Michigan Retirement Research Center, and their
estimates seem reasonable.
Read the rest of the story at CNBC