Introduction -- A brief overview of Social Security -- Goals for Social Security reform -- Social Security's long-term deficit -- A balanced three-part plan to shore up Social Security -- Strengthening Social Security's effectiveness as social insurance -- Implications of our reform plan for benefits and revenue -- Individual accounts -- Questions and answers about our balanced reform plan -- Conclusions -- Appendixes: A. Social Security and national saving -- B. Trends in retirement age -- C. How the legacy debt arose: A simplified example -- D. Characteristics of tax-favored defined-contribution plans -- E. Should the trust fund invest in the stock market? -- F. Comparisons with models 2 and 3 of the President's Commission -- G. Estimated financial effects on Social Security for a proposal developed by Peter Diamond and Peter Orszag
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Old age pensions-- United States
Retirement income-- Government policy-- United States