With this issue, the Social Security Bulletin commences its 45th year of publication. Writing in volume 1, numbers l-3 in the March 1938 issue, Social Security Board Chairman Arthur J. Altmeyer-one of the chief technical architects of the Social Security Act-expressed his hope that the Bulletin would promote general understanding of the contribution of the Social Security programs in the United...

Dynamic Efficiency and Pareto Optimality in a Stochastic OLG Model with Production and Social Security We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We give a complete characterization of interim Pareto optimality. Our characterization also subsumes equilibria with a PAYG social security system. In a competitive equilibrium i...

In recent years, with the implementation of the tax rate increases and ad hoc earnings base increases included in the 1977 amendments to the Social Security Act, many observers have noted that Social Security taxes (for the Old-Age and Survivors Insurance (OASI), Disability Insurance (DI), and Hospital Insurance (HI) programs combined) now exceed Federal income taxes for many families. A compar...

Social insurance reforms that have been instituted in rapid succession in recent years have established a common orientation of reduced benefits instead of rising insurance premiums. For example, in medical system reforms carried out over the past two years, insurance benefit expenses were practically reduced by, for example, an increase in insured copayments and a higher eligibility age for El...

agricultural insurance is the most efficient tool for governmental supports to deal with hazards. also, it has the highest capability to deal with hazards. agricultural insurance can be one of the most appropriate mechanisms for investment security in agricultural sector. the main purpose of this study was analyzing factors affecting development of wheat insurance in hamedan county. this study ...

In 1935, when the Social Security Act was passed, little was known about the economic position of the Nation’s older men and women. Today, through surveys of insurance bene$ciaries conducted by the Bureau of Old-Age and Survivors Insurance, much more is known. The evaluation of the economic situation of aged beneficiaries that is presented in the following pages is based on the national benefic...

As health insurance becomes available outside of the employment relationship as a result of the Affordable Care Act (ACA), the cost of applying for Social Security Disability Insurance (SSDI)—potentially going without health insurance coverage during a waiting period totaling 29 months from disability onset—will decline for many people with employer-sponsored health insurance. At the same time,...