with respect to the proportion of oldage assistance recipients receiving old-age and survivors insurance. As the coverage of the insurance Program becomes virtually universal, this proportion will no doubt aPpreach loo percent. It will never reach it, however, because many individuals at the lowest economic levels (low-income farmers and migratory and occasional farm and domestic workers) will ...

This article highlights some of the causes underlying differences in disability allowances by sex and race. Among the causes are differences in labor-force patterns, the educational background, and the age distributions of the insured and applicant populations. More than half of the differences between the black and white applicants in the proportion of claims allowed is explained by difference...

Should Old-Age Benefits Be Earnings-Tested? We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals’ expected lifetime utility, whenever other taxes are taken into account. Moreover, it also lowers the realized lifet...

higher. It will be several years before a retirement annuity as high as $250 can be achieved, and 9 years before as much as $300 will be payable. By 1977, 30 years of service could result in an annuity as high as $263.40, compared with the potential maximum of $326.00 shown in table 4 but not payable before 1996. Similarly, the highest amount available at, the beginning of 1977 for 40 years of ...

Active surveillance and watchful waiting are potential alternatives to delay or avoid the need for treatment in carefully selected patients. The key issue is determining which patients are appropriate for conservative management. Although these approaches are often targeted toward elderly men, such men are more likely to be diagnosed with high-risk disease. A recent study by Scosyrev et al. [2]...