Social security and equities

Sass, Steven A. “Social security and equities”. Issue in Brief 13-16, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, November 2013. http://hdl.handle.net/2345/bc-ir:103840.
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Abstract

The brief's key findings are: (1) Some have advocated investing Social Security trust fund assets in equities. (2) A similar proposal adopted by the railroads in 2001 suggests two key hurdles: political risk and financial risk. (3) For political risk, the railroads created an independent trust; a better fit for Social Security might be to limit investments to index funds. (4) For financial risk, the railroads set up an automatic mechanism to respond to shocks; Social Security would need a similar mechanism.

Title
Social security and equities: Lessons from railroad retirement
Author
Sass, Steven A.
Center
Center for Retirement Research
Genre
report
Date Issued
November 2013
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
13-16
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:103840
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Social Security

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