Social Security Cost Trendsequivalent, from a long-range cost standpoint, you don't care much when people retire. It doesn't affect the ... difficult to predict, as they depend on future health care costs and the way medical and hospital practices ...
Description: Presented at Annual Meeting October 1986. Discusses: Reasonableness of cost projections in the 1986 OASDI Trustees Report, Possible policy alternatives in response to the higher cost projected for years after 2020, How to reduce the variability in cost trends due to economic and demographic changes, Financing implications of differences and similarities in cost trends between Social Security pensions and private pensions, paper, 'Components of Trends in Social Security Costs' by Francisco R. Bayo, Milton P. Glanz and Charles L. Trowbridge.Hide
- Authors: Francisco Bayo, Stephen Goss, Alicia H Munnell, Robert J Myers, A Haeworth Robertson, Howard Young
- Date: Oct 1986
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Modeling & Statistical Methods>Forecasting; Social Insurance>Social Security