How Long Does It Take for New Retirees to Recover the Value of Their Social Security Taxes?

Discusses how quickly retirees recover what they paid into the social security system. Provides illustrations showing payback times for representative workers under alternative assumptions regarding inclusion of employer shares of social security tax, and Disability Insurance and Hospital Insurance...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 1990.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Discusses how quickly retirees recover what they paid into the social security system. Provides illustrations showing payback times for representative workers under alternative assumptions regarding inclusion of employer shares of social security tax, and Disability Insurance and Hospital Insurance taxes; and adjustments for interest foregone and cost-of-living increases. Includes tables.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.