OASDI trust funds

Underfunded Public Sector Pension Plans, Social Security Participation, and the Retirement Decisions of Public Employees

August 12, 2021
Susan Barnes
benefit claiming, OASDI trust funds, pensions, Retirement

I analyze the effects of public pension parameters, Social Security coverage, and state pension fund sustainability on the retirement of public employees. I use data from the Health and Retirement Study, including personal early and normal retirement eligibility and state…

The Impact of Growing Health and Mortality Inequalities on Lifetime Social Security Payouts

June 1, 2021
Susan Barnes
Demographic trends, Disparities, Health and Retirement Study, Mortality trends, OASDI trust funds, Social Security

Public Pension Design and Household Retirement Decisions: A Comparison of the United States and Germany

May 28, 2021
Susan Barnes
benefit claiming, International, Labor Supply, OASDI trust funds, Older workers, pensions, Retirement

Social Security provides retirement benefits to age-eligible workers and their spouses. Benefits are permanently increased if initial receipt is delayed. For benefits paid to spouses, these incentives reflect a complex interaction of the worker’s and spouse’s earnings histories, benefit claiming…

2019 Key Findings

May 26, 2021
Susan Barnes
Administrative data link, Disparities, Financial well-being, Interest Rates, International, Labor Supply, Long-term care, Medicaid, Medicare, Mortality trends, OASDI trust funds, Occupational Requirements Survey, pensions, Totalization

The Impact of Growing Health and Mortality Inequalities on Lifetime Social Security Payouts

January 11, 2021
Susan Barnes
benefit claiming, Demographic trends, Health and Retirement Study, Mortality trends, OASDI trust funds

The prevalence of obesity, diabetes, and other health problems has increased in recent decades in the United States, and there is a growing gap between the health and longevity of individuals with high socioeconomic status (SES) and low SES. These…

Which Households Benefit from Delayed Claiming?

December 16, 2020
Susan Barnes
Administrative data link, benefit claiming, OASDI trust funds

Using administrative data, this project will quantify the incentive effects and equity of the Social Security survivor benefit. The project will first analyze incentive effects on the timing of initial claiming of retired-worker benefits by both spouses. The survivor benefit…

Winter 2020 Newsletter: Panel offers a tune up for SSA trustees’ report

March 9, 2020
Susan Barnes
News, OASDI trust funds, Social Security, Uncategorized

Every year the Social Security Administration’s Board of Trustees and the Office of the Chief Actuary (OCACT) produce a report on the health of the Old Age and Survivors Insurance and Disability Insurance (OASDI) trust funds. OCACT’s projections rest on…

Interest Rate Trends in a Global Context

December 11, 2019
CMT_Admin
Interest Rates, International, OASDI trust funds

Trends in Health and Mortality Inequalities in the United States

Interest Rate Trends in a Global Context

December 4, 2019
CMT_Admin
Interest Rates, International, OASDI trust funds

Long-term interest rates have been falling globally since the early 1980s and have reached historically low levels. Past forecasts largely missed this secular decline. This paper reviews methodologies for making long-term interest rate projections. We synthesize results from studies that…