Social Security Reform: An Analysis of the Ball/Altman Three-Point Plan

NYU Review of Employee Benefits and Executive Compensation, Alvin D. Lurie, ed., 2007

36 Pages Posted: 12 Feb 2008

See all articles by Kathryn L. Moore

Kathryn L. Moore

University of Kentucky College of Law

Abstract

This article describes and analyzes the costs and benefits of a three-part Social Security reform proposal introduced by Robert Ball and endorsed by Nancy Altman. The Ball/Altman proposal consists of (1) gradually increasing the maximum earnings base until it reaches 90 percent of earnings; (2) dedicating the estate tax to funding Social Security beginning in 2010; and (3) investing a portion of the Social Security trust fund in equities. The article concludes that while the Ball/Altman proposed solution is not costless, it deserves serious consideration.

Keywords: social security, public pensions

JEL Classification: H55

Suggested Citation

Moore, Kathryn L., Social Security Reform: An Analysis of the Ball/Altman Three-Point Plan. NYU Review of Employee Benefits and Executive Compensation, Alvin D. Lurie, ed., 2007, Available at SSRN: https://ssrn.com/abstract=1092147

Kathryn L. Moore (Contact Author)

University of Kentucky College of Law ( email )

620 S. Limestone Street
Lexington, KY 40506-0048
United States
859-257-7637 (Phone)
859-323-1061 (Fax)

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