Social Security: A Program and Policy History

Social Security Bulletin, Vol. 66, No. 1, 2005

15 Pages Posted: 2 Aug 2012

See all articles by Patricia P. Martin

Patricia P. Martin

Government of the United States of America - Social Security Administration

David A. Weaver

Social Security Administration

Date Written: 2005

Abstract

The publication of this article coincides with the celebration of the 70th anniversary of the Social Security Act. The history and development of the Social Security program from its inception to the present is discussed. Special attention is given to historical debates that have relevance to today's policy discussions. In particular, the article discusses themes regarding program growth, pay-as-you-go financing, reserve funding, rates of return on payroll contributions, and the adequacy of benefits.

Keywords: Social Security, pay-as-you-go financing, Social Security benefits

JEL Classification: H5, H55

Suggested Citation

Martin, Patricia P. and Weaver, David A., Social Security: A Program and Policy History (2005). Social Security Bulletin, Vol. 66, No. 1, 2005. Available at SSRN: https://ssrn.com/abstract=2121776

Patricia P. Martin

Government of the United States of America - Social Security Administration ( email )

Washington, DC 20254
United States

David A. Weaver (Contact Author)

Social Security Administration ( email )

Washington, DC 20254
United States
202 358 6252 (Phone)

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