"Will Social Security Be There for You?": How Americans Perceive Their Benefits

48 Pages Posted: 23 Jun 2003 Last revised: 6 Aug 2014

See all articles by Jeff Dominitz

Jeff Dominitz

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management; RAND Corporation

Jordan Heinz

Independent

Charles F. Manski

Northwestern University - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: June 2003

Abstract

Americans may be uncertain of their future Social Security benefits for several reasons, including uncertainty about their future labor earnings, the formula now determining Social Security benefits, and the future structure of the Social Security system. To learn how Americans perceive their benefits, we have elicited Social Security expectations from respondents to the Survey of Economic Expectations. We have also performed a more intensive face-to-face survey on a small sample of respondents. We find clear and striking evidence of substantial uncertainty and heterogeneity of beliefs about the long-term existence of the Social Security system and about the level of benefits provided should the system survive.

Suggested Citation

Dominitz, Jeff and Heinz, Jordan Mitchell and Manski, Charles F., "Will Social Security Be There for You?": How Americans Perceive Their Benefits (June 2003). NBER Working Paper No. w9798, Available at SSRN: https://ssrn.com/abstract=418300

Jeff Dominitz

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management ( email )

Pittsburgh, PA 15213-3890
United States

RAND Corporation ( email )

1776 Main Street
P.O. Box 2138
Santa Monica, CA 90407-2138
United States

Jordan Mitchell Heinz

Independent

Charles F. Manski (Contact Author)

Northwestern University - Department of Economics ( email )

2003 Sheridan Road
Evanston, IL 60208
United States
847-491-8223 (Phone)
847-491-7001 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
42
Abstract Views
2,771
PlumX Metrics