Friday, September 21, 2007

 

Actuaries: Individuals Social Security Accounts Should Only be Considered as a Supplement

A new issue brief of the American Academy of Actuaries Social Insurance Committee finds that a defined benefit structure is preferable to a defined contribution structure for providing basic benefits under Social Security. However, the committee added that a defined contribution approach, such as individual accounts, could be part of Social Security reform as a supplement to benefits provided under the current defined benefit structure.

Actuaries: Individuals Social Security Accounts Should Only be Considered as a Supplement
Source: PR Newswire

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