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Wiley InterScience | ||||||||
![]() Risk Management and Insurance ReviewVolume 9 Issue 1, Pages 9 - 35 Published Online: 8 Mar 2006 © 2009 The American Risk and Insurance Association Published on behalf of the American Risk and Insurance Association
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Invited Article
The Public Pension Reform Debate in the United States and International Experience
This article is a modified version of the presentation made to the World Risk and Insurance Economics Congress (WRIEC) in Salt Lake City, UT on August 10, 2005. Copyright 2006 The American Risk and Insurance Association ABSTRACTThis article describes the recent debate on Social Security in the United States. To provide some perspectives on the U.S. system, comparisons with public pension systems in other countries are made throughout the article. The article is organized as follows. The first section discusses financing problems in the U.S. Social Security system. Following this, the U.S. Social Security system is described. Options for fixing public pension systems are discussed next. The topic of individual accounts appears in its own section. |
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