Income Maintenance in Old Age: Current Status and Future Prospects for Rich Countries

Center for Retirement Research at Boston College Working Paper No. 2002-11

40 Pages Posted: 25 May 2008

See all articles by Timothy M. (Tim) Smeeding

Timothy M. (Tim) Smeeding

Robert M. La Follette School of Public Affairs, University of Wisconsin - Madison

Date Written: December 2002

Abstract

The purpose of this paper is to review the recent evidence on the antipoverty effectiveness and other characteristics of income maintenance for the elderly in the rich nations of the world. As they move toward Social Security reform due to worldwide population aging, strategies to reduce the future Social Security deficit in most nations examined here need to take into account the way that impending program changes affect poverty and benefit adequacy, as well as fiscal soundness. Different nations offer various approaches which would help the high elderly poverty nations to achieve lower poverty rates while also providing fiscally responsible solutions to the future public costs of an aging society.

Suggested Citation

Smeeding, Timothy M. (Tim), Income Maintenance in Old Age: Current Status and Future Prospects for Rich Countries (December 2002). Center for Retirement Research at Boston College Working Paper No. 2002-11, Available at SSRN: https://ssrn.com/abstract=1136346 or http://dx.doi.org/10.2139/ssrn.1136346

Timothy M. (Tim) Smeeding (Contact Author)

Robert M. La Follette School of Public Affairs, University of Wisconsin - Madison ( email )

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HOME PAGE: http://www.lafollette.wisc.edu/facultystaff/smeeding-timothy.html

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