TY  - JOUR
AB  - In May 2009 the Office of the Chief Actuary for the U.S. Social Security Administration projected that by 2016 the Social Security Trust Fund would begin to spend more money than it took in through tax revenue. Further, by 2037 the balance in the Trust Fund would be down to zero, necessitating cuts in benefits to retirees. The U.S. Social Security system thus faced a long-term financial problem that needed to be addressed sooner rather than later. The experience of other countries in reforming their own systems of old-age insurance might provide some guidance for U.S. policymakers as they attempt to deal with the long-run fiscal challenges facing the U.S. Social Security system. This case focuses on reforms of old-age insurance systems in three countries: Australia, Mexico, and Sweden.This case gives students the opportunity to debate the variety of approaches that could be used to reform the U.S. Social Security system. It also gives insight into how countries around the world have structured their old-age insurance systems.
VL  - 
IS  - 
SN  - 2474-6568
DO  - 10.1108/case.kellogg.2016.000282
UR  - https://doi.org/10.1108/case.kellogg.2016.000282
AU  - Besanko David
AU  - Malik Saahil
PY  - 2017
Y1  - 2017/01/01
TI  - Reforming Social Security Around the World
T2  - Kellogg School of Management Cases
PB  - Kellogg School of Management
SP  - 1
EP  - 11
Y2  - 2024/04/25
ER  -