Growing the Social Security Crisis: The Social Security Administration's Poverty Rate Projections
Publication Date: January 2005
Publisher(s): Center for Economic and Policy Research
Keywords: Elderly; Retirement benefits; Wage inequality
Coverage: United States
This paper enumerates the flaws in a recent study by the Social Security Administration that relied on questionable assumptions to conclude that a projected shortfall in Social Security in 2042 would double the senior poverty rate from 2 to 4 percent.