Liberalizing the social security retirement test; who would receive the increased pension benefits?
The article examines the distributional impact of liberalizing the social security retirement test. The results of simulations that explore ten liberalization alternatives are presented. The distribution of pension benefit gains from liberalization of the test are determined for the aged who were affected by the test in 1972. The relative costs of various liberalization alternatives are compared with complete abolition of the test.
D000367:Age Factors; D000368:Aged; D006801:Humans; D008875:Middle Aged; D009042:Motivation; D010415:Pensions; D012179:Retirement; D012943:Social Security; D014481:United States