TIMELINE

2/17/99

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Table of Contents

#1- Projections and the Status Quo

#2 - Earnings Test and LFP

Labor Force Participation

Labor Force Participation

#3-Eliminate the Maximum Taxable Limit

Growth of the Trust Fund

#4-Raise the Retirement Age

Raising the Retirement Age

Raising the Retirement Age

# 5 - Investing the Trust Fund in the Market

Administrative Costs

Effect on the Economy

Govt. “Control” of Private Sector through Market Investment

#6- Pensions and Individual Savings Accounts

Individual Accounts- Pros

Individual Accounts - Cons

Author: Matthew M. Maletestinic

Email: ygao@andrew.cmu.edu