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Jan. 12, 2005

 

U-M experts can discuss Social Security reform, retirement saving

ANN ARBOR, Mich.—As Social Security reform moves to the top of the Bush Administration's economic agenda, the debate accelerates about changes to the nation's existing 75-year-old system of providing financial stability to older Americans.  

Available to discuss some of the issues are the following experts from the University of Michigan Institute for Social Research (ISR) and the Department of Economics:

John Laitner, an economist who directs the U-M Retirement Research Center, can discuss the challenges facing the existing system. He has studied the economic implications of various methods of Social Security reform, and possible advantages and disadvantages of moving to personal accounts. He can be reached at (734) 615-0422 or jlaitner@umich.edu. For more information, visit: http://ipumich.temppublish.com/public/experts/ExpDisplay.php?ExpID=978.

Robert Willis, an economist, directs the U-M Health and Retirement Study. Started in 1992, the study surveys more than 22,000 Americans over the age of 50 on topics including their retirement plans. A new analysis shows a significant increase in the proportion planning to work well into their 60s---good news for Social Security solvency. He can be reached at (734) 936-0314 or rjwillis@isr.umich.edu. For more information, visit: http://ipumich.temppublish.com/public/experts/ExpDisplay.php?ExpID=828.

Frank Stafford, an economist who directs the ISR Panel Study of Income Dynamics, has examined how employer matching in 401(k) plans increases employee participation---a relationship that suggests how citizens will behave if a government matching program is implemented for retirement savings. He can be reached at (734) 936-0323 or fstaffor@umich.edu. For more information, visit: http://ipumich.temppublish.com/public/experts/ExpDisplay.php?ExpID=721.

 

Contact: Diane Swanbrow
Phone: (734) 647-9069
E-mail: Swanbrow@umich.edu