In Search of Retirement Security The Changing Mix of Social Insurance, Employee Benefits, and Individual Responsibility

Since World War II, Social Security and employer-based pension plans have become the foundations of an economic security that enables older Americans to retire with dignity and financial independence. Social insurance and tax-advantaged retirement benefits currently face a number of challenges, however. The coming retirement of the baby boomers will swell the ranks of the retired, which are estimated to double by 2020, straining the Social Security and Medicare programs. Employers are struggling to keep their pension funds afloat, while fewer and fewer companies are offering traditional pension plans. And Americans are living longer than ever before, which means they draw benefits longer, taxing the system. In Search of Retirement Security considers these challenges and provides fresh perspectives on the changing responsibilities of individuals, employers, and government in ensuring that retirees maintain a reasonable standard of living.Ghilarducci, Teresa is the author of 'In Search of Retirement Security The Changing Mix of Social Insurance, Employee Benefits, and Individual Responsibility', published 2005 under ISBN 9780870784903 and ISBN 0870784900.