In 1974, and then again in 1996, Martin Feldstein published studies of the impact of the Social Security system on private saving in the U.S. economy. He found that Social Security depressed personal saving by a substantial amount--up to 50 percent. The author uses the Feldstein data and empirical models in this article to illustrate the steps in…

The "Annual Disability Statistics Supplement" is a companion report to the "Annual Disability Statistics Compendium" (ED628628). The "Supplement" presents statistics on the same topics as the Compendium with additional categorizations by demographic characteristics including age, gender and race/ethnicity. In addition…

Today, nine out of 10 Americans age 65 and older depend on Social Security benefits to lead a comfortable and secure retirement. Among all Americans over age 65, Social Security makes up more than half of their household income. This brief outlines the history of Social Security benefits in the public sector, describes the safe harbor rule and how…

The Benefit Offset National Demonstration (BOND) tested a $1 reduction in benefits per $2 earnings increase above the level at which Social Security Disability Insurance benefits drop from full to zero under current law. BOND included a rare and large "population-representative" experiment: It applied the rule to a nationwide, random…

In 2019, the National Center for Education Statistics (NCES) began exploratory data collection for the School Pension Survey (SPS). The SPS is a new data collection of elementary/secondary school teacher pension data collected at the school district level. The SPS was developed primarily in response to public demand for data on teacher and other…

The "Annual Disability Statistics Compendium" and its complement, the "Annual Disability Statistics Supplement" (ED628631), are summaries of statistics about people with disabilities and about the government programs which serve them. The Compendium, presents key overall statistics on topics including the prevalence of…

A college education is an investment in the future of every student who pursues one, but it does not come cheap. College expenses include tuition, fees, books, equipment, and room and board, if a student chooses to live on campus. These all add up, and every student must determine where the funding for college will come from. Students with…

The "Annual Disability Statistics Supplement" is a companion report to the "Annual Disability Statistics Compendium" (ED620434). The "Supplement" presents statistics on the same topics as the Compendium with additional categorizations by demographic characteristics including age, gender and race/ethnicity. In addition…

This paper examines people's attitudes toward public spending on education in Japan. It is well known that Japan has the smallest public education expenditure relative to GDP among the OECD countries, and this may yield unequal opportunities in education. The tax burden in Japan is small compared to those in OECD countries, and there may be no…

This appendix describes the data and methodology used to estimate federal program and tax expenditures on children in "Kids' Share 2021: Report on Federal Expenditures on Children through 2020 and Future Projections" (ED616306). The following contents are included in this appendix: (1) Introduction; (2) Summary Table of Multipliers and…

The "Annual Disability Statistics Supplement" is a companion report to the "Annual Disability Statistics Compendium." The "Supplement" presents statistics on the same topics as the "Compendium," with additional categorizations by demographic characteristics including age, gender and race/ethnicity. In…

The "Annual Disability Statistics Compendium" and its complement, the "Annual Disability Statistics Supplement" (ED620436), are summaries of statistics about people with disabilities and about the government programs which serve them. The Compendium, presents key overall statistics on topics including the prevalence of…

Since 1935, Social Security has provided a vital safety net for millions of Americans who cannot work because of age or disability. This safety net has been especially critical for Americans of Latino decent, who number more than 50 million or nearly one out of every six Americans. Social Security is critical to Latinos because it is much more…

Like most other state and local government employees, teachers participate primarily in defined benefit pension plans whose benefits are based on final average salaries and length of service. Such pensions have been replaced in many private sector firms by defined contribution pensions. A number of questions have arisen about the feasibility and…

Policy discussions about teacher quality and teacher "shortages" often focus on recruitment and retention of young teachers. However, attention has begun to focus on the incentive effects of teacher retirement benefit systems, particularly given their rising costs and the large unfunded liabilities. In this paper we analyze accrual of…