Social Security Reform Options and Their Effects

Policy Options

Social Security Policy Options Adequacy and Solvency Effects

The AARP Public Policy Institute examines the effects of proposed Social Security reforms on various groups. While many reform discussions center on the solvency effects of proposals, the bulk of the AARP Public Policy Institute’s work focuses on the distributional impacts of proposed changes to Social Security. In particular, much of this work centers on the adequacy of benefits—that is, understanding the effects of proposed changes on recipients, especially for those with intermittent or low-wage work histories, who are often women and minorities. By focusing on the adequacy of benefits, in addition to solvency, this work highlights the human impact of these proposals, not just the financial impact on the Social Security program. Come back soon to explore our further analysis of each policy option below and learn how it could impact both solvency of the Social Security trust fund and the adequacy of benefits for various groups of Americans relying on Social Security in the near future and distant future. Getty Images

Low-Earner Tax Credit

Caregiver Credit

Minimum Benefit

Marriage Duration Reduction

Enhance Survivor Benefit

Long-term Beneficiary Boost

Primary Insurance Amount Factors

Older Beneficiary Boost

Caregiver Computation Years

Consumer Price Index for the Elderly

Cost of Living Adjustment

Progressive Price Indexing

Payroll Tax

Computation Years

Retirement Age

Taxable Maximum

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