Showing posts with label problem solved. Show all posts
Showing posts with label problem solved. Show all posts

Sunday, June 02, 2013

Look Ma: I just fixed Social Security!

It was easy!


Here's what I chose to do:



 YOUR POLICY SELECTIONS                        % OF GAP CLOSED
Raise Age to 69 then index to Longevity                       39%
Index COLAs to "Chained CPI"                                   21%
Reduce Fraud and Overpayments                                   5%
Tighten DI Eligibility Requirements                               4%
Prohibit Applications above the Early Retirement Age   5%
Cover Newly-Hired State and Local Workers                9%
Apply the Payroll Tax to "Cafeteria Plans"                    9%
Diversify the Trust Fund to Increase Returns               20%

                                                                                   TOTAL 112%

Want to do it your way? You can use this cool app.

And, as always, you can tell me why I'm a dope in the comments.

Here's my heroic achievement in graphical form:


Trust Fund Projections 
Percent of Annual Benefits 

20102020203020402050206020702080-1,200-6000600
Baseline
After Policy Changes