G1(Suggested Reseach Questions

1) How raising the retirement age will solve the deficit problem?

2) What is the social impact of raising the retirement age on a certain demographic group (the demographic group is to be determined later)?

3) Would raising the early retirement age solve the deficit problem? If yes, how much it should be raised to solve the problem? And, what is the social impact of this raise on a specific demographic group?

Demographic Information- Baby Boomers

US profile by Age/Population: http://www2.census.gov/geo/maps/dc10_thematic/2010_Profile/2010_Profile_Map_United_States.pdf

DOL Employment Status by Age, Sex, and Race: http://www.bls.gov/cps/cpsaat3.pdf

Dohm: Gauging the Labor Force effects of retiring baby-boomers (2000): http://0-content.ebscohost.com.library.unl.edu/pdf14_16/pdf/2000/MLR/01Jul00/3582732.pdf?T=P&P=AN&K=3582732&S=R&D=bah&EbscoContent=dGJyMNXb4kSeqK840dvuOLCmr0mep7FSsKe4S7WWxWXS&ContentCustomer=dGJyMPGrsEmvrbVQuePfgeyx44Dt6fIA

Gustman et al.: Defined Contribution Plans and Vulnerability of Retirement Age http://www.nber.org/2009rrc/1.2%20Gustman,%20Steinmeier,%20Tabatabai-revised.pdf

McKinsey Quarterly: Why boomers will have to work longer. http://moodyinvestmentadvisors.com/McKinsey%20Baby%20Boomers.pdf

Some SS Retirement Age links

http://www.ssa.gov/history/reports/gspan5.html

http://www.ssa.gov/history/1983amend.html

http://www.ssa.gov/OP_Home/comp2/F098-021.html

http://www.policyalmanac.org/social_welfare/archive/crs_social_security_reform.shtml

http://www.watsonwyatt.com/us/pubs/insider/showarticle.asp?ArticleID=17217

http://books.google.com/books?id=3NbWOww4N-MC&lpg=PA475&ots=AemuEV1LxN&dq=studies%20done%20on%20increasing%20the%20retirement%20age%20in%201983&pg=PA475#v=onepage&q&f=false

Meeting Today 4:30

We have a meeting today at 4:30 2nd floor CBA at the tables. Make sure you bring your question you have been researching and the research you found. see you then!

http://www.actuary.org/socsec.asp

This is the website for the National Academy of Actuary and get some latest info on Social Security

1st Group meeting Wed 14 @ 4:30PM