UC Berkeley News
Web Feature

UC Berkeley Web Feature

Rx for Social Security
UC Berkeley experts diagnose the problem, suggest remedies for ailing retirement savings system

The nation's Social Security program is at the center of a national debate, thrust into the spotlight by President Bush's announcement that reforming the system is a primary goal for his second term. Several UC Berkeley professors are experts on various aspects of this sweeping debate, including the health of the Social Security system, the risks and benefits of privatization and how proposed changes would affect certain segments of our society.

Alan Auerbach
Robert D. Burch Professor of Economics and Law and director of UC Berkeley’s Burch Center on Tax Policy and Public Finance

Q&A: Should we let people fend for themselves?
Professor Auerbach assesses the health of the Social Security system, the risks, benefits and motivations behind privatization, and assesses who would win and who would lose in a privatized system. More >

Ronald Lee
Professor of economics and demography, and director of UC Berkeley's Center for the Demography and Economics of Aging

Q&A: Demography of Social Security's problem 'is not overwhelming'
Professor Lee challenges critics who say the size of the looming Social Security deficit is being exaggerated, and compares the dimensions of the Social Security problem to other challenges facing the country and to similar retirement programs in other industrialized nations. More >

Daniel McFadden
2000 Nobel Laureate in Economics and E. Morris Cox Professor of Economics

Q&A: Some people are going to choose badly; then what?
Professor McFadden looks at the plusses and minuses of private accounts, the likely impact on elderly Americans, and the politics behind the debate. More >