Social Security - The New School SCEPA

Working Paper—Since the early 1990s, disparities in Social Security claim ages has grown, with high earners increasingly likely to delay claiming. A SCEPA working paper explores the returns and effects of claiming Social Security earlier versus delaying claiming these benefits.

Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.

Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.

Last updated July 20, 2020.

A compendium of economic thoughts and policy recommendations in response to the coronavirus. 

Brief— Workers at all earnings levels would benefit from expanding Social Security. SCEPA proposes defaulting workers into “Catch-Up” contributions, where— starting at age 50— they would contribute an additional 3.1% of their salary. 

Brief— Social Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement systemSocial Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement system.

Working paper— This study evaluates a Social Security "Catch-Up" contribution program, a proposal which would help mid-career workers narrow the gap between what they need in retirement and their projected retirement wealth. 

The rates of elder poverty among widows and single women are higher than among couples and men.

Older workers have not been able to save adequately for retirement.

Older workers have not been able to save adequately for retirement.