Entitlements

California Gov. Arnold Schwarzenegger (R) continues to promise public employee pension reform but has backed away from a proposal to move public employees out of traditional pensions and into a “defined contribution” plan.

In 2011, the first group of baby boomers in the United States will reach the age of 65.

A majority of Americans believe younger workers should be allowed to invest a portion of their Social Security taxes in individual accounts, according to a new poll conducted by Zogby International for the Cato Institute.

President George W. Bush used his annual State of the Union speech on February 2 to call for sweeping changes to the nation's Social Security system, a call that has been met with approval, doubt, and opposition from lawmakers and interest groups.

Sometimes an academic study offers much less information than it claims. And sometimes what appears to be an academic study is not a study at all.

President George W. Bush is expected to push for new tax-free savings accounts during the upcoming presidential race by promoting a bill by a fellow Texas Republican, Representative Sam Johnson. Under the Lifetime Savings Accounts Act of 2004, H.R.

The U.S. Department of Agriculture (USDA) has denied a March 2004 petition by the state of Minnesota for permission to prevent Food Stamp users from purchasing candy and soft drinks with the stamps.

Since its passage in 1935, the Social Security Act has helped provide economic security to millions of Americans. Over the years, Social Security programs have been broadened to provide more assistance to a greater number of Americans.

In his January 2004 State of the Union address, President George W.

Dear Mr. Piñera, Please allow me to convey to you my warmest greetings and thanks for your precious time during our visit to Chile. At the same time I would like to share some good news with you.

Cato Institute Distinguished Senior Fellow Jose Piñera is co-chairman of Cato’s Project on Social Security Choice. As Chile’s secretary of labor and social security, he was the architect of that country’s successful privatization of its pension system.

A former Soviet republic is moving to privatize its national pension system, adopting a system of personal retirement accounts similar to what the Bush administration has proposed for the United States.

A December 1 memorandum from the Social Security Administration (SSA) to a renowned policy analyst marked the first time SSA has officially admitted private retirement plans will work.