Social Security Personal-Account Participation With Government Social Security Personal-Account Participation With Government

Social Security Personal-Account Participation With Government Matching

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Source: Boston College

Date: January 2008

Type: White Paper

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Overview: This paper published by Boston College examines the potential impact of government matching contributions on personal-account participation in the President’s Commission on Strengthening Social Security’s Model 3 for Social Security reform. Given the government’s choice of four plan-design parameters, the magnitude of the match is determined solely by the differential return personal-account assets receive above the notional return, referred to as the ""Personal-account premium,"" akin to the equity premium.

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