terça-feira, fevereiro 17, 2004
Por Uma Segurança Social Privada
O Cato Institute acaba de lançar umprograma de reforma da Segurança Social baseado em contas individuais geridas por entidades privadas.
Pelo que já li, este, assemelha-se ao que foi utilizado no Chile.
Individuals would be able to privately invest their half (6.2 percentage points) of their payroll tax through individual accounts.
Individuals who choose individual accounts will receive a recognition bond based on past contributions to Social Security. Workers choosing individual accounts will forgo accrual of future benefits from traditional Social Security.
Allowable investment options for the individual accounts will be based on a 3-tier system: a centralized, pooled collection and holding point; a limited series of investment options, with a lifecycle fund as a default mechanism; and a wider range of investment options for individuals who accumulate a minimum level in their accounts.
At retirement, individuals will be given an option of purchasing a family annuity or taking a programmed withdrawal. These two options will be mandated only to a level required to provide an income above a minimum level. Funds in excess of that required to achieve this level of retirement income can be withdrawn in a lump sum.
If an individual accumulates sufficient funds within their account to allow them to purchase an annuity that will keep them above a minimum income level in retirement they will be able to opt out of the Social Security system in its entirety.
The remaining 6.2 percentage points of payroll taxes will be used to pay transition costs and to fund disability and survivors benefits. Once, far in the future, transition costs are fully paid for, this portion of the payroll tax will be reduced to the level necessary to pay survivors and disability benefits.
This discussion will be offered in the context of payable Social Security benefits. That is, the Social Security system will be restored to a solvent pay-as-you-go basis prior to the development of individual accounts. Workers who choose to remain in the traditional Social Security system will receive whatever level of benefits Social Security can pay with existing levels of taxation
posted by Miguel Noronha 4:17 da tarde
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