Social Security benefits and the baby-boom generation.
研究美国社会保障体系的未来，考虑政治力量的影响，预测婴儿潮一代实际获得的福利将显著低于官方预测。
The future of U.S. Social Security system is examined with consideration given to impact of political forces. The Social Security Administrations projections of future benefit levels are reviewed. The authors then present a theoretical model that postulates first as number of retirees increases relative to number of workers retirees acquire additional political power which can be used to raise individual However at same time cost of increasing individual benefits is greater and this may lead to a lowering of individual benefits. The results suggest that the benefits received by baby-boom generation will be significantly lower than those projected by Social Security Administration. (EXCERPT)