WORKERS' EXPECTATIONS ABOUT THEIR FUTURE SOCIAL SECURITY BENEFITS: HOW REALISTIC ARE THEY?
This study examines workers' expectations about their future Social Security benefits. We analyze data from 18 different one-time and recurring surveys, totaling more than 60 individual survey iterations conducted during 1971--2020 with a total sample size of more than 130,000. We examine how Social...
| Publicado en: | Social Security Bulletin Vol. 81; no. 4; pp. 1 - 18 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Social Security Administration
Nov2021
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | This study examines workers' expectations about their future Social Security benefits. We analyze data from 18 different one-time and recurring surveys, totaling more than 60 individual survey iterations conducted during 1971--2020 with a total sample size of more than 130,000. We examine how Social Security expectations vary over time and by demographic group. Although we find differences in workers' expectations over time and among subgroups, surprisingly high percentages of young workers consistently expect that they will not receive future Social Security benefits. Many other workers expect to receive benefits but their expectations about benefit amounts are more pessimistic than actuarial projections. We investigate possible explanations for these findings. |
|---|