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Retirement Security Law Commons

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Full-Text Articles in Retirement Security Law

Social Security And The Stock Market: How The Pursuit Of Market Magic Shapes The System, Alicia Haydock Munnell, Steven A. Sass Oct 2006

Social Security And The Stock Market: How The Pursuit Of Market Magic Shapes The System, Alicia Haydock Munnell, Steven A. Sass

Upjohn Press

Munnell and Sass explore whether equities could help solve the woes facing the U.S. retirement income system in general, and the Social Security shortfall in particular. They examine the experiences of three nations that added equities to the investment mix of their retirement systems—the U.K., Australia, and Canada. As these experiences show, while equities promise higher returns than government bonds, how they are implemented—as add-ons, carve-outs, or as trust fund supplements—matters greatly.


The Four Pillars Of Work Law, Orly Lobel May 2006

The Four Pillars Of Work Law, Orly Lobel

Michigan Law Review

In our contemporary legal landscape, a student wishing to study the law of the workplace has scarce opportunity to encounter an integrated body of scholarship that analyzes the labor market as the subject of government regulation, contractual duties, collective action, and individual rights. Work law developed in the American legal system as a patchwork of common law doctrine, federal and state statutes, and evolving social norms. Typical law school curricula often include courses relating to the four pillars of work law: "employment law," "labor law," "employment discrimination," and some variation of a tax-oriented "employee-benefits law." Employment law, in most categorizations, …


Full Funding: The Future Of Social Security, Benjamin A. Templin Jan 2006

Full Funding: The Future Of Social Security, Benjamin A. Templin

Benjamin A. Templin

Investing the Social Security Trust Fund in a well diversified portfolio of stocks, bonds, and other investments remains the best hope of continuing to fund social insurance without substantially raising taxes or reducing benefits. The problem with investing the Trust Fund in the market is the politically charged issue of government interference in the investment decision and corporate governance. Three primary solutions have emerged to the problems posed by government investment: (1) personal accounts, (2) index investing, and (3) the incorporation of the Trust Fund into a government-owned private corporation as an investment vehicle for the trust fund. This article …