Research paper on baby boomers

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This article uses a microsimulation model to estimate how freezing all remaining private-sector and one-third of all public-sector defined benefit DB pension plans over the next 5 years would affect retirement incomes of baby boomers. If frozen plans were supplemented with new or enhanced defined contribution DC retirement plans, there would be more losers than winners, and average family incomes would decline. The decline in family income would be much larger for last-wave boomers born from through than for those born from through , because younger boomers are more likely to have their DB pensions frozen with relatively little job tenure. Higher DC accruals would raise retirement incomes for some families by more than their lost DB benefits.
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The Effects of Baby Boomers Retiring Will Have on the Economy - Research Paper Example

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Public opinion about legalizing marijuana, while little changed in the past few years, has undergone a dramatic long-term shift. But across all generations —except for the Silent Generation ages — support for legalization has risen sharply over the past decade. The latest national survey by the Pew Research Center, conducted March among 1, adults, finds that supporters of legalizing the use of marijuana are far more likely than opponents to say they have changed their mind on this issue. When asked, in their own words, why they favor or oppose legalizing marijuana, people on opposite sides of the issue offer very different perspectives. But a common theme is the danger posed by marijuana: Supporters of legalization mention its perceived health benefits, or see it as no more dangerous than other drugs. To opponents, it is a dangerous drug, one that inflicts damage on people and society more generally. With four states and Washington, D.
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Baby Boomers Essay

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This article examines the demographic challenge of an aging population on the U. Social Security system and the well-being of the elderly. It describes policy implications and some potential policy solutions to this challenge. The findings and conclusions presented in the Bulletin are those of the authors and do not necessarily represent the views of the Social Security Administration. Due to demographic changes, the U.
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