Report
Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.
Center for Economic and Policy Research
1611 Connecticut Ave. NW
Suite 400
Washington, DC 20009
Tel: 202-293-5380
Fax: 202-588-1356
https://cepr.net
July 2002, Dean Baker and Debayani Kar
The world has promoted the partial or complete replacement of the Social Security system with a system of individual accounts. This paper compares the administrative costs associated with individual accounts, measured as a share of contributions to the system, with the costs of operating an efficient Social Security system.
