Jump to ContentJump to Main Navigation
The Predictable SurpriseUnraveling the U.S. Retirement System$
Users without a subscription are not able to see the full content.

Sylvester J. Schieber

Print publication date: 2012

Print ISBN-13: 9780199890958

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199890958.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 10 April 2020

The Fellow behind the Tree

The Fellow behind the Tree

(p.309) 26 The Fellow behind the Tree
The Predictable Surprise

Sylvester J. Schieber

Oxford University Press

This chapter examines three distinct perspectives on the current condition of the retirement system in the United States. Some argue that the system is too hot, costing more of the nation’s public and private resources than is reasonable or that we can bear. Others claim that it is too cold, not providing the level of retirement security that other developed nations manage to provide to their seniors. The third view is that, while the system might not be “just right,” things are not as grim as the news media and surveys on retirement preparedness would have us believe. With regards to the first perspective, the implications of retirement costs for the federal budget are a major concern. Health care costs in particular represent a major threat to future federal budgets. For advocates of the second perspective, Social Security has never been more important to more Americans than it is now. The chapter also considers how lower earners have fared in employer-sponsored pension plans compared to higher earners.

Keywords:   retirement system, United States, retirement security, retirement, retirement costs, federal budget, health care costs, Social Security, employer-sponsored pension plans

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .