Online Content

1. Forrester, Nathan B., "A Hard Look at Social Security"

Type:
Document
Date Created:
1996
Collection:
System Dynamic Society Records
Collecting Area:
University Archives
Collection ID:
ua435
Parent Record(s):
23d738ba88f8333bc39725f9cb5bd0b8, ca4810593b2703dcaa087957ab13af91, and 227da936724c4223c5a64764d3922694
Thumbnail Path Ss:
/downloads/rj430p37g?file=thumbnail
System Modified Dtsi:
2020-01-02T18:55:53Z
Description:
Past payment of social security taxes entitles no one to future retirement benefits, either legally or financially. In 1960 the US Supreme Court ruled in Fleming v. Nestor that workers have no property rights to past contributions or anticipated benefits. Furthermore, the Trustees and Actuaries of the Social transfer system, not a fully-funded retirement system. Current benefits are funded from current social security contributions. All future benefits will be funded by future taxes or future borrowing.