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Executive Summary: An Actuarial Perspective On the Social Security Trustees Report (PDF)
American Academy of Actuaries
May 11, 2001 Excerpt: The Trustees Report relies on demographic and economic assumptions to present intermediate, lowcost, and high-cost projections. A 1999 technical panel to review the trustees' actuarial assumptions concluded that the trustees' projection methodology is 'reasonable as a whole.' ... Other entities have used [different] assumptions ... For example, for its ten-year budget estimates, the Congressional Budget Office (CBO) uses more optimistic assumptions ... MORE >> |
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