"This analysis uses the Urban Institute's DYNASIM3 model to examine the potential distributional impacts of Model 2 of the President's Commission to Strengthen Social Security. Model 2 would establish a new minimum benefit, provide enhanced widow(er) benefits, and phase out the wage-indexed benefit formula to help restore solvency to the system. Model 2 would also allow workers to divert four percentage points of their payroll taxes (up to $1,000 annually, indexed to wages)[.]"  MORE >>