Ubiquity Retirement + Savings
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Nexus Administrators, Inc.
Benefit Comply, LLC
West Coast TPA Firm
ftwilliam.com / Wolters Kluwer
The Ryding Company
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|Distributional Effects of Reducing The Social Security Benefit Formula|
U.S. Social Security Administration [SSA]
Nov. 11, 2010
Excerpt: This policy brief analyzes the distributional effects of three options to reduce Social Security benefits as set forth by the Social Security Advisory Board. The first would reduce benefits 3 percent for all newly eligible beneficiaries ... the second would reduce benefits 5 percent for all newly eligible beneficiaries ... and the third would reduce benefits for all but the lowest lifetime earners[.]
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