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A New Deal for Old Age: Toward a Progressive Retirement
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Bibliographic Detail
Publisher Harvard Univ Pr
Publication date March 8, 2016
Pages 195
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9780674088757
ISBN-10 0674088751
Dimensions 0.75 by 6.25 by 9.25 in.
Original list price $29.95
Other format details university press
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Summaries and Reviews
Amazon.com description: Product Description:

As America’s haves and have-nots drift further apart, rising inequality has undermined one of the nation’s proudest social achievements: the Social Security retirement system. Unprecedented changes in longevity, marriage, and the workplace have made the experience of old age increasingly unequal. For educated Americans, the traditional retirement age of 65 now represents late middle age. These lucky ones typically do not face serious impediments to employment or health until their mid-70s or even later. By contrast, many poorly educated earners confront obstacles of early disability, limited job opportunities, and unemployment before they reach age 65.

America’s system for managing retirement is badly out of step with these realities. Enacted in the 1930s, Social Security reflects a time when most workers were men who held steady jobs until retirement at 65 and remained married for life. The program promised a dignified old age for rich and poor alike, but today that egalitarian promise is failing. Anne L. Alstott makes the case for a progressive program that would permit all Americans to retire between 62 and 76 but would provide more generous early retirement benefits for workers with low wages or physically demanding jobs. She also proposes a more equitable version of the outdated spousal benefit and a new phased retirement option to permit workers to transition out of the workforce gradually.

A New Deal for Old Age offers a pragmatic and principled agenda for renewing America’s most successful and popular social welfare program.



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Hardcover
Book cover for 9780674088757
 
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from Harvard Univ Pr (March 8, 2016)
9780674088757 | details & prices | 195 pages | 6.25 × 9.25 × 0.75 in. | 0.95 lbs | List price $29.95
About: As America’s haves and have-nots drift further apart, rising inequality has undermined one of the nation’s proudest social achievements: the Social Security retirement system.

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