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Progressive indexing would keep that rule for low-income workers.
Some form of "progressive indexing", where initial benefits are indexed to a mixture of prices and wages, varying according to income, is more equitable and politically more sustainable.
Because it would have a devastating impact on low-wage earners who depend almost entirely on Social Security for retirement income.The third and best answer is progressive indexing.
Mr. Okrent challenged my assertion (5/9/05) that the Bush Social Security "progressive indexing" plan would impose its largest percentage reductions in retirement income on middle-income workers.
In short, progressive indexing would preserve Social Security benefits for the neediest workers while allowing the benefits of other future retirees to grow at the rate of consumer prices or higher.
Thus, to fix the long-term finances of Social Security, Congress has a one-time opportunity to link personal retirement accounts with benefit reform through the introduction of progressive indexing.
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These five factors are used to design a model to predict an individual patient's risk of death: the international progressive index[ 2].
Try progressive price indexing.
Progressive price indexing is a good option.
Mr. Bush has embraced "progressive price indexing" -- a concept that would slow the growth of benefits for middle- and upper-income people.
Kent Smetters, a former Treasury official under President Bush and now an associate professor at the Wharton School of Business, came up with similar estimates about the impact of progressive price indexing.
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