TY - JOUR AU - Gustman,Alan L. AU - Steinmeier,Thomas L. TI - Changing the Social Security Rules for Workers over 65: Proposed Policies and Their Effects JF - National Bureau of Economic Research Working Paper Series VL - No. 3087 PY - 1991 Y2 - October 1991 UR - http://www.nber.org/papers/w3087 L1 - http://www.nber.org/papers/w3087.pdf N1 - Author contact info: Alan L. Gustman Department of Economics Dartmouth College Hanover, NH 03755-3514 Tel: 603/646-2641 Fax: 603/646-2122 E-Mail: ALAN.L.GUSTMAN@DARTMOUTH.EDU M2 - featured in NBER digest on 1990-06-01 AB - This paper simulates the effects of proposals to modify procedures for adjusting the Social Security benefits of those who work after normal retirement age. A basic set of policies, currently under consideration, is projected to raise long run costs by $30 billion dollars net of taxes, while inducing an increase of 5 percent in the number of full-time male workers between the ages of 65 and 69. Alternative policies may create very different flows of funds. Outcomes, especially in the short run, will vary widely with the timing of the application decision for benefits. ER -