In May 2009, the Office of the Chief Actuary of the U.S. Social Security Administration predicts that by 2016 the Social Security Trust Fund will spend more money than it took in from tax revenues. In addition, by 2037 the balance of the Trust Fund will be reduced to zero, which requires the reduction of benefits to retirees. U.S. Social Security system so as to long-term problems that need to be addressed as soon as possible. The experience of other countries in reforming their old-age insurance system can give some advice to U.S. policymakers as they try to cope with the long-term financial problems facing the U.S. Social Security system. This case focuses on the reform of old-age insurance system in the three countries. Australia, Mexico and Sweden "Hide
by David Besanko, Saahil Malik Source: Kellogg School Management 9 pages. Publication Date: March 25, 2010. Prod. #: KEL493-PDF-ENG
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