Andrew Biggs: CPS data on retirement plan availability is unreliable

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CPS retirement plan data questioned

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Ashutosh Sureka

3 hours ago

Andrew Biggs: CPS data on retirement plan availability is unreliable — CPS retirement plan data questioned

Andrew Biggs questions the reliability of the Current Population Survey (CPS) in assessing retirement plan availability.

He points out that the CPS indicates declines in retirement plans that are not supported by other available datasets.

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Biggs recently explained that a $1,300 annual tax increase could address 40% of the U.S. Social Security deficit. He also reported that Social Security’s long-term deficit has risen 16% due to OBBA and changes in fertility assumptions, according to his analysis of official data. His ongoing work often examines the accuracy of key financial measures and projections.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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