SOCIAL  SECURITY  TO  SOCIAL  INSECURITY 

Enter Your Average Annual Salary (e.g. 40000): $

What Year Were You Born? (Enter 1950 or After):

TODAY'S SOCIAL SECURITY

Your Promised Annual Social Security Benefit Now:

  
$


 

BUSH PRIVATIZATION PLAN

How Much You Will Get From Traditional Social Security:
$

How Much You Will Get From Private Account:

$
Total Annual Benefit Under Bush Privatization:
$

NOW $
Your Promised Annual Social
Security Benefit Now
 – 
Bush Plan $
Total Annual Benefit
Under Bush Privatization
 = 
ANNUAL CUT -$
Your Annual Dollar CUT Under
Bush Privatization

Your Annual Percentage CUT Under Bush Privatization = %

All numbers are annual benefits adjusted for inflation. Calculations are based on Congressional Budget Office (CBO) economic assumptions. President Bush has said that individual accounts would do nothing to restore long-term solvency and that further benefit cuts are necessary. Since he has not made a specific proposal, these estimates assume that benefits are “price indexed,” a proposal made in Plan 2 of Bush’s Social Security Commission. Thanks to Jason Furman of the Center on Budget and Policy Priorities for the underlying calculations.

back to NJCA's Keep the Promise of Social Security Campaign