America’s largest entitlement program turns 90 today — and it’s on life support.

Cato Institute Director of Budget and Entitlement Policy Romina Boccia and Research Consultant Ivane Nachkebia have a new book out this week titled Reimagining Social Security: Global Lessons for Retirement Policy Changes.

By 2033—just eight years from now—Social Security will go bust. Higher taxes, reduced benefits, and an uncertain economic future loom large if no reforms are made.

Reimagining Social Security explains how major retirement program reforms from Canada, Germany, New Zealand, and Sweden could work in the United States. The authors present bold, evidence-based ideas to protect younger workers from rising tax burdens and mounting debt while supporting the most vulnerable seniors.

If you are interested in a complimentary copy of the book or would like to speak with the authors, please don’t hesitate to contact pr@​cato.​org.