Policy Forum 

# Progressive Price Indexing for Social Security: What It Is, What It Isn’t 

Date and Time 

May 23, 2005 4 - 5:30 PM EDT 

Location 

1st floor/Wintergarden 

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##### Featuring 

Featuring **Robert Pozen,** Chairman, MFS Investment Management, Member, President’s Commission to Strengthen Social Security; **Jason Furman,** Adjunct Professor, New York University; **David John,** Research Fellow, Thomas A. Roe Institute for Economic Policy Studies, The Heritage Foundation, and moderated by **Michael D. Tanner,** Director of Health and Welfare Studies, Cato Institute 

President Bush has endorsed a proposal to slow the growth in future Social Security benefits for middle- and upper-income retirees by changing the benefit formula from wage indexing to price indexing. Critics charge that such a change will weaken Social Security’s foundations while hitting the middle class hardest. Supporters claim it is a fair way to bring Social Security’s promised benefits in line with what can actually be paid. Join us as Robert Pozen, author of the progressive price-indexing concept, and two other experts discuss the impact of this proposal.

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