[![Ivane Nachkebia Headshot cropped-1](/sites/cato.org/files/styles/bio_picture_mobile/public/2026-06/Ivane%20Nachkebia%20Headshot%20cropped-1.jpg?itok=BN3AtQdZ)](https://www.cato.org/sites/cato.org/files/2026-06/2026-05-07-Ivane%20Nachkebia-8.jpg) 

# Ivane Nachkebia 

Research Consultant, Budget and Entitlement Policy

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Ivane Nachkebia is a research consultant for budget and entitlement policy at the Cato Institute, with a primary focus on Social Security. He writes regularly on the *Debt Dispatch* (Substack), the no.1 fiscal newsletter read by members of Congress. He is the co-author, with Romina Boccia, of *Reimagining Social Security: Global Lessons for Retirement Policy Changes* (Cato Institute, 2025).

Originally from Georgia, Ivane completed his bachelor’s degree in economics at the International School of Economics in Tbilisi. He holds a master’s degree in digital economy from the Vienna University of Economics and Business.

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#### Featured Content 

[![Daughter with mother financial planning at kitchen table](/sites/cato.org/files/styles/content_teaser/public/2025-09/mother-daughter-planning.jpg?itok=m_hjj5Wd)](https://www.cato.org/policy-analysis/rethinking-social-security-global-perspective) 

Study 

### [Rethinking Social Security from a Global Perspective](/policy-analysis/rethinking-social-security-global-perspective) 

By [Romina Boccia](https://www.cato.org/people/romina-boccia) and [Ivane Nachkebia](https://www.cato.org/people/ivane-nachkebia) 

Policymakers should fundamentally restructure Social Security to protect seniors from poverty while enabling younger workers to save more on their own.

[![Social Security Trust Fund Visual Feature - Piggy Bank Hero Still](/sites/cato.org/files/styles/content_teaser/public/2025-04/socialsecurity-trustfundmyth-piggy.jpg?itok=A9JpsWS2)](https://www.cato.org/visual-feature/social-securitys-financial-crisis) 

Study 

### [Social Security’s Financial Crisis: The Trust Fund Myth Uncovered](/visual-feature/social-securitys-financial-crisis) 

By [Romina Boccia](https://www.cato.org/people/romina-boccia) and [Ivane Nachkebia](https://www.cato.org/people/ivane-nachkebia) 

Most people misunderstand the Social Security trust fund, believing it holds real financial assets that ensure future benefits. But there’s a big problem.

[![Woman Struggling Financially with Open Wallet and Calculator](/sites/cato.org/files/styles/content_teaser/public/2025-09/woman-struggling-financially.jpg?itok=cz6BPIRQ)](https://www.cato.org/blog/young-workers-could-lose-110000-lifetime-earnings-keep-social-security-solvent) 

blog 

### [Young Workers Could Lose $110,000 in Lifetime Earnings to Keep Social Security Solvent](/blog/young-workers-could-lose-110000-lifetime-earnings-keep-social-security-solvent) 

By [Romina Boccia](https://www.cato.org/people/romina-boccia) and [Ivane Nachkebia](https://www.cato.org/people/ivane-nachkebia) 

The promises to keep Social Security benefits exactly as currently legislated are immensely expensive for younger workers, whether Congress tries to levy additional taxes on all workers or only on those with earnings above the payroll tax cap.