Evaluation of the Commission on Social Security's Plan : Cost, Funding, and Wider Impact

Randolph, Hannah L. and Congreve, Emma and Connolly, Kevin and Crummey, Ciara (2023) Evaluation of the Commission on Social Security's Plan : Cost, Funding, and Wider Impact. University of Strathclyde, Glasgow.

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Abstract

This report presents an estimate of the effects of proposals for a Guaranteed Decent Income and increased Child Benefit made by the Commission on Social Security in The Plan for a Decent Social Security System. Throughout the report, a base scenario representing the current social security system is compared to a reform scenario representing the proposal set out in The Plan. The discussion also includes the results of computable general equilibrium (CGE) modelling of the effects of The Plan under scenarios where the programme is unfunded, funded by an income tax, and funded by two alternative wealth taxes.

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