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Final questions for the Options for Reform Roundtable


Dear Bob Rosenblatt,

The one change in OASDI  that I feel is essential is increasing the scheduled 
increases in the normal retirement age  to take full account of anticipated 
increases in life expectancies. This change is the required and complete 
answer to the demographic problems--the baby boomer problem has already been 
solved by the device of holding the tax rate steady while the baby boo9mers 
are working and thereby building up a reserve fund adequate to pay the extra 
cost of their retirement benefits. Beyond this, additional steps as needed 
should be taken to erase the 2.1% gap between taxes and benefits.

Robert J. Randalll, Retired Actuary


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