01707cas a2200241 a 4500 AALejournalIMF010134 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451924084 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Social Security, Demographic Trends, and the Federal Budget. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (40 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds should be saved to help insulate living stands against this change. A number of illustrative scenarios are presented in which the impact of pursuing this policy is analyzed within the context of a growth model incorporating the demographic projections of the Social Security Administration. If the current unified budget framework, which includes Social Security trust fund flows, is retained, the suggested policy would require that fiscal surpluses be achieved. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/014 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/014/001.1990.issue-014-en.xml IMF e-Library