7. Ag 4: Ec 7. ECONOMICS OF AGING: TOWARD A FULL 91-1 HEARINGS BEFORE THE SPECIAL COMMITTEE ON AGING /// NINETY-FIRST CONGRESS 32-346 Printed for the use of the Special Committee on Aging U.S. GOVERNMENT PRINTING OFFICE For sale by the Superintendent of Documents, U.S. Government Printing Office WILLIAM E. ORIOL, Staff Director JOHN GUY MILLER, Minority Staff Director DOROTHY MCCAMMAN, Consultant, "Economics of Aging: Toward a Full Share in Part 1. Survey Hearing. Washington, D.C.. April 29-30, 1969 Part 2. Consumer Aspects, Ann Arbor, Mich., June 8, 1969 Part 3. Health Aspects, Washington, D.C., July 17-18, 1969 Part 4. Homeownership Aspects, Washington, D.C., July 31-Aug. 1, 1969 Part 6. Retirement Community, Cape May, N.J., July 15, 1969 Part 7. International Perspectives, Washington, D.Č., July 25, 1969 Part 8. Health Aspects, New York City, October 15, 1969 (Additional hearings anticipated but not scheduled at time of this printing) (II) CONTENTS Page 1 Kreps, Juanita M., professor of economics, Duke University. Sheppard, Harold L., staff social scientist, W. E. Upjohn Institute Schulz, James H., associate professor of economics, University of New Brewster, Agnes W., consultant on medical economics.. Ball, Robert M., Commissioner of Social Security; accompanied by Mrs. Lenore E. Bixby, director, division of retirement and survivor studies; and Mrs. Dorothy P. Rice, chief, health research branch... Hutton, William R., executive director, National Council of Senior Citi- zens; Theodor Schuchat, retirement editor, North American Newspaper Alliance; Charles C. Fichtner, member of legislative council, American Association of Retired Persons and National Retired Teachers Associa- tion; Edwin S. Shelley, president, National Council on the Aging; William Greenough, chairman, Teachers Insurance and Annuity Association of America, College Retirement Equities Fund; and Othie G. Burk, vice president, National Association of Retired Civil Employees_. Schottland, Charles I., dean, Florence Heller Graduate School for Ad- vanced Studies in Social Welfare, Brandeis University- Pechman, Joseph A., director of economic studies, Brookings Institution; accompanied by Henry Aaron, senior fellow, Brookings Institution; and Michael Taussig, assistant professor of economics, Rutgers University-- ROUNDTABLE BY FEDERAL PERSONNEL Brotman, Herman B., Administration on Aging; Louis Ravin, Depart- Mr. Brotman_ Mr. Ravin___ Mr. Stark__. Mrs. Bixby- Panel discussion.. Page 123 124 128 131 133 136 140 142 APPENDIXES Appendix 1. Economics of Aging: Toward A Full Share in Abundance, 149 Appendix 2. Senator Williams' letter of April 24, and letter of reply by 229 Appendix 3. Additional Material from Witnesses: Item 1. Ball, Robert M., Social Security Administration, Department of Health, Education, and Welfare.. 231 Exhibit A. Responses to questions from the chairman__. 231 Exhibit B. Responses from Commissioner Ball to questions sub- 237 Exhibit C. Responses from Commissioner Ball to questions by Senator Prouty as submitted by Senator Miller_Item 2. Herman B. Brotman, chief, Research and Statistics, Division of Program and Legislative Analysis, Social and Rehabilitation Service, Administration on Aging, Department of Health, Education, and Welfare___ 238 243 Item 3. Dr. Joseph A. Pechman, Director of Economic Studies, the 250 Exhibit A. Responses from Dr. Pechman to questions from the 250 Exhibit B. Brookings Research Report 94_ 253 Item 4. Lenore E. Bixby, Director, Division of Retirement and Survivor Studies, Office of Research and Statistics, Social Security Administration___ 264 Item 5. Mollie Orshansky, Division of Economic and Long-Range Studies, Office of Research and Statistics, Social Security Administration... 284 Item 6. Mrs. Dorothy P. Rice, Chief, Health Insurance Branch, Division of Health Insurance Studies, Office of Research and Statistics, Social Security Administration__ 292 Appendix 4. Letters from Individuals and Organizations: Bechill, William D., associate professor of social work and chairman, 297 Folsom, Marion B., Toronto, Ontario, May 28, 1969 299 Eckstein, Otto, Department of Economics, Harvard University, Cam- 305 Gallaway, Lowell E., professor of economics, Ohio University. 306 310 Jackson, Jacquelyne J., assistant professor of medical sociology, Duke 313 315 McClung, Nelson, Deputy Executive Director, President's Commission on Income Maintenance Programs, May 27, 1969....... 316 Seidman, Bert, director, Department of Social Insurance, AFL-CIO, 317 Appendix 4. Letters from Individuals and Organizations-Continued Oates, James F., Jr., the Equitable Life Assurance Society of the Ottman, Richard F., Acting Assistant Director, Office of Economic Rimlinger, Gaston V., professor of economics, chairman, Rice Uni- Tilove, Robert, Martin E. Segal Co., New York, June 2, 1969--- Lindsay, Inabel B., DSW member, part-time professional and execu- Page 320 321 322 323 329 330 330 331 |