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ECONOMICS OF AGING: TOWARD A FULL
SHARE IN ABUNDANCE,

91-1

HEARINGS

BEFORE THE

SPECIAL COMMITTEE ON AGING
UNITED STATES SENATE

/// NINETY-FIRST CONGRESS

FIRST SESSION

32-346

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Printed for the use of the Special Committee on Aging

U.S. GOVERNMENT PRINTING OFFICE
WASHINGTON: 1969

For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C. 20402 - Price $1.25

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WILLIAM E. ORIOL, Staff Director

JOHN GUY MILLER, Minority Staff Director

DOROTHY MCCAMMAN, Consultant, "Economics of Aging: Toward a Full Share in
Abundance"

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 5. Central Urban Area, Paramus, N.J., July 14, 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

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WEDNESDAY, April 30, 1969

ROUNDTABLE BY FEDERAL PERSONNEL

Brotman, Herman B., Administration on Aging; Louis Ravin, Depart-
ment of Labor; John R. Stark, U.S. Joint Economic Committee;
Lenore Epstein Bixby, Mollie Orshansky, and Dorothy P. Rice, Social
Security Administration..

Mr. Brotman_.

Mr. Ravin___

Mr. Stark

Mrs. Bixby.

Miss Orshansky.
Mrs. Rice

Panel discussion...

APPENDIXES

Page

123

124

128

131

133

136

140

142

Appendix 1. Economics of Aging: Toward A Full Share in Abundance,
Facts and Findings..

149

Appendix 2. Senator Williams' letter of April 24, and letter of reply by
Secretary Robert H. Finch of April 25-

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-
mitted by Senator Miller___

237

238

Item 3. Dr. Joseph A. Pechman, Director of Economic Studies, the
Brookings Institution, Washington, D.C____

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__

Exhibit A. Responses from Dr. Pechman to questions from the
chairman..

Exhibit B. Brookings Research Report 94.

243

250

250

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, Social Policy Sequence, School of Social Work, University of Maryland..

297

Folsom, Marion B., Toronto, Ontario, May 28, 1969_

299

Eckstein, Otto, Department of Economics, Harvard University, Cambridge, Mass., May 2, 1969___

305

Gallaway, Lowell E., professor of economics, Ohio University.
National Association of Manufacturers, statement..

306

310

Jackson, Jacquelyne J., assistant professor of medical sociology, Duke
University Medical Center, Durham, N.C., June 5, 1969.
Krislov, Joseph, professor, University of Kentucky, Lexington, Ky.,
May 20, 1969

313

315

McClung, Nelson, Deputy Executive Director, President's Commission
on Income Maintenance Programs, May 27, 1969----
Seidman, Bert, director, Department of Social Insurance, AFL-CIO,
Washington, D.C., May 26, 1969..

316

317

Appendix 4. Letters from Individuals and Organizations-Continued
Murray, Roger F., Teachers Insurance and Annuity Association of
America, Čollege Retirement Equities Fund, New York, May 29,
1969_

Oates, James F., Jr., the Equitable Life Assurance Society of the
United States, New York, May 29, 1969.
Ottman, Richard F., Acting Assistant Director, Office of Economic
Opportunity, Executive Office of the President, May 21, 1969----
Reuther, Walter P., president, International Union, United Auto-
mobile, Aerospace & Agriculture Implement Workers of America,
UAW, statement.

Rimlinger, Gaston V., professor of economics, chairman, Rice Uni-
versity, Houston, Tex., May 28, 1969...

Tilove, Robert, Martin É. Segal Co., New York, June 2, 1969--
Young, Whitney M., Jr., executive director, National Urban League,
Inc., New York, May 23, 1969__.

Lindsay, Inabel B., DSW member, part-time professional and execu-
tive corps, HEW, chairman, committee on individual and family
services, National Urban League, statement..

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