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Extraction Summary

2
People
5
Organizations
0
Locations
0
Events
0
Relationships
3
Quotes

Document Information

Type: Presentation slides / financial report
File Size: 1.27 MB
Summary

This document contains two presentation slides (pages 257 and 258) from a report titled 'USA Inc. | What Might a Turnaround Expert Consider?' produced by KPCB (Kleiner Perkins). The slides propose mathematical illustrations for restructuring Social Security, specifically suggesting increasing the retirement age from 67 to 73 (Slide 1) and reducing benefits by 12% (Slide 2). The document bears a House Oversight Committee Bates stamp (HOUSE_OVERSIGHT_020970).

People (2)

Name Role Context
Melissa M. Favreault Researcher/Author
Cited as source from The Urban Institute regarding raising Social Security retirement age
Richard W. Johnson Researcher/Author
Cited as source from The Urban Institute regarding raising Social Security retirement age

Organizations (5)

Name Type Context
KPCB
Kleiner Perkins Caufield & Byers (Logo present on slides, website listed)
The Urban Institute
Source organization for data on Slide 1
Social Security Administration
Source organization for data on Slide 2
USA Inc.
Name of the presentation/report listed in the footer
House Oversight Committee
Source of the document via Bates stamp

Key Quotes (3)

"Increase full retirement age to 73 will reduce average life expectancy at retirement to the same level as when Social Security was introduced in the late 1930s."
Source
HOUSE_OVERSIGHT_020970.jpg
Quote #1
"Reduce Social Security Benefits by 12%, Immediately & Permanently"
Source
HOUSE_OVERSIGHT_020970.jpg
Quote #2
"These calculations are merely mechanical illustrations and are not meant to portray realistic solutions."
Source
HOUSE_OVERSIGHT_020970.jpg
Quote #3

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