Engelhardt to study impact of Vietnam-era military service on Social Security
Gary Engelhardt, professor of economics in the Maxwell School, received an $89,160 grant to assess the overall impact of Vietnam-era military service on Social Security’s Old-Age, Survivors and Disability Insurance (OASDI) benefits and retirement income.
The project, “The Impact of Vietnam-Era Military Service on Social Security Benefits,” considers lifetime earnings of Vietnam-era veterans rather than just studying annual earnings. Lower lifetime earnings, relative to non-veterans, would lead to lower Average Indexed Monthly Earnings (AIME), lower Primary Insurance Amount (PIA), and ultimately lower OASDI benefits and retirement income.
The funding for the project came from the Center for Retirement Research at Boston College/SSA.