Pension Projection Models

PSG Models

Three stochastic microsimulation models — SSASIM, PENSIM, GEMINI — work together seamlessly to provide an easy-to-use, well-documented, fast-running, extensively-validated, publicly-available capability for U.S. pension and social security analysis. The combination of capabilities is unique.

Pension analysis capabilities focus on the implications of employer offerings, employee behavior, and government policy for the distribution of lifetime accumulations of employer-sponsored pension wealth and the resulting retirement incomes generated by pension wealth. Details

Social security analysis capabilities focus on the implications of government policy, demographic trends, economic conditions, and individual behavior for the solvency of the trust funds and for the distribution of benefits within and across birth cohorts. Details

Analyses that combine pension and social security capabilities. Papers

Major Sponsors

The PSG models are sponsored in part by the following U.S. government agencies:

DOL Employee Benefits Security Administration has sponsored almost all development of PENSIM since 1997.

SSA Office of Retirement and Disability Policy has sponsored substantial development of SSASIM and GEMINI since 2001.

Current Version

12/18/09 version of the PSG models is stable and is recommended for all users.

Other Links

Well-known users

Key features

Getting started

Earlier versions