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SSASIM
  • a social security policy simulation model under continuous development since 1994, when started as part of Advisory Council's work
  • development funded by many organizations, including SSA, GAO, EBRI, AARP, IMF, Concord Coalition, and Policy Simulation Group
  • two models in one: macro model of aggregate program finances, and embedded micro model of cohort individuals that can represent a wide range of policy reforms including individual accounts
  • changes in assumptions and policy accomplished by altering values of parameters in a thoroughly documented input database, rather than having to reprogram model's logic
  • macro model: operates in cell-based actuarial (CBA) mode by default, or in overlapping cohorts (OLC) mode with the optional PENSIM and GEMINI add-ons; both modes represent systemic risks facing program using stochastic (Monte Carlo) simulation of key demographic and economic assumptions plus equity returns; produces output like in Trustees Reports; four-page introduction OASDI Solvency Estimation using the PSG Models (psg-solv.pdf) prepared for Social Security Advisory Board
  • micro model: operates in exemplary cohort individuals (ECI) mode by default, or in representative cohort sample (RCS) mode with the optional PENSIM and GEMINI add-ons; both modes use logic similar to other microsimulation models of birth cohorts; both modes project all systemic risks simulated by macro model onto individuals; RCS mode also represents idiosyncratic risks facing individuals regarding mortality, disability, labor force participation, earnings fluctuations, marriage, divorce, and childbirth; both modes produce a wide array of benefit adequacy and contribution return (i.e., "money's worth") statistics for individuals and couples; four-page introduction OASDI Distributional Estimation using the PSG Models (psg-dist.pdf) prepared for Social Security Advisory Board
  • introductory information is in two short documents: Getting Started with the PSG Models (psghelp.pdf) and Getting Started with the SSASIM RSF Toolkit (rsfhelp.pdf); more detailed information is in SSASIM Guide (guide.pdf) and in a SSA-commissioned paper on stochastic simulation methods (stochsim.pdf)

Complete SSASIM Installation Package for Windows 2000/XP
  • important installation details and version differences are explained in Getting Started with the PSG Models (psghelp.pdf)
  • free educational version of SSASIM requires no registration or subscription fee, but has some limitations
  • standard version of SSASIM requires registration and subscription fee
  • complete installation package for 5/12/08 educational or standard version: install-SSASIM.exe

Recent SSASIM Upgrade Packages for Registered SSASIM Users Who Already Have Complete SSASIM Installation
  • upgrade package is not a complete installation
  • upgrade instructions sent via email
  • upgrade packages for versions dated:     2/27/08     3/26/08     4/17/08     5/12/08


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This page was last revised on May 12, 2008.