Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Social Security and Family Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 108

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Author: United States. Advisory Council on Social Security Financing
Publisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 48

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Author: Paul E Peterson
Publisher: Routledge
ISBN: 1315501953
Category : Political Science
Languages : en
Pages : 164

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Offers a clear understanding of what Social Security has accomplished in the past, challenges it now faces, and possibilities for the future. Outlines the full spectrum of current issues, policies, benefits, and proposed reforms.

Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241823
Category : Political Science
Languages : en
Pages : 484

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This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest

Author: United States. Advisory Council on Social Security Financing
Publisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 54

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Author: John Attarian
Publisher: Transaction Publishers
ISBN: 9781412804912
Category : Political Science
Languages : en
Pages : 416

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One of today's most important national concerns is the projected bankruptcy of Social Security some time in the next few decades and the resultant inability to pay full benefits on time. It has been said that Social Security is the third rail of American politics--touch it and you die. Consequently, it took over two decades of warnings before it was established as a major domestic concern. In Social Security, now in paperback, John Attarian argues that the major cause of this impasse has been the misleading manner in which the program has been depicted to the public, and the beliefs about Social Security that prevail as a result. Most Americans see Social Security as retirement insurance under which taxpayers pay premiums to buy benefits for old age, with their contributions being held in a trust fund that will pay guaranteed benefits as an earned right. Attarian demonstrates that this false picture was deliberately cultivated by Social Security officials to ensure the program's constitutionality, while downplaying the power of Congress to eliminate, cut, delay, or tax benefits or deny them to certain classes of people. It was also presented in this manner to the public so as to make it popular and politically invulnerable. The resultant false consciousness about Social Security has decisively shaped the responses to the program's financial crises over the last two decades and helped preclude corrective action.

Author: Wallace C. Peterson
Publisher: Routledge
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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This text offers an understanding of what the US Social Security programme has accomplished in the past, the challenges it faces, and possibilities for the future. Contemporary issues, policies, benefits, and proposed reforms are outlined.

Author: Caroline Mutuku
Publisher: GRIN Verlag
ISBN: 3668749027
Category : Political Science
Languages : en
Pages : 6

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Polemic Paper from the year 2018 in the subject Business economics - Economic Policy, grade: 1, , language: English, abstract: This paper will provide a comprehensive argument against the proposal for the privatization of social security. Privatization of social security seems to have created an unprecedented debate in the past decade. This is attributable to the conflict of ideas between the critics of moving social security into private accounts and supporters of the proposal. From an economic perspective, the proposal to move social security into private account is believed to have been suggested, in order to prevent financial shortfalls in the future as it was the case in 1980s when financial difficulties were experienced. Historically, social security was created in 1935 through the Social Security Act, which was signed by President Franklin D. Roosevelt. This was meant establish a social insurance system that would protect workers and their families from catastrophic financial losses owing to retirement, disability or death. Since its inception, the US social security program provides monthly income benefits to workers who are under the social security system. As such, it ensures that workers and their families are protected against wage loss. For instance, in 2009, 69% of social security benefits were offered to retired workers, as well as their families, whereas disabled workers and survivors of the deceased workers received 18% and 13% of social security benefits, respectively. Currently, most Americans rely on social security program as the main retirement plan, and this phenomenon has raised concerns on its sustainability in the future. It is projected that over forty million Americans will attain their retirement age between 2010 and 2040. This implies that the social security will become one of the greatest single expenditures of the federal budget. This is probably why proponents of the proposal for moving social security to private accounts maintain that privatization will address insolvency in the future. Despite the benefits associated with the privatization of social security, there are numerous disadvantages which will create problems to the beneficiaries of the social security program.

Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 644

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Includes "Health Insurance for Aged Persons," by HEW (July 24, 1961. p. 67-180), and "The Added Years: A Major Challenge for Our Time," a report by the New York State Committee of One Hundred (Nov. 1, 1960. p. 457-530), pt.1; includes Committee Print "Selected List of Publications of the Committees of the Congress Relating to Health, Medical Care, Medical Facilities, and Rehabilitation," 1961 (p. 1885-1963), pt.4.

Author: 1971 Advisory Council on Social Security (U.S.)
Publisher:
ISBN:
Category : Medicare
Languages : en
Pages : 158

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