Social Security in the 21st Century
Social Security has proved to be one of the most successful programmes in the USA. Despite this success, the design of the programme reflects yesterday's needs and it cannot survive into the 21st century without significant reforms. This handbook offers an introduction to the basic economic, demographic, and political aspects of social security, and addresses issues such as intergenerational equity, gender discrimination, and the future of entitlement programmes in a time of reduced government spending. It is aimed at scholars and students of sociology and public policy.
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THE SOCIAL INSURANCE APPROACH
THE HISTORICAL DEVELOPMENT OF SOCIAL SECURITY
SHOULD SOCIAL SECURITY BE MEANSTESTED?
ARE SOCIAL SECURITY BENEFITS TOO HIGH OR
ARE RETURNS ON PAYROLL TAXES FAIR?
SOCIAL SECURITY AND THE ECONOMIC SECURITY
DOES SOCIAL SECURITY DISCOURAGE WORK? 127
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actuarial adjustments Administration Americans amount approach average balance beneficiaries budget changes chapter confidence Congress continue contributions costs couples coverage covered dependency disability discussed early earnings economic effect elderly eligibility employer equal equity estimates example expected fact families federal financing force formula fund future groups growth higher important incentives income increase individual interest investment issues labor less living lower major means means-testing Medicare OASDI older paid payments pension percent period persons political population poverty present problems proposals protection question raise reason receive reduced reform relatively result retirement retirement age rise savings social insurance Social Security Administration Social Security benefits Social Security system spouse substantial survivor Table tax rates tion trust funds United universal wage welfare women workers worth
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