Social Security and Inequality

MacEwan discusses the importance of social security and its contribution to inequality in the US. He states that social security is important. It's not the best social insurance program, not what they could and should have. It does, however, make a large positive difference for many people. Yet...

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Veröffentlicht in:Dollars & Sense 2023 (366), p.46
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description MacEwan discusses the importance of social security and its contribution to inequality in the US. He states that social security is important. It's not the best social insurance program, not what they could and should have. It does, however, make a large positive difference for many people. Yet, Social Security has its problems. Foremost among these is that the pensions provided are on average less than half of the recipients' earnings prior to retirement. In several other high-income and some middle-income countries--for example, Italy, France, Austria, Denmark, the Netherlands, and Spain--benefits in government-sponsored retirement programs are over 60% of prior earnings.
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subjects Earnings
Inequality
Personal income
Retirement
Social security
title Social Security and Inequality
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