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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