Social Security--An Institution in Crisis.
Study project rept.,
ARMY WAR COLL CARLISLE BARRACKS PA
Pagination or Media Count:
Social Security is one of the most intensively managed Federal programs in existence. Yet, financially it promises to have serious problems in the future. Though much is written about the system, few Americans understand it--further, they find it incredulous that the system could be facing bankruptcy. Eligibility rules were generalized from the Social Security Handbook. Examples of three workers--the first made the minimum wage all his working life, the second the average non-farm wage, and the third the wage that would contribute maximum social security amounts yearly--are used to show how social security benefits are currently figured. These examples form the basis for a comparison with alternative pension plans. The American system is compared to the French and German versions and finally commentary is advanced to consider options for the future. Author
- Government and Political Science
- Personnel Management and Labor Relations