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For example, in 1950 there
were 16 workers for every social security retiree, while presently there
are only 3.3 workers for every retired worker drawing benefits. Estimates
are that by 2030 there will be fewer than two workers for every retiree.
Privatizing social security sounds extreme, but it has been done
successfully in other countries like Chile...
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Estimates
are that by 2030 there will be fewer than two workers for every retiree.
Privatizing social security sounds extreme, but it has been done
successfully in other countries like Chile. Jose Pinera, who was Chile's
minister of labor, privatized the state pension system in 1981. It is now
giving retirees generous pensions while fueling investment, growth and
improving living standards in that country...
Essay fragment
General points of the essay
Bankruptcy of Social Security
Overview of Social Security
Social Security Crisis
The reformation of Social Security
What is the Future of Social Security?
History Of Social Security
Prc Social Security Scheme
Should Social Security Be Privatized
The Social Security Dilemma
Distribution of Social Security
Privatization Of Social Security
Privatizing Social Security
Social Security In The Future? Maybe Not
Social Security Reform
Social Security
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