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June 16, 2005 Social Security--A Labor Force Issue
From The Urban Institute:
Since Social Security was first enacted, vast changes have occurred in the economy, life expectancy, health care, the physical demands of jobs, the labor force participation of women, and even the age at which one can be considered old. As it stands now, the Social Security system--the cornerstone around which other social insurance or compensation programs are built--is a middle age retirement system that serves the truly old and vulnerable less and less each year. This testimony focuses on ways in which benefits can be reoriented to the old, by raising the retirement age, encouraging longer labor force participation, and addressing the inequities and inefficiencies in the present system. Read more from this post.
Posted on June 16, 2005 02:51 AM |
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