Social Security: What Role for the Future? (Conference of the National Academy of Social Insurance)
By Unknown Author.
Description
Recent reports predict that, barring any changes, the Social Security program will become insolvent--no longer able to pay promised benefits in full--around the year 2030, well within the retirement years of the baby boom generation. They also predict that the trust fund will stop being a net contributor and become instead a net claimant on the federal budget in the year 2013--much earlier than previously thought. With the world population aging, the increasing number of dependent senior citizens in all countries will become a major public policy issue that will have to be addressed continu...
ISBN(s)
0815718357, 9780815718352
