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The Social Security Administration faces new challenges in the twenty-first century because
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The Social Security Administration faces new challenges in the twenty-first century because
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Mar 20, 2017
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The Social Security Administration faces new challenges in the twenty-first century because
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Answer:
there are a greater number of retirees in the system
Step-by-step explanation:
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Because the demographic shift is such that the number of workers per SS benefits payee has collapsed from over 10 to 1 to close to 2-1 over 50 years. Thus the initial conditions of the program were very different and as a result the individual share for current workers paying in will, mathematically need to increase or the SS fund will go bankrupt.
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Mar 25, 2017
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