Social Security Systems and Retirement Plans
1) Explain why workers who reached retirement age in the
early years of the Social Security system are perceived to have received a
better deal than workers about to retire and those who will retire in the future.
2) Various proposals have been made to improve the Social
Security system's finances and to reform the pension system or increase the tax
rates. Explain one or more of the proposals.
3) Discuss how you would improve the Social Security system
and why your approach is sound. Please use outside sources to help justify your
position. Given what you've learned about the future of Social Security, what
savings and retirement planning decisions might you or your children
make in the future? Why?
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