Tag: progressive benefit formula
Including disability benefits provides a more complete picture. The Social Security actuaries just released a study that takes a new look at the progressivity of the Social Security program – that is, the extent to which it pays relatively more generous benefits to low earners than to high earners. The usual story focuses on “money’s…
Consider the myriad reasons Black Americans get 19 percent less from Social Security during their retirement years than White retirees. Inequities in the labor market limit their job opportunities and earnings, which are the basis for determining how much they will get in their Social Security checks. Poorer health or the demands of caring for…