Tag: social insurance

Hand holding coins in birds nest.

Abstract In this report, we assess the economic well-being of elderly women in cross-national perspective, comparing the United States to four other rich countries:  the United Kingdom, Germany, Italy, and Sweden.  These countries constitute an illuminating group, as they have diverse social policy systems, with respect to both social insurance and public assistance; and they…

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Introduction The U.S. retirement income system has two main components — Social Security and publicly subsidized and regulated employer plans. The federal government created Social Security in the Great Depression, when the problem of old-age poverty was especially severe. Social Security is an employment-based social insurance program that assures older workers a basic replacement incom…