Turquoisarendppt
•Download as PPTX, PDF•
0 likes•202 views
Social Security was created in 1934 by President Roosevelt to provide financial assistance to unemployed, elderly, and disabled individuals. It was later expanded to include cost of living adjustments in 1972 and health benefits through Medicare and Medicaid. Over time, payroll tax rates for Social Security have increased to fund promised benefits. However, as millions of baby boomers retire over the next 10 years, the program's annual surplus will shrink and disappear, requiring billions in additional funding by around 2017 to pay all promised benefits.
Report
Share
Report
Share
Recommended
2007 Social Security Consumer Math
Social Security is a federal program that taxes workers' payroll to provide income support for the elderly and disabled. It began in 1935 during the Great Depression to provide support for the elderly. Workers and employers pay payroll taxes that fund current retirees' benefits in a pay-as-you-go system. Nearly half of elderly Americans rely on Social Security for most of their income. The program faces long-term financing issues if changes are not made.
2007 Social Security Consumer Math
Social Security is a federal program that taxes workers' payroll to provide income support for the elderly and disabled. It began in 1935 during the Great Depression to provide support for the elderly. Workers and employers pay payroll taxes that fund current retirees' benefits in a pay-as-you-go system. Nearly half of elderly Americans rely on Social Security for most of their income. Actuaries estimate future needs by reviewing past demographic and economic trends.
Socialsecurity
Social Security was created in 1935 to provide income security for older people by pooling resources through mandatory payroll taxes. It aims to prevent financial disaster for retirees and ensure basic protection for those in need. Social Security benefits individuals across their lifetime through retirement benefits, disability insurance, and survivor benefits. It is the primary income source for many retirees, with over 50% of beneficiaries relying on it for at least half their income. While it faces funding challenges, proposals to reform it focus on options like raising taxes, adjusting eligibility ages, or reducing benefits.
Pensions EC325
This document discusses problems facing state pension schemes and potential solutions. It outlines the history and purpose of programs like Social Security. Currently, state pensions face fiscal imbalance as lifespans rise, birth rates fall, and wages stagnate. This puts pressure on pay-as-you-go systems where current workers fund current retirees. Proposed solutions include tax hikes, benefit cuts, raising retirement ages, or shifting to fully funded individual accounts. However, fully funded systems also carry risks around investment choices, costs, and legacy debts. Overall, the document examines challenges facing state pensions and debates between reform options.
Social security in india and need of new policy
This explains the meaning of social security and also provides the account of social security programmes in India and their current status. This also illustrates the proposed changes in Policy as well as in structure of social security by central govt.
Social sec
This document discusses reforms to the Social Security program in the United States. It notes that Social Security is projected to run out of funds by 2033 due to increasing life expectancies and fewer workers paying into the system compared to retirees receiving benefits. The document proposes means-testing Social Security by gradually phasing out benefits for high-income earners over $50,000 to help close the program's funding gap and extend its solvency by reducing projected shortfalls by around 75%. This phaseout plan aims to target benefits to those most in need while keeping Social Security funded for future generations.
Welfare state
1) The document discusses the concept of a welfare state, which is a system of government focused on promoting economic well-being and equality among citizens.
2) It provides definitions and history of welfare states, noting they originated in Europe in the 19th-20th centuries and were pioneered by leaders like Bismarck and Asquith.
3) Examples are given of both successes and challenges of welfare states, such as Nordic countries exemplifying welfare states while inequality has increased in the UK in recent decades.
Protective measures to u l against exploitation
The document defines unorganized labor under the Unorganised Workers' Social Security Act of 2008, including home-based workers, self-employed workers, and wage workers not covered under other labor acts. It outlines social security benefits that should be provided by central and state governments to unorganized workers, such as life and disability insurance, health and maternity benefits, old age pensions, provident funds, employment injury compensation, housing, education, and skills training. Specific social security schemes that aim to help unorganized workers are also listed.
Recommended
2007 Social Security Consumer Math
Social Security is a federal program that taxes workers' payroll to provide income support for the elderly and disabled. It began in 1935 during the Great Depression to provide support for the elderly. Workers and employers pay payroll taxes that fund current retirees' benefits in a pay-as-you-go system. Nearly half of elderly Americans rely on Social Security for most of their income. The program faces long-term financing issues if changes are not made.
2007 Social Security Consumer Math
Social Security is a federal program that taxes workers' payroll to provide income support for the elderly and disabled. It began in 1935 during the Great Depression to provide support for the elderly. Workers and employers pay payroll taxes that fund current retirees' benefits in a pay-as-you-go system. Nearly half of elderly Americans rely on Social Security for most of their income. Actuaries estimate future needs by reviewing past demographic and economic trends.
Socialsecurity
Social Security was created in 1935 to provide income security for older people by pooling resources through mandatory payroll taxes. It aims to prevent financial disaster for retirees and ensure basic protection for those in need. Social Security benefits individuals across their lifetime through retirement benefits, disability insurance, and survivor benefits. It is the primary income source for many retirees, with over 50% of beneficiaries relying on it for at least half their income. While it faces funding challenges, proposals to reform it focus on options like raising taxes, adjusting eligibility ages, or reducing benefits.
Pensions EC325
This document discusses problems facing state pension schemes and potential solutions. It outlines the history and purpose of programs like Social Security. Currently, state pensions face fiscal imbalance as lifespans rise, birth rates fall, and wages stagnate. This puts pressure on pay-as-you-go systems where current workers fund current retirees. Proposed solutions include tax hikes, benefit cuts, raising retirement ages, or shifting to fully funded individual accounts. However, fully funded systems also carry risks around investment choices, costs, and legacy debts. Overall, the document examines challenges facing state pensions and debates between reform options.
Social security in india and need of new policy
This explains the meaning of social security and also provides the account of social security programmes in India and their current status. This also illustrates the proposed changes in Policy as well as in structure of social security by central govt.
Social sec
This document discusses reforms to the Social Security program in the United States. It notes that Social Security is projected to run out of funds by 2033 due to increasing life expectancies and fewer workers paying into the system compared to retirees receiving benefits. The document proposes means-testing Social Security by gradually phasing out benefits for high-income earners over $50,000 to help close the program's funding gap and extend its solvency by reducing projected shortfalls by around 75%. This phaseout plan aims to target benefits to those most in need while keeping Social Security funded for future generations.
Welfare state
1) The document discusses the concept of a welfare state, which is a system of government focused on promoting economic well-being and equality among citizens.
2) It provides definitions and history of welfare states, noting they originated in Europe in the 19th-20th centuries and were pioneered by leaders like Bismarck and Asquith.
3) Examples are given of both successes and challenges of welfare states, such as Nordic countries exemplifying welfare states while inequality has increased in the UK in recent decades.
Protective measures to u l against exploitation
The document defines unorganized labor under the Unorganised Workers' Social Security Act of 2008, including home-based workers, self-employed workers, and wage workers not covered under other labor acts. It outlines social security benefits that should be provided by central and state governments to unorganized workers, such as life and disability insurance, health and maternity benefits, old age pensions, provident funds, employment injury compensation, housing, education, and skills training. Specific social security schemes that aim to help unorganized workers are also listed.
Roosevelt and a_new_deal
The New Deal was President Roosevelt's response to the Great Depression and attempted to address its causes through relief, recovery, and reform programs. It provided direct assistance to the poor through programs like the WPA and CCC that created jobs. Recovery programs aimed to stimulate the economy through subsidies and industry regulations. Reform established institutions like the FDIC and SEC to stabilize the financial system. The New Deal permanently expanded the role of the federal government and changed public attitudes toward its responsibilities.
Showdown in Washington, D.C.
There's a showdown in Washington D.C. and our future is at stake. Which side is your member of Congress on? Prosperity for working families and the middle class? Or more for millionaires and CEO’s ?
102120 sbc housing report
The US government currently spends over $50 billion per year through 160 housing programs administered by 20 agencies, resulting in duplication and overlap. This complex system evolved over 80+ years through changing goals and priorities. For example, HUD and USDA rental assistance and loan programs overlap in services provided. HUD's Public Housing, Housing Choice Vouchers, and Section 8 programs serve similar populations with similar eligibility rules. The HOME and Housing Trust Fund block grant programs are nearly identical in many ways and should be consolidated. The government also supports housing through billions in tax expenditures that overlap with other programs. This byzantine system fails to efficiently and effectively serve those in need, and Congress should undertake reforms to streamline and consolidate programs.
Digital summary v1
The document summarizes the findings and recommendations of the Commission on the Future of Health and Social Care in England. It identifies three key problems with the current system: it is unfair, funding is separate between health and social care, and services are not well coordinated. The Commission recommends a new system that 1) commissions health and social care together, 2) simplifies access and increases personal control, and 3) increases free social care provision over time. However, these changes would require more funding. The Commission believes the costs can be covered through tax increases focused on those who can afford to pay more, and that the reformed system would be more efficient and achieve better outcomes.
Pension Plans
The document discusses the history and types of pension plans. It begins with defining a pension as a way to provide income after retirement. It then covers the history of pensions from the late 18th century to modern reforms. The main types of pension plans discussed are defined benefit plans, defined contribution plans like 401(k)s, and hybrid plans. It also addresses how the current economic crisis has impacted pension funding.
2022 medicare update Citizens Insurance Solutions - More than Medicare
Learn about the 2020 Federal spending budget, congress, Social Security, Medicare programs and they're solvency. Learn how Medicare is financed and what to look forward to regarding Medicare changes in 2022
08 mar22 the long view final
We held a webinar with the Government Actuary’s Department (GAD) for an in-depth look at the factors affecting working lifetimes, the impact of demographic changes and the implications for future policy.
Key questions we looked at were:
What changes are we seeing in our demographics?
How might working lives change?
Do longer lives equate to healthier lives?
Exploring this with us were:
Chair: Sophia Dimitriadis (Senior Economist, ILC)
Matt Gurden – Actuarial Director for Clients Development and Growth, Government Actuary Department
Steven Baxter – Head of Innovation and Development, Club Vita
Government and happiness: Can we trust our government?
Government and happiness: Can we trust our government?The Happiness Alliance - home of the Happiness Index
Government and Happiness: A data story based on the Gross National Happiness Index that tells us important lessons on how to live. This data visualization is one of a series of data stories!Showdown in Washington with Pentagon Spending
This powerpoint reviews what’s at stake in the Budget showdown with clear slides and narrative. It reviews the four principles progressives have joined together to fight for and action steps you can take get involved and make a difference. This powerpoint includes some additional information about the Showdown and Pentagon spending cuts and makes the case for reducing our military spending.
Happiness Data Playbook For A City
Over 38,000 people have taken the Gross National Happiness Index and over 120 cities, communities and campuses are using the Gross National Happiness. They have their happiness scores and are asking - now what? The Happiness Data Playbook offers ideas for policy makers and community activists to use the data for the happiness, sustainability and wellbeing of all. Inspired by the World Happiness Report, Legatum Institute Wellbeing and Policy report, and other documents, this document includes links to examples and resources.
Taxes
The document discusses various aspects of taxes in the United States including the constitutional basis for taxes, different types of taxes such as direct, indirect, and progressive taxes, and how tax revenue is spent by the government. It also covers public debt and borrowing, including who the government owes money to and why it borrows.
Needle in haystack
India's social security system has failed to adequately cover those most in need, especially in the unorganized sector. While organized sector workers receive some benefits, over 91% of India's workforce in the unorganized sector lacks access to social security. A national commission found that 79% of unorganized sector workers earn less than Rs. 20 per day with no social protections. Recent government schemes aim to expand coverage, but India still spends just 1.4% of GDP on social protection, among the lowest rates globally. For social security to effectively promote development, India must improve coverage for all citizens, especially the most vulnerable.
Ch 2 Governance: Population Policy
Singapore implemented population policies in two periods - from 1966-1981 to control rapid population growth through a "stop at two" policy, and from 1981-present to encourage growth to address an aging population. Measures to promote growth included the Graduate Mothers Scheme, encouraging three or more children if affordable, pro-family benefits, and attracting foreign talent. To meet aging challenges, Singapore adopts a "many helping hands" approach of individual responsibility, family support, community help, and government support to ensure seniors remain contributing assets.
Government responses to challenges facing the poor
The South African government responds to challenges through consultative forums based on collective governance and democratic centralism, including ANC conferences, community meetings, and parliamentary discussions. As a result, the government has implemented intervention programs to alleviate poverty and improve lives, such as the Reconstruction and Development Programme, National Development Plan, National Growth Path, National Skills Development Act, and Extended Public Works Programmes. However, unemployment remains high, particularly among disadvantaged groups, and the government must address needs while servicing IMF debt.
Debunking 8 Social Security Myths on its 80th Birthday
August 14 marks the 80th birthday of the Social Security program, which was established in the Social Security Act of 1935. Over the past 80 years, Social Security has provided important cash benefits and income security to seniors, survivors, individuals with disabilities, and their families – including to nearly 60 million people today. Yet Social Security is on a financially unsustainable course – and is not on track to be able to pay full benefits through its 100th birthday.
Sadly, instead of identifying solutions to prevent depletion of the trust funds, many commenters have relied on myths and half-truths to avoid having a conversation about the necessary choices. In this paper, we identify eight such myths – though there are many more
Social Security Paper (2–3 pages)Research the development and admi.pdf
Social Security Paper (2–3 pages) Research the development and administration of the U.S.
Social Security program. Include its history, current structure, and calculation of benefits; also,
include other benefits available through the program. The Social Security paper is worth 10
percent of your final grade.
Solution
Social Security paper focuses on how economic and social forces an theier relationship with
public problems and programs affect the decision of public policy makers. The research
classifies it into five stages :- problem identification, option development, passage of new laws
or development of new procedures, implementation, and evaluation.
It has many benefits to the people around in U.S .Social Security benefits protect the aged from
poverty. The character of Social Security program involves a balancing of protection and
distortion and structure of Income Tax System. U.S. economy situation has created a long-term
effect in many of the public organizations and departments
A Historical View :- Social security, the federal retirement system, is one of the most popular
government programs in United States history. Today, Social Security benefits are the backbone
of the nation\'s retirement income system. The long road to the successful development of social
security began in 1935. Before 1935, very few workers received job pensions. Those workers
that were covered never received benefits because they were not guaranteed. But now the social
security programs have been improved.
Social security presentation
The 1935 Social Security Act aimed to establish an income system for older persons to continue supporting themselves financially and provide basic protection for those most in need. It is financed through payroll taxes on employees and employers and provides benefits for retired and disabled workers through programs like OASI, DI, and HI. While not intended as a sole source of retirement, it aims to prevent poverty and uphold social responsibility and equity based on contributions. Current workers support current beneficiaries, though projections show the ratio of workers to retirees declining, raising questions about its sustainability.
The Benefits Of Social Security
The document discusses the history and benefits of Social Security in the United States. It was established in 1935 to provide financial assistance to retired, disabled, or deceased workers' families. Today, over 155 million people receive over $1 trillion in benefits annually. Benefits include retirement payments, disability insurance, and survivor benefits for spouses and children. However, concerns have been raised about Social Security's long-term financial stability due to changing demographics.
Social security
The document discusses the challenges facing Social Security as the baby boomer generation retires. As life expectancy increases and more baby boomers retire, there will be fewer workers paying into Social Security to support the growing number of retirees collecting benefits. This will strain Social Security's finances unless changes are made. The document proposes examining data on Social Security's current state and future projections to develop a plan that would adjust the retirement age, benefits amounts, and payroll taxes to help ensure the long-term sustainability of Social Security.
Social security final
- Social Security was originally created in Germany in 1883 by Otto von Bismarck as a way to gain popular support. He set the retirement age much higher than average life expectancy at the time.
- In the US, Franklin D. Roosevelt created Social Security in 1935 to gain popular support during the Great Depression. However, it has become a "Ponzi scheme" that relies on new contributions to pay existing beneficiaries rather than individual accounts.
- As people live longer and the population ages, the ratio of workers to beneficiaries is declining, threatening the program's viability without reforms. Politicians have raided Social Security funds and there are concerns about its long-term funding and structure.
Beyong_Secial_Secuty_Perception_of_food_and_water.ppt
This presentation provide an insight of social security by considering food, energy and water security concept
Social Security Presentation
The document discusses key facts about Social Security benefits and the Social Security system in the United States. It notes that Social Security is the largest government program in the world, paying out over $700 billion annually to over 50 million people. The Supreme Court has upheld the constitutionality of the Social Security Act. The first person to receive a monthly Social Security payment was Ida May Fuller in 1940. Social Security provides benefits to retired workers, disabled workers, widows/widowers and dependents. The amount individuals receive varies depending on their income level and other factors. Workers and employers both pay a percentage of earnings to fund the Social Security system.
More Related Content
What's hot
Roosevelt and a_new_deal
The New Deal was President Roosevelt's response to the Great Depression and attempted to address its causes through relief, recovery, and reform programs. It provided direct assistance to the poor through programs like the WPA and CCC that created jobs. Recovery programs aimed to stimulate the economy through subsidies and industry regulations. Reform established institutions like the FDIC and SEC to stabilize the financial system. The New Deal permanently expanded the role of the federal government and changed public attitudes toward its responsibilities.
Showdown in Washington, D.C.
There's a showdown in Washington D.C. and our future is at stake. Which side is your member of Congress on? Prosperity for working families and the middle class? Or more for millionaires and CEO’s ?
102120 sbc housing report
The US government currently spends over $50 billion per year through 160 housing programs administered by 20 agencies, resulting in duplication and overlap. This complex system evolved over 80+ years through changing goals and priorities. For example, HUD and USDA rental assistance and loan programs overlap in services provided. HUD's Public Housing, Housing Choice Vouchers, and Section 8 programs serve similar populations with similar eligibility rules. The HOME and Housing Trust Fund block grant programs are nearly identical in many ways and should be consolidated. The government also supports housing through billions in tax expenditures that overlap with other programs. This byzantine system fails to efficiently and effectively serve those in need, and Congress should undertake reforms to streamline and consolidate programs.
Digital summary v1
The document summarizes the findings and recommendations of the Commission on the Future of Health and Social Care in England. It identifies three key problems with the current system: it is unfair, funding is separate between health and social care, and services are not well coordinated. The Commission recommends a new system that 1) commissions health and social care together, 2) simplifies access and increases personal control, and 3) increases free social care provision over time. However, these changes would require more funding. The Commission believes the costs can be covered through tax increases focused on those who can afford to pay more, and that the reformed system would be more efficient and achieve better outcomes.
Pension Plans
The document discusses the history and types of pension plans. It begins with defining a pension as a way to provide income after retirement. It then covers the history of pensions from the late 18th century to modern reforms. The main types of pension plans discussed are defined benefit plans, defined contribution plans like 401(k)s, and hybrid plans. It also addresses how the current economic crisis has impacted pension funding.
2022 medicare update Citizens Insurance Solutions - More than Medicare
Learn about the 2020 Federal spending budget, congress, Social Security, Medicare programs and they're solvency. Learn how Medicare is financed and what to look forward to regarding Medicare changes in 2022
08 mar22 the long view final
We held a webinar with the Government Actuary’s Department (GAD) for an in-depth look at the factors affecting working lifetimes, the impact of demographic changes and the implications for future policy.
Key questions we looked at were:
What changes are we seeing in our demographics?
How might working lives change?
Do longer lives equate to healthier lives?
Exploring this with us were:
Chair: Sophia Dimitriadis (Senior Economist, ILC)
Matt Gurden – Actuarial Director for Clients Development and Growth, Government Actuary Department
Steven Baxter – Head of Innovation and Development, Club Vita
Government and happiness: Can we trust our government?
Government and happiness: Can we trust our government?The Happiness Alliance - home of the Happiness Index
Government and Happiness: A data story based on the Gross National Happiness Index that tells us important lessons on how to live. This data visualization is one of a series of data stories!Showdown in Washington with Pentagon Spending
This powerpoint reviews what’s at stake in the Budget showdown with clear slides and narrative. It reviews the four principles progressives have joined together to fight for and action steps you can take get involved and make a difference. This powerpoint includes some additional information about the Showdown and Pentagon spending cuts and makes the case for reducing our military spending.
Happiness Data Playbook For A City
Over 38,000 people have taken the Gross National Happiness Index and over 120 cities, communities and campuses are using the Gross National Happiness. They have their happiness scores and are asking - now what? The Happiness Data Playbook offers ideas for policy makers and community activists to use the data for the happiness, sustainability and wellbeing of all. Inspired by the World Happiness Report, Legatum Institute Wellbeing and Policy report, and other documents, this document includes links to examples and resources.
Taxes
The document discusses various aspects of taxes in the United States including the constitutional basis for taxes, different types of taxes such as direct, indirect, and progressive taxes, and how tax revenue is spent by the government. It also covers public debt and borrowing, including who the government owes money to and why it borrows.
Needle in haystack
India's social security system has failed to adequately cover those most in need, especially in the unorganized sector. While organized sector workers receive some benefits, over 91% of India's workforce in the unorganized sector lacks access to social security. A national commission found that 79% of unorganized sector workers earn less than Rs. 20 per day with no social protections. Recent government schemes aim to expand coverage, but India still spends just 1.4% of GDP on social protection, among the lowest rates globally. For social security to effectively promote development, India must improve coverage for all citizens, especially the most vulnerable.
Ch 2 Governance: Population Policy
Singapore implemented population policies in two periods - from 1966-1981 to control rapid population growth through a "stop at two" policy, and from 1981-present to encourage growth to address an aging population. Measures to promote growth included the Graduate Mothers Scheme, encouraging three or more children if affordable, pro-family benefits, and attracting foreign talent. To meet aging challenges, Singapore adopts a "many helping hands" approach of individual responsibility, family support, community help, and government support to ensure seniors remain contributing assets.
Government responses to challenges facing the poor
The South African government responds to challenges through consultative forums based on collective governance and democratic centralism, including ANC conferences, community meetings, and parliamentary discussions. As a result, the government has implemented intervention programs to alleviate poverty and improve lives, such as the Reconstruction and Development Programme, National Development Plan, National Growth Path, National Skills Development Act, and Extended Public Works Programmes. However, unemployment remains high, particularly among disadvantaged groups, and the government must address needs while servicing IMF debt.
What's hot (14)
2022 medicare update Citizens Insurance Solutions - More than Medicare
2022 medicare update Citizens Insurance Solutions - More than Medicare
Government and happiness: Can we trust our government?
Government and happiness: Can we trust our government?
Government responses to challenges facing the poor
Government responses to challenges facing the poor
Similar to Turquoisarendppt
Debunking 8 Social Security Myths on its 80th Birthday
August 14 marks the 80th birthday of the Social Security program, which was established in the Social Security Act of 1935. Over the past 80 years, Social Security has provided important cash benefits and income security to seniors, survivors, individuals with disabilities, and their families – including to nearly 60 million people today. Yet Social Security is on a financially unsustainable course – and is not on track to be able to pay full benefits through its 100th birthday.
Sadly, instead of identifying solutions to prevent depletion of the trust funds, many commenters have relied on myths and half-truths to avoid having a conversation about the necessary choices. In this paper, we identify eight such myths – though there are many more
Social Security Paper (2–3 pages)Research the development and admi.pdf
Social Security Paper (2–3 pages) Research the development and administration of the U.S.
Social Security program. Include its history, current structure, and calculation of benefits; also,
include other benefits available through the program. The Social Security paper is worth 10
percent of your final grade.
Solution
Social Security paper focuses on how economic and social forces an theier relationship with
public problems and programs affect the decision of public policy makers. The research
classifies it into five stages :- problem identification, option development, passage of new laws
or development of new procedures, implementation, and evaluation.
It has many benefits to the people around in U.S .Social Security benefits protect the aged from
poverty. The character of Social Security program involves a balancing of protection and
distortion and structure of Income Tax System. U.S. economy situation has created a long-term
effect in many of the public organizations and departments
A Historical View :- Social security, the federal retirement system, is one of the most popular
government programs in United States history. Today, Social Security benefits are the backbone
of the nation\'s retirement income system. The long road to the successful development of social
security began in 1935. Before 1935, very few workers received job pensions. Those workers
that were covered never received benefits because they were not guaranteed. But now the social
security programs have been improved.
Social security presentation
The 1935 Social Security Act aimed to establish an income system for older persons to continue supporting themselves financially and provide basic protection for those most in need. It is financed through payroll taxes on employees and employers and provides benefits for retired and disabled workers through programs like OASI, DI, and HI. While not intended as a sole source of retirement, it aims to prevent poverty and uphold social responsibility and equity based on contributions. Current workers support current beneficiaries, though projections show the ratio of workers to retirees declining, raising questions about its sustainability.
The Benefits Of Social Security
The document discusses the history and benefits of Social Security in the United States. It was established in 1935 to provide financial assistance to retired, disabled, or deceased workers' families. Today, over 155 million people receive over $1 trillion in benefits annually. Benefits include retirement payments, disability insurance, and survivor benefits for spouses and children. However, concerns have been raised about Social Security's long-term financial stability due to changing demographics.
Social security
The document discusses the challenges facing Social Security as the baby boomer generation retires. As life expectancy increases and more baby boomers retire, there will be fewer workers paying into Social Security to support the growing number of retirees collecting benefits. This will strain Social Security's finances unless changes are made. The document proposes examining data on Social Security's current state and future projections to develop a plan that would adjust the retirement age, benefits amounts, and payroll taxes to help ensure the long-term sustainability of Social Security.
Social security final
- Social Security was originally created in Germany in 1883 by Otto von Bismarck as a way to gain popular support. He set the retirement age much higher than average life expectancy at the time.
- In the US, Franklin D. Roosevelt created Social Security in 1935 to gain popular support during the Great Depression. However, it has become a "Ponzi scheme" that relies on new contributions to pay existing beneficiaries rather than individual accounts.
- As people live longer and the population ages, the ratio of workers to beneficiaries is declining, threatening the program's viability without reforms. Politicians have raided Social Security funds and there are concerns about its long-term funding and structure.
Beyong_Secial_Secuty_Perception_of_food_and_water.ppt
This presentation provide an insight of social security by considering food, energy and water security concept
Social Security Presentation
The document discusses key facts about Social Security benefits and the Social Security system in the United States. It notes that Social Security is the largest government program in the world, paying out over $700 billion annually to over 50 million people. The Supreme Court has upheld the constitutionality of the Social Security Act. The first person to receive a monthly Social Security payment was Ida May Fuller in 1940. Social Security provides benefits to retired workers, disabled workers, widows/widowers and dependents. The amount individuals receive varies depending on their income level and other factors. Workers and employers both pay a percentage of earnings to fund the Social Security system.
Diksha patel bharti sir 3rd sem. (1)
Social security describes government programs that provide economic security for citizens. It aims to ensure access to healthcare and guarantee income security. The key goals are to protect individuals from economic and social hardship due to issues like sickness, unemployment, old age or death. There are two main approaches - social assistance funded solely by government, and social insurance where both employers and employees contribute to funds. Major social security programs in India include Employees' Provident Fund, Employees' State Insurance, Maternity Benefit and Pension schemes covering retirement, health, disability and other needs.
Social security
Social Security provides retirement, disability, and survivor benefits funded by payroll taxes and is the primary source of income for most elderly Americans. It has four trust funds and covers over 157 million workers, paying out benefits to over 56 million recipients. While the program faces challenges in coming decades due to increasing numbers of retirees, there are differing views on potential reforms such as privatization of accounts or reductions in benefits.
China
The document discusses the reform and development of China's social security system. It describes the system's evolution over three phases from the founding of the People's Republic of China to the present. Currently, the social security system includes six components like social insurance, social assistance, and housing security. Social insurance is the core and includes programs like basic old-age pensions, medical insurance, and unemployment insurance. The system has expanded coverage from urban workers to all urban and rural residents and achieved notable success in building institutions and improving benefits.
Social Security Turns 80: The Need for Reform
President Franklin Delano Roosevelt signed the Social Security Act into law on August 14, 1935. As the critical program celebrates its 80th birthday, we take a look at the challenges that must be overcome so that it can see at least 80 more years.
Understand Social Security Benefits
Social security benefits provide retirement, disability, and survivor benefits that are funded through payroll taxes called FICA. The social security program had over 54 million beneficiaries and 157 million workers contributing in 2020, with 44 million receiving retirement benefits and 10 million receiving disability benefits. The social security system has improved benefits since its establishment in 1935 to help address risks like old age, poverty, unemployment, and support for widows and children.
Social Insurance, Hanna Mark
This document provides an overview of social insurance programs in the United States, with a focus on Social Security. It begins with definitions of income and income maintenance programs. It then discusses the two major tiers of welfare policy: reducing poverty through social assistance programs, and providing income security through social insurance programs like Social Security. The bulk of the document details Social Security, including its history, components, funding through payroll taxes, benefits provided, impact on poverty rates, and debates around proposed reforms to address projected shortfalls in coming decades.
2015-MMI-ViewPoint-Sinsimer-4
This document discusses the retirement challenges facing Baby Boomers and the history of retirement plans in the United States. It describes how the Employee Retirement Income Security Act of 1974 (ERISA) increased regulation of pension funds but also made defined benefit plans costly for employers. Many employers then shifted to defined contribution plans like 401(k)s. However, lawsuits arose over investment returns in these plans. The 401(k) was then accidentally created in a little-noticed provision of the Revenue Act of 1978, which was intended to cut taxes rather than address retirement savings.
Changes In Pension Accounting Over Time Have Improved...
This document provides an overview of the Canada Pension Plan (CPP), which is a contributory, earnings-related social insurance program that provides retirement pensions, disability benefits, and survivor benefits to eligible Canadians. Key details include that the CPP is funded through contributions from employers and employees that are reported on T4 slips, and individuals can request annual statements showing their contributions and estimated future benefits.
Similar to Turquoisarendppt (16)
Debunking 8 Social Security Myths on its 80th Birthday
Debunking 8 Social Security Myths on its 80th Birthday
Social Security Paper (2–3 pages)Research the development and admi.pdf
Social Security Paper (2–3 pages)Research the development and admi.pdf
Beyong_Secial_Secuty_Perception_of_food_and_water.ppt
Beyong_Secial_Secuty_Perception_of_food_and_water.ppt
Changes In Pension Accounting Over Time Have Improved...
Changes In Pension Accounting Over Time Have Improved...
Recently uploaded
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI, built on the robust SAP Business Technology Platform (SAP BTP), is the latest and most advanced version of our AI development, reaffirming our commitment to delivering top-tier AI solutions. Skybuffer AI harnesses all the innovative capabilities of the SAP BTP in the AI domain, from Conversational AI to cutting-edge Generative AI and Retrieval-Augmented Generation (RAG). It also helps SAP customers safeguard their investments into SAP Conversational AI and ensure a seamless, one-click transition to SAP Business AI.
With Skybuffer AI, various AI models can be integrated into a single communication channel such as Microsoft Teams. This integration empowers business users with insights drawn from SAP backend systems, enterprise documents, and the expansive knowledge of Generative AI. And the best part of it is that it is all managed through our intuitive no-code Action Server interface, requiring no extensive coding knowledge and making the advanced AI accessible to more users.
Generating privacy-protected synthetic data using Secludy and Milvus
During this demo, the founders of Secludy will demonstrate how their system utilizes Milvus to store and manipulate embeddings for generating privacy-protected synthetic data. Their approach not only maintains the confidentiality of the original data but also enhances the utility and scalability of LLMs under privacy constraints. Attendees, including machine learning engineers, data scientists, and data managers, will witness first-hand how Secludy's integration with Milvus empowers organizations to harness the power of LLMs securely and efficiently.
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean Lotus cyber threat actors represent a sophisticated, persistent, and politically motivated group that poses a significant risk to organizations and individuals in the Southeast Asian region. Their continuous evolution and adaptability underscore the need for robust cybersecurity measures and international cooperation to identify and mitigate the threats posed by such advanced persistent threat groups.
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
Predictive maintenance is a proactive approach that anticipates equipment failures before they happen. At the forefront of this innovative strategy is Artificial Intelligence (AI), which brings unprecedented precision and efficiency. AI in predictive maintenance is transforming industries by reducing downtime, minimizing costs, and enhancing productivity.
AWS Cloud Cost Optimization Presentation.pptx
This presentation provides valuable insights into effective cost-saving techniques on AWS. Learn how to optimize your AWS resources by rightsizing, increasing elasticity, picking the right storage class, and choosing the best pricing model. Additionally, discover essential governance mechanisms to ensure continuous cost efficiency. Whether you are new to AWS or an experienced user, this presentation provides clear and practical tips to help you reduce your cloud costs and get the most out of your budget.
Columbus Data & Analytics Wednesdays - June 2024
Columbus Data & Analytics Wednesdays, June 2024 with Maria Copot 20
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-und-domino-lizenzkostenreduzierung-in-der-welt-von-dlau/
DLAU und die Lizenzen nach dem CCB- und CCX-Modell sind für viele in der HCL-Community seit letztem Jahr ein heißes Thema. Als Notes- oder Domino-Kunde haben Sie vielleicht mit unerwartet hohen Benutzerzahlen und Lizenzgebühren zu kämpfen. Sie fragen sich vielleicht, wie diese neue Art der Lizenzierung funktioniert und welchen Nutzen sie Ihnen bringt. Vor allem wollen Sie sicherlich Ihr Budget einhalten und Kosten sparen, wo immer möglich. Das verstehen wir und wir möchten Ihnen dabei helfen!
Wir erklären Ihnen, wie Sie häufige Konfigurationsprobleme lösen können, die dazu führen können, dass mehr Benutzer gezählt werden als nötig, und wie Sie überflüssige oder ungenutzte Konten identifizieren und entfernen können, um Geld zu sparen. Es gibt auch einige Ansätze, die zu unnötigen Ausgaben führen können, z. B. wenn ein Personendokument anstelle eines Mail-Ins für geteilte Mailboxen verwendet wird. Wir zeigen Ihnen solche Fälle und deren Lösungen. Und natürlich erklären wir Ihnen das neue Lizenzmodell.
Nehmen Sie an diesem Webinar teil, bei dem HCL-Ambassador Marc Thomas und Gastredner Franz Walder Ihnen diese neue Welt näherbringen. Es vermittelt Ihnen die Tools und das Know-how, um den Überblick zu bewahren. Sie werden in der Lage sein, Ihre Kosten durch eine optimierte Domino-Konfiguration zu reduzieren und auch in Zukunft gering zu halten.
Diese Themen werden behandelt
- Reduzierung der Lizenzkosten durch Auffinden und Beheben von Fehlkonfigurationen und überflüssigen Konten
- Wie funktionieren CCB- und CCX-Lizenzen wirklich?
- Verstehen des DLAU-Tools und wie man es am besten nutzt
- Tipps für häufige Problembereiche, wie z. B. Team-Postfächer, Funktions-/Testbenutzer usw.
- Praxisbeispiele und Best Practices zum sofortigen Umsetzen
TrustArc Webinar - 2024 Global Privacy Survey
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
Programming Foundation Models with DSPy - Meetup Slides
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
Nunit vs XUnit vs MSTest Differences Between These Unit Testing Frameworks.pdf
When it comes to unit testing in the .NET ecosystem, developers have a wide range of options available. Among the most popular choices are NUnit, XUnit, and MSTest. These unit testing frameworks provide essential tools and features to help ensure the quality and reliability of code. However, understanding the differences between these frameworks is crucial for selecting the most suitable one for your projects.
Finale of the Year: Apply for Next One!
Presentation for the event called "Finale of the Year: Apply for Next One!" organized by GDSC PJATK
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift
Overview
Dive into the world of anomaly detection on edge devices with our comprehensive hands-on tutorial. This SlideShare presentation will guide you through the entire process, from data collection and model training to edge deployment and real-time monitoring. Perfect for those looking to implement robust anomaly detection systems on resource-constrained IoT/edge devices.
Key Topics Covered
1. Introduction to Anomaly Detection
- Understand the fundamentals of anomaly detection and its importance in identifying unusual behavior or failures in systems.
2. Understanding Edge (IoT)
- Learn about edge computing and IoT, and how they enable real-time data processing and decision-making at the source.
3. What is ArgoCD?
- Discover ArgoCD, a declarative, GitOps continuous delivery tool for Kubernetes, and its role in deploying applications on edge devices.
4. Deployment Using ArgoCD for Edge Devices
- Step-by-step guide on deploying anomaly detection models on edge devices using ArgoCD.
5. Introduction to Apache Kafka and S3
- Explore Apache Kafka for real-time data streaming and Amazon S3 for scalable storage solutions.
6. Viewing Kafka Messages in the Data Lake
- Learn how to view and analyze Kafka messages stored in a data lake for better insights.
7. What is Prometheus?
- Get to know Prometheus, an open-source monitoring and alerting toolkit, and its application in monitoring edge devices.
8. Monitoring Application Metrics with Prometheus
- Detailed instructions on setting up Prometheus to monitor the performance and health of your anomaly detection system.
9. What is Camel K?
- Introduction to Camel K, a lightweight integration framework built on Apache Camel, designed for Kubernetes.
10. Configuring Camel K Integrations for Data Pipelines
- Learn how to configure Camel K for seamless data pipeline integrations in your anomaly detection workflow.
11. What is a Jupyter Notebook?
- Overview of Jupyter Notebooks, an open-source web application for creating and sharing documents with live code, equations, visualizations, and narrative text.
12. Jupyter Notebooks with Code Examples
- Hands-on examples and code snippets in Jupyter Notebooks to help you implement and test anomaly detection models.
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
A Mix Chart displays historical data of numbers in a graphical or tabular form. The Kalyan Rajdhani Mix Chart specifically shows the results of a sequence of numbers over different periods.
Artificial Intelligence for XMLDevelopment
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
Operating System Used by Users in day-to-day life.pptx
Dive into the realm of operating systems (OS) with Pravash Chandra Das, a seasoned Digital Forensic Analyst, as your guide. 🚀 This comprehensive presentation illuminates the core concepts, types, and evolution of OS, essential for understanding modern computing landscapes.
Beginning with the foundational definition, Das clarifies the pivotal role of OS as system software orchestrating hardware resources, software applications, and user interactions. Through succinct descriptions, he delineates the diverse types of OS, from single-user, single-task environments like early MS-DOS iterations, to multi-user, multi-tasking systems exemplified by modern Linux distributions.
Crucial components like the kernel and shell are dissected, highlighting their indispensable functions in resource management and user interface interaction. Das elucidates how the kernel acts as the central nervous system, orchestrating process scheduling, memory allocation, and device management. Meanwhile, the shell serves as the gateway for user commands, bridging the gap between human input and machine execution. 💻
The narrative then shifts to a captivating exploration of prominent desktop OSs, Windows, macOS, and Linux. Windows, with its globally ubiquitous presence and user-friendly interface, emerges as a cornerstone in personal computing history. macOS, lauded for its sleek design and seamless integration with Apple's ecosystem, stands as a beacon of stability and creativity. Linux, an open-source marvel, offers unparalleled flexibility and security, revolutionizing the computing landscape. 🖥️
Moving to the realm of mobile devices, Das unravels the dominance of Android and iOS. Android's open-source ethos fosters a vibrant ecosystem of customization and innovation, while iOS boasts a seamless user experience and robust security infrastructure. Meanwhile, discontinued platforms like Symbian and Palm OS evoke nostalgia for their pioneering roles in the smartphone revolution.
The journey concludes with a reflection on the ever-evolving landscape of OS, underscored by the emergence of real-time operating systems (RTOS) and the persistent quest for innovation and efficiency. As technology continues to shape our world, understanding the foundations and evolution of operating systems remains paramount. Join Pravash Chandra Das on this illuminating journey through the heart of computing. 🌟
Taking AI to the Next Level in Manufacturing.pdf
Read Taking AI to the Next Level in Manufacturing to gain insights on AI adoption in the manufacturing industry, such as:
1. How quickly AI is being implemented in manufacturing.
2. Which barriers stand in the way of AI adoption.
3. How data quality and governance form the backbone of AI.
4. Organizational processes and structures that may inhibit effective AI adoption.
6. Ideas and approaches to help build your organization's AI strategy.
Introduction of Cybersecurity with OSS at Code Europe 2024
I develop the Ruby programming language, RubyGems, and Bundler, which are package managers for Ruby. Today, I will introduce how to enhance the security of your application using open-source software (OSS) examples from Ruby and RubyGems.
The first topic is CVE (Common Vulnerabilities and Exposures). I have published CVEs many times. But what exactly is a CVE? I'll provide a basic understanding of CVEs and explain how to detect and handle vulnerabilities in OSS.
Next, let's discuss package managers. Package managers play a critical role in the OSS ecosystem. I'll explain how to manage library dependencies in your application.
I'll share insights into how the Ruby and RubyGems core team works to keep our ecosystem safe. By the end of this talk, you'll have a better understanding of how to safeguard your code.
June Patch Tuesday
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
Recently uploaded (20)
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Generating privacy-protected synthetic data using Secludy and Milvus
Generating privacy-protected synthetic data using Secludy and Milvus
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
WeTestAthens: Postman's AI & Automation Techniques
WeTestAthens: Postman's AI & Automation Techniques
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
HCL Notes und Domino Lizenzkostenreduzierung in der Welt von DLAU
Programming Foundation Models with DSPy - Meetup Slides
Programming Foundation Models with DSPy - Meetup Slides
Nunit vs XUnit vs MSTest Differences Between These Unit Testing Frameworks.pdf
Nunit vs XUnit vs MSTest Differences Between These Unit Testing Frameworks.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdf
Operating System Used by Users in day-to-day life.pptx
Operating System Used by Users in day-to-day life.pptx
Introduction of Cybersecurity with OSS at Code Europe 2024
Introduction of Cybersecurity with OSS at Code Europe 2024
Turquoisarendppt
- 1. Social Security Turquois Arend
- 2. How was Social security program original created June 1934 Roosevelt convened the committee to research a program which was called "Committee on Economic Security,”.
- 3. The social security program was started for those whom are unemployed, old of age and not able to work to pay their bills, children whom are disable, homeless, and neglected, also for people’s health plan.
- 4. There was an amendment started in 1972 for the cost of living which means that as the value of a dollar changes over time prices of items are increased, also those whom receive benefits their money should increase also.
- 5. Over time the tax rate for Social Security increased from when it first started. The employee’s portion of the Social Security tax, which is withheld from employees salary and wages during 2011, will be 4.2% of the first $106,800 of each employee’s taxable earnings.
- 6. 2010- 2011 payroll tax
- 7. As the program got better Medicare and Medicaid tax payroll was increased over the years.
- 8. In the future will Social Security still benefit the people who will retire later on?
- 9. . “Social Security's future problems are equally predictable, even if their exact timing is uncertain. As millions of baby boomers approach retirement, the program's annual cash surplus will shrink and then disappear.” ”(The Free Enterprise Nation).
- 10. Social Security’s Future Over roughly the next 10 years, those Social Security surpluses, about $100 billion a year at their peak, will continue to shrink and then disappear completely.
- 11. And then the real problems hit. Somewhere around 2017, on top of replacing Social Security's $100 billion annual surplus, Congress will have to find billions more so that Social Security can pay all of the benefits that it has promised.