Social security was never for the poor, it's a pension every worker pays into. The poor never even qualify for maximum benefits as the pension is relative to income. But with the exception of Canada and New Zealand, no western countries have invested a significant portion of those wage payments as the first generation to qualify paid only a handful of years into the system. It was structured under the premise of 2.5 children per couple with a life expectancy of 72 years. Neither is true and both were obviously incorrect nearly 50 years ago.
Social security was never for the poor, it's a pension every worker pays into. The poor never even qualify for maximum benefits as the pension is relative to income. But with the exception of Canada and New Zealand, no western countries have invested a significant portion of those wage payments as the first generation to qualify paid only a handful of years into the system. It was structured under the premise of 2.5 children per couple with a life expectancy of 72 years. Neither is true and both were obviously incorrect nearly 50 years ago.
True
True
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