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Short essay question. From the material above and the data from the document it is clear that Social Security benefits are progressive. That is those
Short essay question. From the material above and the data from the document it is clear that Social Security benefits are progressive. That is those whose average earnings are low receive a higher percentage of career earnings than those with higher average earnings receive a lower percent of career earnings. I suspect that your family members near retirement do not know this --they have some sense that you receive what you paid for/ or something like that. What do you think ? Do you think it is fair or ok that those whose average earnings are low receive a higher percent of their earnings than those who have average higher earnings? Further one of the solutions to the future problem Social Security finding is to cut the benefit of higher earners even more and maintain the high replacement rate for those with average lower earnings
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