Social Security
- 1 April 1998
- journal article
- research article
- Published by Taylor & Francis in North American Actuarial Journal
- Vol. 2 (2) , 1-23
- https://doi.org/10.1080/10920277.1998.10595687
Abstract
The evidence is growing that a positive correlation exists between income levels and longevity. In short, high-income earners live longer. That also means that high-income earners get larger retirement-income security benefits from social security. This correlation raises the following questions: This paper analyzes both the Old-Age, Survivors, and Disability Insurance (OASDI) system of the U.S. and the Canada/Quebec Pension Plans (C/QPP) in Canada to determine whether these systems are “a good deal” and whether they are regressive or progressive as defined above.Keywords
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