CSPAN2 Key Capitol Hill Hearings December 20, 2013
Recommend the retirees of infamy to 70 to 80 of their preretirement earnings. The typical new retiree today receives a Social Security benefit equal to 69 of their earnings immediately preceding retirement. Does this mean the retirees are living high on the hog in Social Security . Of course not. Many lowincome retirees who clearly receive inadequate benefits of the program, but its not their Social Security benefits are altogether sanjay. If you look at economic cultures say the u. K. , canada, australia or new zealand Pension Plans offer rates pretty close to a Social Security pays. Social s...
Source: archive.org