• Sign In / Register
  • Help
  • Basket0
Social Security and Individual Equity: Evolving Standards of Equity and Adequacy (Hardback)
  • Social Security and Individual Equity: Evolving Standards of Equity and Adequacy (Hardback)
zoom

Social Security and Individual Equity: Evolving Standards of Equity and Adequacy (Hardback)

(author), (author)
£65.00
Hardback 208 Pages / Published: 26/01/1993
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket
The compulsory nature of social security makes it possible for income to be distributed within and across beneficiary cohorts. Focusing on the Federal Social Security system, encompassing OASDI and Medicare, this volume examines the equity and adequacy criteria that serve as standards for determining how payroll tax revenues are to be distributed. Social Security distributes cash benefits to retired and disabled workers in accordance with past taxable earnings, and the book describes and evaluates the procedures for determining each worker's earnings-related benefit base. The benefit base serves as a standard of individual equity. Primary worker payments are determined by applying a cohort-specific benefit formula to the benefit base of each worker. The benefit formula includes a rate structure with a progressive tilt, resulting in a higher benefit-to-earnings ratio for workers with lower prior earnings. Other features of the benefit structure adjust benefits to allow for age at entitlement and presence of eligible dependents or survivors. This book examines all of these features from an individual equity perspective. The authors also use equity considerations to provide a framework for examining the disability determination process and the current procedure for financing the Hospital Insurance and Supplementary Medical Insurance components of Medicare. In conclusion, the authors contrast the existing system with alternatives that would conform more closely with an actuarial standard. They also conclude with a discussion of the effects of the impending OASI trust fund surplus on successive generations of beneficiaries.

Publisher: ABC-CLIO
ISBN: 9780313264597
Number of pages: 208
Weight: 473 g
Dimensions: 234 x 156 x 12 mm


MEDIA REVIEWS
"This is a well-written, informative work that contains an up-to-date and reasonably complete bibliography. Advanced undergraduate through professional."-Choice
"I urge those interested in a serious attempt to explore the whole of the social security elephant to read this book."-Journal of Economic Literature
?I urge those interested in a serious attempt to explore the whole of the social security elephant to read this book.?-Journal of Economic Literature
?This is a well-written, informative work that contains an up-to-date and reasonably complete bibliography. Advanced undergraduate through professional.?-Choice

You may also be interested in...

Freedom's Flowers
Added to basket
£10.99
Paperback
Direct Work with Vulnerable Children
Added to basket
The Woman Who Saved the Children
Added to basket
Mother and Child
Added to basket
Conversations That Matter
Added to basket
Good times, bad times
Added to basket
£13.99
Paperback
Banished Babies
Added to basket
£12.99
Paperback
Effective Child Protection
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.