social security: offering welfare opportunities for the vulnerable people.

Social Security: Offering Welfare Opportunities for the Vulnerable People

The International Labor Organization has defined social security as the shield that a society provides to their members to ensure health care accessibility and to warrant income security, especially for the elderly/unemployed/sick/injury during job, pregnancy or death of the earning member of the family (1). Social security benefits directly influence the economic well-being of a household at d...

Social Security for Farm People

The 12 million people working in American agriculture are still without protection against the personal causes of insecurity. No program to meet the risks of illness, accident, disability, old age, and premature death has yet been provided for them. When the principal breadwinner of a farm family, be he an operator or a paid worker, is stricken by long illness, old age, or death, the family has...

The Relations of Social Security and Social Welfare Services

THE PAST few years have seen a growing interest, iu countries at, varyiiig stages of economic and social developmeut, in the appropriate development and organization of social welfare services. Coucepts aud definit,ious as well as methods of providing social services vary greatly, but it seems evident that industrialization aud urbauizat,ion have created certain commuuit,y ueeds to which people...

Vulnerable Populations: Vulnerable People

Welfare Implications of Net Social Security Wealth

Real net social wealth (NSSW), the real present value of social security benefits received minus social security taxes paid, is frequently used as a direct proxy measure for the impact of a social security system on generation welfare. The present paper establishes to the contrary, for a class of overlapping generation economies, that NSSW can be simultaneously negatively correlated with welfar...

Reforming: Social Security A Welfare Analysis

T he U.S. Social Security System was conceived as a means to ensure a minimum standard of living for the elderly, and it has done so. Poverty rates among the old have dropped, and many retirees can now look forward to a comfortable retirement, funded in part by their Social Security benefits. However, the system' s ability to provide future retirees with a comparable retirement income has been ...