Study finds Social Security discourages marriage, having children
Policymakers and citizens pondering the merits of Social Security reform should consider new evidence showing that 'social security' adversely affects decisions to marry and have children.A new UB study examining the experience of 57 countries over a 32-year period concludes that in the U.S. and other countries where social security is instituted as a defined-benefits, pay-as-you-go system, marriage and fertility rates fell sharply over time%u2014partly as a result of social security itself.
Those declines were not found in countries utilizing government-managed personal savings accounts or privatized pension funds as a basis of their social security system.
Posted by Dane on May 16, 2005 | 0 Comments
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