Human Capital Management White Papers
Social Security: Societal Changes Add Challenges to Program Protections
Overview Before the advent of Social Security, being old often meant being poor. Today, older Americans' dependency on public assistance is dramatically lower than Depression-era levels, and poverty rates among the elderly are now lower than for the population as a whole. At the same time, Social Security has become the single largest source of income for the elderly, providing retirement income to more than 90 percent of persons aged 65 and older. Given its long-term solvency problems, however, there are difficult decisions to be made about Social Security, largely because the program is so important to so many people.
| Publisher | Government Accountability Office | File Format | |
|---|---|---|---|
| Date Published | May 2005 | Downloads | 21 |
| Format | White Papers | ||
| Topics | |||



