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Unformatted text preview: 1) Not all workers are covered by Social Security. Some groups of workers are unable to participate because they work for states with alternative retirement programs. Other workers, however, are covered by neither Social Security nor other pension programs. Legislation has specifically exempted certain occupations (e.g., agricultural workers) from the Social Security program. 2) For those who are eligible for Social Security, there are wide disparities in the benefits received. The amount of benefits depends on the length of time workers have paid into the Social Security program and the amount of wages on which they paid a Social Security tax. In short, low-paid workers receive low benefits at retirement. Thirty percent of the elderly who depend almost exclusively on Social Security benefits are still below the poverty line despite these benefits....
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This note was uploaded on 11/08/2011 for the course SCIE SYG2000 taught by Professor Bernhardt during the Fall '10 term at Broward College.
- Fall '10