Centre for Policy on Ageing
 

 

Changing social security in the US
 — rising insecurity?
Author(s)Madonna Harrington Meyer
Journal titleSocial Policy and Society, vol 12, no 1, January 2013
PublisherCambridge University Press, January 2013
Pagespp 135-146
Sourcejournals.cambridge.org/sps
KeywordsPoverty ; Poor elderly ; Social security [generally] ; Social security benefits ; Retirement pensions ; Assets [elderly] ; Savings ; Social inclusion ; United States of America.
AnnotationAlthough poverty rates among older people in the US are at an all-time low, many face rising fiscal insecurity. The US welfare state is being remodelled in market-friendly ways that maximise individual choice, risk and responsibility, rather than family friendly ways that maximise shared risk and responsibility and reduce insecurity. This article analyses how each of the main sources of income for older people are being either frozen or shrunk in ways that are likely to increase inequality and insecurity in the years ahead, particularly among those who are female, black and/or Hispanic, and unmarried. The article assesses various policy changes for their capacity to either increase or decrease financial insecurity and inequality, particularly for those with a lifetime of lower earnings, more labour force disruptions and greater responsibility for providing unpaid care work for the young, disabled or frail. (JL).
Accession NumberCPA-130322229 A
ClassmarkW6: F:W6: TYA: JH: JJA: JD: JDD: RNA: 7T

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