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10 June, 02:31

Explain the reasons for social insurance programs in the united states.

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  1. 10 June, 05:34
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    Most programs are compulsory (required by law)

    • Programs are designed to provide a floor of income

    • Program pay benefits based on social adequacy (low income, retirees, large families)

    • Benefits are loosely related to the worker's earnings

    • Are designed to be financially self-supporting
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