Compare and contrast the U.S' Social Security system with that of Canada (or another country of your choice). Your paper should contain the following sections, with one or two paragraphs in each section.
Introduction to the U.S. Social Security system (based on textbook readings)
Introduction of the Canadian (or other) system (based on Internet or book research)
Comparison of the systems (objective similarities between the systems)
Contrast of the systems (objective differences between the systems)
Evaluation of the current U.S. system against the other system (subjective analysis).
Introduction to the U.S. Social Security system
The United States social security system comprises a number of social insurance and welfare programs. The Social Security Act was passed in 1935 and has been amended and updated over the years. The social security system is financed by dedicated payroll taxes, specifically created to fund the program. Roughly 20% of the U.S population receives some kind of Social Security based benefit.
In 2013, almost 58 million Americans will receive $821 billion in Social Security benefits (ssa.gov)
The social security system has under its umbrella, several programs that assist those covered in various capacities, including but not limited to benefits for disability, retirement and healthcare the programs include:
-Temporary Assistance for Needy Families
-State Children Health Insurance Program ( SCHIP)
-Supplemental Security Income (SSI)
-Patient Protection and Affordable Care Act
-Federal Old-Age, Survivors, and Disability Insurance ...
The solution compares the U.S. vs. Canada's social security system.