Discuss the proposal to privatize Social Security. One aspect of that plan is to allow individuals to invest most, if not all, of their own money into investments, rather than into the Social Security System.
Given recent economic events, discuss whether this plan will be effective.
How would this plan affect you?
Do some additional research on this topic (how Social Security can be changed or if it should remain as is) and include it in your discussion.© BrainMass Inc. brainmass.com October 25, 2018, 4:35 am ad1c9bdddf
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The suggestion to privatize social security is a heated political debate. The current system is said to be a disadvantage to the national economy in that it does not contribute to national economic growth, national savings and national investments.
With that said the current system has accumulated enough revenue to pay out benefits on through the year 2037.
However a new social security system is being suggested; ...
The solution provides insight and discussion on the topic of the proposed privatization of of social security in the context of recent economic events as well as the possible effects this will have at individual level.
Social Security Administration
Provide 5-6 pages!
Agency: Social Security Administration
1.Evaluate the practicality of union presence in your selected agency and recommend at least two (2) reasons why the agency should or should not have union representation. (Title this section The Agency and Unions)
2.Evaluate the opportunity of privatization in your selected agency and recommend at least two (2) reasons why the agency should or should not privatize its services. (Title this section The Agency and Privatization)
3.Analyze at least two (2) of the agency's policies, procedures, and / or plans regarding pensions. (Title this section Employee Pension Plans)
4.Assess the agency's approach to productivity and performance evaluation. (Title this section Productivity and Performance Evaluation)
5.Recommend at least three (3) actions the agency could take to improve in the areas of productivity and performance evaluation. (Title this section Recommendations for Improving Productivity and Performance Evaluation)
Include at least four (4) peer-reviewed references (no more than five  years old) from material outside the textbook. Note: Appropriate peer-reviewed references include scholarly articles and governmental Websites. (Include no more than one (1) non-government Website).