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Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future.
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The problem with the Bush plan, in Mr. Gore's view, is that insufficient money would be available for current benefit levels.
The government say people are protected but it's only for current benefit claimants.
My concerns lie with whether or not our governmental agencies actually recognize these facts and the monumental importance of sustainably utilizing our resources for current benefit yet still conserving them for the enrichment of future generations.
There were, it seemed, no enthusiasts for the current benefits sanctions regime giving evidence at Wednesday's Work and Pensions select committee inquiry session.
Reed said Senate Democrats are focused for now on reauthorizing current benefits and not giving additional weeks to people who have already exhausted their federal benefits.
Recognising the frailty of political support for the current benefit system, and the even greater frailty in the prospects of vulnerable Britons if the safety net were dismantled, Labour's John McDonnell has admitted to finding attraction in a citizen's income.
The idea of discounting future harms such as incontinence or impotency for the current benefit of peace of mind from a low PSA value can explain a decision for an immediate PSA test.
... Americans don't mind paying for Social Security; 86 percent said current benefits aren't sufficient and 72percentt said we should consider increasing benefits.
The first pillar is a bit wobbly these days, with population growth slowing in many countries, leaving fewer workers to pay for current retirees' benefits.
In 1950, there were sixteen workers paying into the system -- which remains in large measure a pay-as-you-go system where current payroll taxes pay for current retiree benefits -- compared to 2.8 workers by 2010.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com