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He has opted out of the congressional pension programme.
THE reform of the Social Security pension programme is the most significant economic-policy issue facing the United States.
A federal pension programme called "70 and up" has been expanded from small communities to bigger ones.Millions have benefited, but there is a snag.
The government's auto-enrolment pension programme has seen 5.4 million low- to middle-income workers automatically enrolled into workplace pensions over the past three years.
However, there are dangers in privatised compulsory pension programmes such as those in Chile and Australia.Here in Australia our pension programme offers many advantages for the government and fund managers but few for contributors.
Talking about Social Security, America's public pension programme, he says "We're trying to take care of the lesser people in society like we always have in this country," something I've always taken as a core value of the left.
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At the beginning, the social insurance programme targeted urban workers, but it gradually extended to migrant workers and introduced rural medical insurance and pension programmes.
The government has been driven into a corner by political donor and funding scandals, the mismanagement of the US-Japan alliance (centred on the relocation of a marine base in Okinawa) and, most recently, allegations about public pension programmes.
Intriguingly, these countries had remarkably similar pension programmes, providing the majority of older people a reliable payment of roughly US$3 a day.
The recent emergence and expansion of non-contributory pension programmes across low- and middle-income countries responds and contributes to a larger attention towards the population of elderly individuals in developing countries.
Mr Bush has frequently described opponents of a permanent tax cut as supporters of a tax rise.The Democrats will reply that making the tax cut permanent is fiscally irresponsible, now that the huge projected surpluses have disappeared, and that it is a threat to Social Security, the popular public-pension programme.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com