August 14, 2015

Social Security’s Birthday. (A Nice Gift Idea Would Be Enrolling All Teachers)

By Bellwether

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Social Security is turning 80. The landmark social insurance program quietly works, is a great anti-poverty program, and its fiscal challenges are more manageable and less complicated than other entitlement programs (though certainly politically challenging for instance raising the contribution limits for higher income workers, which makes sense policywise but is a tough sell). Yet despite all this 40 percent of teachers aren’t covered (pdf), which creates a host of problems and some economic insecurity for them. And the teachers unions profess to love Social Security but resist efforts to extend it to all teachers and support changes that would interfere with the progressivity of the program. Leslie Kan has more at TeacherPensions.org.

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