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Social Security: The House that Roosevelt Built
Social Science Research Network Link to more items from this source
Aug. 10, 2011
This brief sets the record straight on Social Security on the following points [and others]: Social Security is neither a 'Ponzi scheme' nor an income transfer program from the young to the old. Social Security is a pension plan in the form of a defined benefit plan. Like most other defined benefit plans, contributors earn a right to a benefit paid at retirement based on their earnings.

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