While Social Security in the United States is projected to be in deficit by 2010, Canada’s is projected to be solvent until 2075. The difference? Canada fixed its system in 1997 with a combination of higher premiums and lower benefits.
U.S. Social Security deficit starting in 2010, Canada’s solvent until 2075
March 16, 2010 by FauxCapitalist
Posted in Uncategorized | Tagged 2010, 2075, Canada, Canadian Pension Plan, CPP, deficit, Social Security, solvent, United States | 1 Comment
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