首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
President Bush has proposed adding optional personal accounts as one of the central elements of a major Social Security reform p
President Bush has proposed adding optional personal accounts as one of the central elements of a major Social Security reform p
admin
2014-06-02
37
问题
President Bush has proposed adding optional personal accounts as one of the central elements of a major Social Security reform proposal. Although many details remain to be worked out, the proposal would allow individuals who choose to do so to divert part of the money they currently pay in Social Security taxes into individual investment accounts. Individuals would have a choice of fund managers, and the return that they earn from those accounts would then partially determine the Social Security benefit they receive when they retire.
Individual accounts pose a number of important and complex design and implementation issues, including how to lower the cost of administering accounts so that they do not erode the value of pensions that individuals receive when they retire, how many and what kinds of fund choices should be offered, and how to engage workers in choosing funds.
In the late 1990s, Sweden added a mandatory individual accounts tier to its public pension system. This policy brief examines the Swedish experience and lessons it suggests for the United States about the design and implementation challenges of individual accounts.
Sweden has one of the oldest and most comprehensive public pension systems in the world. But by the 1980s, several problems with the system were becoming evident, including current funding deficits and a very large projected funding shortfall as Sweden’s population, which is among the oldest in the world, continued to age.
Between 1991 and 1998, Sweden adopted a new pension system built on three fundamental elements. A new "income pension" is intended to tie pension benefits more closely to contributions made over the entire course of an individual’s working life, while lowering the overall cost of the system; it is financed entirely by a 16 percent payroll tax. A "guarantee pension" provides minimum income support for workers with low lifetime earnings, It is financed entirely by general government revenues and is income-tested against other public pension income.
The third element is a "premium pension" financed by a 2.5 percent payroll tax. These funds are placed in an individual investment account. Individuals have a wide variety of fund choices. To lower administrative costs, and the administrative burden on employers, collection of premium pension contributions and fund choices are centrally administered by a new government agency, the Premium Pension Authority. Deposits into pension funds are made only once a year, after complete wage records for a calendar year are available from the state tax authorities. Employees choose up to five funds from a list of funds approved by the PPA. Swedes can change their fund allocations as often as they want without charge, but the system is not designed to facilitate "day trading"—switching funds often takes several days.
The new pension system’s planners recognized that many workers might not make an active pension fund choice. They created a Seventh Swedish National Pension Fund to offer a default fund, called the Premium Savings Fund, for those who do not choose a fund or simply prefer to have the government invest for them.
What can you learn about Bush’s proposal of adding optional personal accounts?
选项
A、People can transfer some money from their investment accounts to the Social Security taxes.
B、The return people earn from their accounts can decide their social benefit decisively.
C、People can spent more on investment and meanwhile receive more benefit in the future.
D、These accounts will determine how much people can receive in their lives.
答案
C
解析
从第一段可得知,根据布什的提案,人们可以从他们当前支付的社会安全税中,将一部分钱转移到个人投资账户中,答案A将对象弄反了:第一段最后一句讲到,这些帐户能部分地(partially)决定人们退休后拿的社会安全福利。故答案B所用的词“决定性地”(decisively)同原文相悖;答案D错在时间限定之上.这些账户将会决定人们退休后的福利多少,而不是他们一生的福利多少答案C概括性地描述了这一提议的好处,即将社会福利税收和个人投资有机结合了起来,投资得多,退休后领取的福利金就越多。
转载请注明原文地址:https://kaotiyun.com/show/hrpO777K
0
专业英语八级
相关试题推荐
HigherEducationinChinaNowadays,thereformanddevelopmentofhighereducationhavemadesignificantachievements.Highe
WinstonChurchillChurchillcamefromamilitaryfamilyandenteredthearmyasacavalryofficer.Between1895and1898he
Manyarticlesandbookshavebeenwritteninrecentyearsaboutcultureinorganizations,usuallyreferredtoas"CorporateCult
A、Hehasrushedouttogetthecrib.B、Heisgoingtohaveababysoon.C、Heisnotgoodatfamilybudget.D、Hedoesn’tplanpro
OnwhichofthefollowingstreetsisthefinancialcentreoftheUSlocated?
______isasystemofarbitraryvocalsymbolsusedforhumancommunication.
ReadingontheInternetI.AdolescentInternetreaders1)Alicia—Sheisgoodat(1)_____informationonline.—Shebelievesthat
WashingtonD.C.isthecapitalofthenationsituatedonthePotomacRiver.Itwasnamedinhonorofthefirstpresidentofthe
在十二世纪及随后的几个世纪中,练金术在欧洲得到广泛的研究,并引起许多有学问的人的注意.虽然他们制造金子的种种尝试注定了是要失败的,但是他们的工作却使许多新的化学知识和实验方法得以发展。然而后来欧洲的许多炼金术士却是十足的骗子,他们施展各种诡计诈骗那些信以
ResearcherswhopickedupandanalyzedwildchimpdroppingssaidonThursdaytheyhadshownhowtheAIDSvirusoriginatedinwil
随机试题
简述第一次世界大战对中国的影响。(2007年统考真题)
患者,男性,60岁,无痛性血尿1周,膀胱镜检查发现距左输尿管口外侧0.5cm处有一2cm×3cm的菜花样肿瘤,呈暗红色,蒂部看不清,肿瘤周围黏膜有水肿。活检为:移行上皮细胞癌Ⅱ级。宜选用哪种治疗方法
A.JPB.USPC.BPD.Ch.PE.Ph.Eur以下外国药典的缩写是美国药典
A、上市后药品的再审查B、上市后药品的再评价C、非预期药物作用D、药物警戒E、药物临床评价根据医药学最新学术水平对老药进行的再评价为()。
资产风险管理模式强调商业银行最经常性的风险来自()。
教育评价的功能包括()。
在服务改进项目的检查中,当服务改进项目实施完成后,()核对服务改进活动的目标达成情况,会同相关人员对实施效果进行验证,并记录验证或验收评价结果。
仕事がたくさんあった。()忙しかった。
SusanBaronessGreenfieldisaBritishinstitution.Inacountrythatperceivesitsscientistsaswhite-coatedeccentrics,andp
TrafficisaperennialprobleminHongkong.Overtheyearsmanysuggestionshavebeen【1】toeasetransportdifficulties.Thesein
最新回复
(
0
)