Social Security System Challenges
300 words discussion
300 words no plagiarize, spell check, and check your grammar. Please use the references below. Be mindful of grammar.
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Social Security System Challenges
According to some, the Social Security system is currently plagued by a variety of challenges. Provide a brief description of one of these major challenges and suggest some potential solutions based on your reading and your own research. (Some of these challenges are discussed in your text, but you are not limited to only these examples.)
- Discuss the implications these challenges have on your ability to develop budgets for an organization.
Evaluate the role fundraising plays in filling gaps in services.
References
Herzberg, J. T. (2015). Foundations in human services practice: A generalist perspective on individual, agency, and community. Upper Saddle River, New Jersey: Pearson.
Chapter 4: Nonprofit Structure and Function
Chapter 6: Fundraising in Human Services
Karger, H. J. & Stoesz , D. (2018). American social welfare policy: A pluralist approach (8th ed). Upper Saddle River, New Jersey: Pearson.
Chapter 10: Social Insurance Programs
Chapter 11: Public Assistance Programs
Answer preview
Social security faces several challenges, most of which have possible practical solutions. One of the problems is the falling worker-to beneficiary ratio. According to Brinch, Hernæs & Jia (2017), by the year 2030, the number of retiring baby boomers is approximated at 70 million. Currently, there are not enough people to replace those who will retire in the next decade. Another challenge is the upsurge in retirees which will likely cause a strain social security funds available soon (Karger and Stoesz, 2018). Congress has also experienced a stalemate as no actions have been taken to…
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