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It uses a heavily skewed benefit formula that pays lower income workers a higher percentage of their earnings before retirement (around 60%) and higher income workers only get about 30% of their earnings. (Porter) So it basically distributes wealth from the rich to the poor and can be considered a tool of social policy and not just a retirement plan. Porter also states that social security aims to protect women who stay at home to raise their kids by offering them their husbands' benefits from working and survivor benefits in case of their husband's death. Also, the program's disability insurance favors workers in the tougher low income jobs...
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