On the US Presidential Election and Potential Social Security Reform
Title
On the US Presidential Election and Potential Social Security Reform
Alternative Author(s)
Kim, Tae Kuen
Keyword
Pension Reform
; US Election
; Social Security
Publication Year
2024-12-31
Publisher
Korea Institute for Health and Social Affairs
Citation
Global Social Security Review 2024 No.겨울 31, pp.61-71
Abstract
Amid unprecedented political turbulence, the Harris and Trump camps continue to put forth their policy promises through various channels. A key agenda issue that both camps have elaborated on is Social Security reform. To fully understand a country’s pension reform, it’s essential not to lose sight of the pension system’s role within the national socioeconomic context. This article, therefore, explores the current state and significance of US Social Security, as well as the implications and issues it presents in the US socioeconomic context. It also reviews each candidate’s social security reform proposals and assesses their potential effects and likely public perception in the US political landscape.
