Mexicans Pose Social Security Drain ; Report Sees 'Totalization' Pact As a Long-Term Threat to the System
The Washington Times › August 07, 2005
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Summary
Allowing Mexicans who pay into U.S. Social Security to collect benefits would place a long-term drain on the system since Mexican workers are less-educated and tend to have more dependents, according to a new congressional report.
The report, released last week by the Congressional Research Service (CRS), looks at the effects of a "totalization" agreement with Mexico. Right now Mexican workers who are in the United States temporarily must pay into both the U.S. and Mexican systems but cannot get U.S. benefits.See the full content of this document
Extract
Mexicans Pose Social Security Drain ; Report Sees 'Totalization' Pact As a Long-Term Threat to the System
Totalization would allow them to pay into just one system, and collect benefits based on the time they paid into the U.S. system. The Bush ad...
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