May 28, 2007

Enormous Expansion Of Social Security

In what may be the largest expansion of any country's Social Security system in history, the UPI reports that the Indian government plans to expand its Social Security system to cover 390 million non-union workers who had not previously been covered. Those making more than $160 per year will have to contribute 1 cent per day. The Indian goverment will make the contribution for those making less than $160 per year.

No comments: