Future State Of Social Security As A Government Program Case Study

Future State Of Social Security As A Government Program - Case Study Example The social security is known to be on the verge of bankruptcy and the politicians have acknowledged that it is a big problem that needs restructuring in order to repair the broken system. It was Republican Senator Marco Rubio who said that â€Å"But here's what I would tell people of my generation. I turn 40 this year. There isn't going to be a Social Security. There isn't going to be a Medicare when you retire. Forget about what your benefit is going to look like. There isn't going to be one if we don't make some reforms to save that program now.† It is this understanding that has led many leaders to believe that in order to survive, social security must be turned into an optional program for it members rather than mandatory. This case study shall be written in terms of someone who has had previous experience with the inner working of social security, yet through provide suggested solutions to the problem based upon the feelings, understanding, and needs of the members of the system. It shall thoroughly present the situation of the company and confidently describe the future of social security if changes are not made to the program immediately. My studies in the field of business management and accounting have helped me to understand the financial requirements of the Social Security program. I have taken classes relevant to the case study that I plan to undertake and will be using both my academically gleaned theories and concepts in the creation of my case study.... some reforms to save that program now.† It is this understanding that has led many leaders to believe that in order to survive, social security must be turned into an optional program for it members rather than mandatory. This case study shall be written in terms of someone who has had previous experience with the inner working of social security, yet through provide suggested solutions to the problem based upon the feelings, understanding, and needs of the members of the system. It shall thoroughly present the situation of the company and confidently describe the future of social security if changes are not made to the program immediately. II. Qualifications My studies in the field of business management and accounting has helped me to understand the financial requirements of the Social Security program. I have taken classes relevant to the case study that I plan to undertake and will be using both my academically gleaned theories and concepts in the creation of my case study. I have also worked on a research paper based upon the South Korean version of Social Security in the past. By having experience with Korea's social security programs, I will be able to effectively compare and contrast the two types of social security and analyze what works and what does not for the system. I have an advantage over the other researchers in this aspect because I will be able to mention other types of social security in relation to the American version and point out what parts of those systems might work for the American program once it is restructured to become optional as well. III. Work Plan March 8 Outlining of case study topics and requirements March 9-25 Collate and read all necessary reading material on social security. Continue searching for other possible source