tacitus
08-09-2005, 07:27 AM
Mexicans pose Social Security drain
By Stephen Dinan
THE WASHINGTON TIMES
(http://www.washtimes.com/national/20050805-112232-8569r.htm)August 6, 2005
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.
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 administration signed an agreement with Mexico in June 2004, but has not yet submitted it for congressional approval.
...
The CRS report is not the only government study to question such an agreement. Two years ago the then-General Accounting Office released a report suggesting that the large number of Mexicans illegally living and working in the United States makes it almost impossible to predict how a totalization agreement would affect Social Security.
By Stephen Dinan
THE WASHINGTON TIMES
(http://www.washtimes.com/national/20050805-112232-8569r.htm)August 6, 2005
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.
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 administration signed an agreement with Mexico in June 2004, but has not yet submitted it for congressional approval.
...
The CRS report is not the only government study to question such an agreement. Two years ago the then-General Accounting Office released a report suggesting that the large number of Mexicans illegally living and working in the United States makes it almost impossible to predict how a totalization agreement would affect Social Security.