View Single Post
  #4   Report Post  
Old September 8th 05, 05:33 AM
AussieSeek.com Political Messageboards
 
Posts: n/a
Default

G'day,


Social Security in the US means something different from here. Their
Social
Security is financed by individual and
employer contributions. In Australia it all comes from general revenue.

Also some schemes we have the Commonwealth government do are done by
the
State governments in America.


Our system has actually taken some ideas from them. Our current "work
for
the dole" system is a version of their workfare.
On the other hand we have had the superannuation gurantee for years ,
they
are still debating Social Security privitisation.


Incidently their unemployment level is about the same as ours.


ta


Ralph