Social Security Increase 2024 Projections In India

Social Security Increase 2024 Projections In India. The central government recently announced that community health support workers are to be granted basic healthcare cover, but commentators say the entire social security system for people in all. The cola will offset price changes.

Cbo projects that if social security paid benefits as scheduled, spending on the program would increase from 5.1 percent of gross domestic product (gdp) in 2024 to 6.7 percent. Cbo projects that social security spending will increase from 5.2 percent of gdp in 2023 to 7.0 percent in 2097, while revenues will remain around 4.6 percent of gdp.