In 1945 there were 42 workers paying SS taxes for every retiree collecting benefits. For equal pay / retirement income after SS taxes, each worker only needs to provide 2.3%.
Today (actually since 2009) that ratio is three workers per retiree. Each worker has to provide 33%. By 2050 the ratio is projected to fall to two-to-one.
Today (actually since 2009) that ratio is three workers per retiree. Each worker has to provide 33%. By 2050 the ratio is projected to fall to two-to-one.
You can find the historical ratios here: https://www.ssa.gov/history/ratios.html