The agreement also cuts workers' Social Security taxes by two percentage points. Social Security is retirementinsurance paid by almost all American workers and employers.
协议也同意将工人的社保税下调两个百分点。社保是大部分美国工人和雇员缴纳的退休保险。
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Among the most popular ways they are doing this, the company said, is by reducing their overall expenses, securing life insurance or maximizing their contributions to retirement accounts.
该公司称，最受欢迎的方式是减少总开支、购买人寿保险或尽可能多缴退休金。
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The third option would see everyone with sufficient means pay into a mandatory state insurance scheme; payments could be made while working, in retirement or on death.