Friday, August 9, 2013

Social Security

Is complaisant security measures constitution broken? What exactly is commodious protection? sociable security system was a program that was created by the federal government that was backward up by nearly all(prenominal) studying person in America. The kindly pledge mold was subscribe in 1935 by chairwoman Franklin D. Roosevelt, which was to provide retirement, survivors, and handicap receiptss to workers and their families, and to stand some of the health complaint costs borne by the fourth-year and the long term disabled. beam of light to Epstein (2010), President Roosevelt wanted to be sure that this commonwealth would never again organisation a crisis so disastrous to so many lives (p. 4). Social Security is made up of the pursuance programs, retirement, disability, dependents, and survivor benefits. These programs work unneurotic to provide a secondary income to workers and their families when the normal income shrinks payable to events much(prenominal) as retirement, disability, or decease of the family member that enchant the income. To oversee the contributions that were being collected, Social Security numbers were generated. The U.S. postal benefit was given the job of handing issue applications back in 1936.
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fit to Epstein (2010), The SSB care aboundingy crafted the Social Security numbering system, separate the archetypal three digits as an bailiwick number that was depute geographically, commencement in the northeast and travel westward across the country (p. 14). accordingly came the creation of the federal Insurance Contributions consummation (FICA). federal Insurance Contributions Act was some other tax created where two employees and employers were taxed. The measuring rod of this tax changed every calendar year. The employees subdivision was deducted from the paycheck. Then the employer matched this deduction at coulomb percent. The first save defrayal of Social Security was back in 1942. According to the Social Security website, The earliest report applicant for a lump-sum benefit was a retired Cleveland motorman...If you want to get a full essay, prepare it on our website: Ordercustompaper.com

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