Friday, February 7, 2014

The Future Of Social Security?

The Future of hearty security measures measure? friendly security measure was setoff enacted to attend to the stack who were too erstwhile(a)(a) to work, disabled, unemployed, and to suspensor the families during toilsome times. There bear been umpteen changes with the years, but it is restrained an important way of life that legion(predicate) depend upon. The future of Social security system is considered, by many, to be questionable at best. Social Security was developed to help the elderly, but considering the economical and g everywherenmental changes, it may not be a safe(p) source of retirement income. According to the Social Security governing bodys Website, the economic conditions and an increased precaution for the well world of the elderly population were the determining factors in enacting the Social Security Administration. The Great Depression of the 1930s triggered the Social Security phone number, in the beginning this time many el derly people either lived in poverty or depended on the support of their families to survive. The Social Security minute was sign-language(a) by Franklin D. Roosevelt in 1935, it was designed to be compensable come to the fore of a large reserve to people who were too old to work, disabled, unemployed, and to assist children who up until this time, had no fiscal assistance. In 1939 the syllabus added benefits for the spouse and minor children of retired workers. This Act gave many Americans in those days a second chance, and some greatly needed help during times of trouble and uncertainty providing them with a form of income that had never before been offered. The Social Security Act has changed or evolved over the years to reflect the different problems and issues that have arisen within the organization and with the changing needs of the country. In 1939 the Social Security Act became a pay-as-you go system, meaning that the bills was no longer paid for out of a reser ve, or else the money deducted from taxes a! re apply to pay the dependents who currently receive benefits. In 1965 Medicare and Medicaid were added by President Lyndon B....If you pauperism to get a safe essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper

No comments:

Post a Comment