Social Security Essay examples -- essays research papers

SOCIAL SECURITY The purpose of complaisant trade protection is to provide for the material needs of individuals and families, to protect aged and disabled persons against the expenses of illnesses that may otherwise use up their savings to keep families together and to submit children the chance to grow up healthy and secure.As I save up this term paper, I provideing discuss the following topics, related to sociable security measure 1.A brief history of cordial credential.2.Types of Social guarantor benefits.3.How Social Security is financed.4.How you earn Social Security work credits.1.A brief history of Social Security06/08/34Federal enactment to promote Economic Security was recommended in President Franklin D. Roosevelts meaning to Congress.06/29/34President Roosevelt created the committee on Economic Security to study the problems related to economic security and make recommendations for a course of study of legislation.01/17/35The Committee on Economic Securities recommendations were introduced in the 74th Congress. 04/19/35The Social Security actuate was passed in the House of Representatives by a vote of 372 to 33.06/19/35The Social Security Act was passed in the Senate by a vote of 77 to 6.08/14/35The Social Security Act became law with President Roosevelts signature.08/23/35The Senate confirmed the presidents nomination of the original members of the Social Security Board, John G. Winant, Chairman, Arthur J. Altmeyer, and Vincent M. Miles. 10/14/36The first Social Security field office was opened in Austin, Texas. 11/09/36The Baltimore Office for Record Keeping Operations opened in the Candler Building.11/24/36Applications for Social Security account numbers were distributed by the post office. 01/01/37 sourers began to acquire credits towards old-age insurance benefits. 01/37 initiative application for benefits f... ...efits, How Social Security is Financed, and How you earn Social Security Work Credits. The clock is ticking for the Social Security System with a abundant baby boom generation approaching retirement age, Social Security faces a shoping crisis. By somewhat 2012 more money will be going out to Social Security recipients than will be coming in from workers payroll taxes. The systems trust blood line can cover the difference for a while, but by about 2032 the trust fund will be empty and the program will no longer be able to meet all of its obligations. Historically, politicians contract had a simple, consistent position on Social Security, do nothing. However, a spirited bipartisan debate is raging in Capital agglomerate and across the nation, over a handful of possible changes, all of which were considered unthinkable a few years ago 1) Cutting benefits across the advance (or retributive for the wealthy). 2) Raising the payroll tax across the board (or just for the wealthy). 3) Raising the age at which retirees become eligible. 4) Investing the trust fund more aggressively. 5) Letting worke rs contribute to personal security accounts that the government would make (or that workers would manage themselves).