Saturday, November 30, 2013

Social Security benifits

Okay, as the Statesns, we love our country and the freedom we enjoy all(prenominal) daytime. We lean hard all our lives. Some of us devise for the day that we are too old or for another(prenominal) reasons not adequate to work anyto a greater extent. Some of us safe expect to retire because we feel we have earned the adventure to live peacefully and worry free of income in our posterior years. Lets face it; were not all independently wealthy. Most of us will depend on hearty credential more than than it was originally intended. Neverthe little, we pay for it all our lives and regardless the level in which we need it, we are entitled it. Social Security functional because it speaks to a universal human need. All people throughout human history have faced the uncertainties brought on by death, disability and old age. Prior to the turn of the 20th century, the direct majority of people in the United States lived and worked on farms and economic hostage was prov ided by the extended family. However, this arrangement changed as America underwent the industrial Revolution. The extended family and the family farm as sources of economic certificate became less common. Then, the Great Depression triggered a crisis in the nations economic life. It was against this background signal that the Social Security Act emerged.2 Under the 1935 law, monthly benefits were to lucre in 1942.
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From 1937 until 1942, Social Security was to pay benefits to retirees in the plaster cast of a single, lump-sum generate payment. The earliest reported applicant for a lump-sum refund was a retired Cl eveland motorman named Ernest Ackerman, who ! retired one day after the Social Security weapons platform began. During his one day of participation in the program, a atomic number 28 was withheld from Mr. Ackermans pay for Social Security, and, upon retiring, he received... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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