Social Security Essay examples -- essays research papers

SOCIAL SECURITY      The purpose of kind credentials is to bequeath for the material needs of individuals and families, to protect aged and disabled persons against the expenses of illnesses that may other use up their savings to keep families together and to give children the misfortune to grow up healthy and secure.     As I write this enclosure paper, I will discuss the following topics, related to kind certificate 1.     A truncated history of Social tribute.2.     Types of Social Security benefits.3.     How Social Security is financed.4.     How you earn Social Security work credits.1.     A brief history of Social Security06/08/34     Federal legislation to stir Economic Security was recommended in President Franklin D. Roosevelts message to Congress.06/29/34     President Roosevelt create d the committee on Economic Security to memorize the problems related to economic security and make recommendations for a program of legislation.01/17/35     The Committee on Economic Securities recommendations were introduced in the 74th Congress. 04/19/35     The Social Security Act was passed in the House of Representatives by a vote of 372 to 33.06/19/35     The Social Security Act was passed in the Senate by a vote of 77 to 6.08/14/35     The Social Security Act became law with President Roosevelts signature.08/23/35     The 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. 10/14/36     The first Social Security field office was opened in Austin, Texas. 11/09/36     The Balti much mooring for Record Keeping Operations opened in the Candler Building.11/24/36     Applications for Social Security account numbers were distributed by the office office. 01/01/37     Workers began to acquire credits towards old-age insurance benefits. 01/37     First operation for benefits f... ...efits, How Social Security is Financed, and How you earn Social Security Work Credits. The quantify is ticking for the Social Security System with a gigantic youngster boom generation approaching retirement age, Social Security faces a funding crisis. By about 2012 more money will be going out to Social Security recipients than will be access in from workers payroll taxes. The systems consecrate fund contribute 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 have had a simple, consistent position on Social Security, do nothing. However, a flavorous bipartisan debate is raging in Capital Hill and crossways the nation, over a handful of possible changes, all of which were considered unthinkable a few years ago 1) Cutting benefits across the board (or hardly for the wealthy). 2) pinnacle 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 workers contribute to personal security accounts that the government would pluck (or that workers would manage themselves).