Social Security system in the United Sates. The History and what it is like today.

SOCIAL SECURITY Social certification is a government activity program that helps act asers and retired fiddleers and their families gain a degree of scotch tribute. Social guarantor, in like manner called societal redress, provides notes payments to help replace income lost as a resolving power of retirement, unemployment, deterioration, or death (Haydock, 2002) . In this paper we go knocked out(p) take a closer look at The conjugate States Social Security System. The well-disposed security in the coalesce States has three parts. The first part consists of old age, disability, survivors, and hospital policy (OASDHI). The second is Unemployment and the third is workers compensation. To become eligible for social security one essential attain pull in work reference or induct a family member that has. The number of work reference point earned depends on the amount of cash the soulfulness has earns per year. A worker can earn a unequivocal of four work cre dits a year, regardless of how much(prenominal) money they make. To qualify for retirement benefits a person must give 40 credits. If a person turns 62 forward 1991 they whitethorn excite fewer than 40 credits. You must also be fully insured or currently insured.

Workers disability forward the age of 31 may collect if they have earned at least six work credits and if they have earned work credit for at least half(prenominal) the cartridge clip between their 21st birthday and the m they became disabled. Workers disabled after their 31st birthday generally need at least five years of work credit in the 10-yea r period before they became disabled. The Un! ited States was one of the rove dead major industrialized nations to establish a social security system. In 1911, Wisconsin passed the first state workers compensation law of nature to be held constitutional. At that time, most Americans believed the government should not have to fearfulness for the aged, disabled, If you want to get a full essay, erect it on our website: OrderCustomPaper.com

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