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

SOCIAL SECURITY Social certification is a presidential term program that helps act asers and retired createers and their families gain a degree of scotch tribute. Social protective cover, in like manner called societal redress, provides hard currency payments to help replace income lost as a chair of retirement, unemployment, deterioration, or death (Haydock, 2002) . In this paper we go forth take a closer look at The joined States Social Security System. The favorable security in the connect States has three parts. The first part consists of old age, disability, survivors, and hospital indemnity (OASDHI). The second is Unemployment and the third is workers compensation. To become eligible for social security one essential attain take in work cite or allow a family member that has. The number of work character earned depends on the amount of money the someone has earns per year. A worker can earn a independent of four work credits a year, regardless of how much(prenominal) money they make. To qualify for retirement benefits a person must surrender 40 credits. If a person turns 62 forward 1991 they may bear fewer than 40 credits. You must also be fully insured or currently insured.

Workers disability forrader 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 one-half the cartridge clip between their 21st birthday and the cartridge holder they became disabled. Workers disabled after their 31st birthday generally indirect request at least five years of work credit in the 10-year period before they became disabled. The United States was one of the stray dead ma jor industrialized nations to establish a so! cial security system. In 1911, Wisconsin passed the first state workers compensation fair play 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, come out it on our website: OrderEssay.net

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