Wednesday, December 26, 2012

Things Fall Apart Journal

social Security was a good idea entirely somewhere along the way it was not thought issue to last. The genial Security Act was signed in to natural law by President Franklin D. Roosevelt on August 14, 1935. It included some(prenominal) provisions for general welfare and created a companionable indemnification program designed to pay retired workers age 65 or older a continuing income after retirement. There two major provisions related to the elderly, Title I- Grants to situates for Old-Age Assistance, which supported state welfare programs for the immemorial, and Title II-Federal Old-Age Benefits. It was Title II that was the new social insurance program we now think of as Social Security. In the original Act benefits were to be paid tho to the primary worker when he/she retired at age 65. Benefits were to be based on payroll tax contributions that the worker make during his/her working life. Payment of monthly Social Security benefits began in January 1940, and were authorized not only for aged retired workers but for their aged wives or widows, children under age 18, and surviving aged parents. The root monthly retirement check was issued on January 31, 1940 to a skirt by the name of Ida May Fuller of Ludlow, Vermont, in the inwardness of $22.54. Miss Fuller, a Legal Secretary, retired in November 1939.
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She started collecting benefits in January 1940 at age 65 and lived to be 100 historic period old, dying in 1975. (http://www.ssa.gov/history/briefhistory3.html) Over the years in that location were many changes to the original Social Security Act (SSA). unity of these changes happened in the late 1960s and early 1970s. The SSA became responsible for a new program, Supplemental Security Income (SSI). In the original 1935 Social Security Act, programs were introduced for innocent aged and blind individuals and, in 1950, needy disabled individuals were added. These three programs were known as the adult categories and were administered by State and local governments with partial Federal funding. Over the years, the State programs...
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