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Monday, January 27, 2014

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

SOCIAL SECURITY Social certification is a presidency program that helps act asers and retired figureers and their families gain a degree of economical tribute. Social certificate, in like manner called societal redress, provides bills payments to help replace income lost as a outgrowth of retirement, unemployment, deterioration, or death (Haydock, 2002) . In this paper we go out take a closer look at The join States Social Security System. The kindly security in the colligate 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 earn work citation or engender a family member that has. The number of work credit earned depends on the amount of gold the person has earns per year. A worker can earn a peremptory of four work credits a year, regardless of how much(prenomin al) money they make. To qualify for retirement benefits a person must sustain 40 credits. If a person turns 62 forward 1991 they may become fewer than 40 credits. You must also be fully insured or currently insured. Workers disability in front 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 eon they became disabled. Workers disabled after their 31st birthday generally inclination at least five years of work credit in the 10-year period before they became disabled. The United States was one of the go under dead major industrialized nations to establish a social security system. In 1911, Wisconsin passed the first state workers compensation natural law 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, decree it on our website:! OrderCustomPaper.com

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