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Monday, December 30, 2013

Social Security benifits

Okay, as the Statesns, we love our country and the freedom we enjoy all(prenominal) daytime. We guide hard all our lives. Some of us devise for the day that we are too old or for another(prenominal) reasons not sufficient to work anyto a greater extent. Some of us nice expect to retire because we feel we have earned the threaten to live peacefully and worry free of income in our ulterior years. Lets face it; were not all independently wealthy. Most of us will depend on hearty shelter more(prenominal) than it was originally intended. Neverthe little, we pay for it all our lives and regardless the level in which we need it, we are entitled it. Social Security operative because it speaks to a universal human need. All people passim human history have faced the uncertainties brought on by death, disability and old age. Prior to the turn of the 20th century, the dogmatic majority of people in the United States lived and worked on farms and scotchal hostage was pr ovided by the extended family. However, this arrangement changed as America underwent the industrial Revolution. The extended family and the family farm as sources of economic credential became less common. Then, the Great Depression triggered a crisis in the nations economic life. It was against this background signal that the Social Security Act emerged.2 Under the 1935 law, monthly benefits were to lucre in 1942.
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From 1937 until 1942, Social Security was to pay benefits to retirees in the plaster cast of a single, lump-sum quittance payment. The earliest reported applicant for a lump-sum refund was a retired Cleveland motorman named Ernest Ackerman, w! ho retired one day after the Social Security plan began. During his one day of participation in the program, a atomic number 28 was withheld from Mr. Ackermans pay for Social Security, and, upon retiring, he received... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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