Thursday, June 13, 2019

Social Security Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Social Security - Research Paper ExampleMany of them were abandoned by their siblings. Some elderly were name living in sidewalks asking for alms and a number of them died due to health problem. In 1932, the citizens were somehow relieved from the effects of the phenomenon when Franklin D. Roosevelt was elected as president and introduced the refreshing Deal programs (Rosenberg, n.d.). Few of the programs were aimed to help the farmers and lessen the unemployment rate across the country (Rosenberg, n.d.). Aiming to provide sustainable support and effective tender security to the American nation, chairwoman Roosevelt signed into truth the Social Security Act in 1935 (Social Security Administration SSA, 2000). The legislation contained many provisions promoting the general welfare. Nonetheless, its most distinguishing feature was the social insurance program for retired employees aging at least sixty five years. The retirees were paid a continuing income right after they retire. Th e monthly benefits were planned to trigger off in 1942 (SSA, 2000). In such case, the Social Security paid the retirees their benefits in lump-sum from 1937 to 1942. A retired motorman was the first retiree who received a lump-sum payment under the law (SSA, 2000).As a social legislation, the Social Security Act was designed to be adoptive to change. In the year 1939, it underwent a substantial amendment (SSA, 2000). The modification include two more benefits aside from the retirement benefits. The legislators added the dependents and survivors benefits. The former was made to benefit the spouse and minor children of the retired while the latter was for the family of the worker in case of previous(p) death (SSA, 2000). In a sense, the amendment not only benefited the worker but also his or her family. As the economic situation of America began to regain strength, the measuring rod of benefits to be received by the recipients was also increased. Moreover, the payment of monthly

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