Social Security Benefits

well-disposed security measure, do we all know simply what kindly security is? affable security is referred to as the governing bodys social insurance syllabus. This program is designed to propose payments to the disabled, the retired workers and their families. This program is also known as the Old-Age, Survivors and Disability damages (OASDI). Social security was started in the year 1935, on disdainful 14 after President Franklin Roosevelt as a agency of defend the elderly from poverty and also to ease the set up of unemployment. In the United States, the nine digits that make up your Social protection Numbers (SSN) may be the most all important(predicate) routines in your life. You are required to apply for your SSN when you start your initiatory job, and it stays with you from then on! We use our SSNs daily, although many multiplication we dont even know it. Important as it is, we may non know much to the highest degree the origin of our specific payoff and how SSNs generally came to be. Social Security benefits are * Some facts closely Social Security Benefits are : * Among elderly Social Security beneficiaries, 22% of married couples and about 43% of unmarried persons relegate on Social Security for 90% or much than of their income. * Nine out of ten individuals age 65 and old(prenominal) receive Social Security benefits.

* Social Security benefits oblige about 41% of the income of the elderly. * Among elderly Social Security beneficiaries, 54% of married couples and 73% of unmarried persons receive 50% or more of their inco me from Social Security. * Retired work! ers and their dependents account for 69% of total benefits paid. * alter workers and their dependents account for 19% of total benefits paid. * About 91 part of workers age 21-64 in covered employment in 2010 and their families stack away protection in the event of a long-term disability. * estimable over 1 in 4 of todays 20 year-olds will become disabled before construct age 67. * 67% of the private sector workforce has no long-term...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper