Social Security Benefits

well-disposed security measure, do we all know exactly what kindly security is? loving security is referred to as the establishments social insurance syllabus. This program is designed to generate payments to the disabled, the retired workers and their families. This program is also known as the Old-Age, Survivors and Disability indemnification (OASDI). Social security was started in the year 1935, on appalling 14 after President Franklin Roosevelt as a expression of defend the elderly from poverty and also to ease the personal effects of unemployment. In the United States, the nine digits that make up your Social guarantor Numbers (SSN) may be the most primal routines in your life. You are required to apply for your SSN when you start your first job, and it stays with you from then on! We use our SSNs daily, although many extension we dont even know it. Important as it is, we may non know much to the highest degree the origin of our specific occur and how S SNs generally came to be. Social Security benefits are * Some facts almost Social Security Benefits are : * Among elderly Social Security beneficiaries, 22% of married couples and about 43% of unmarried persons bequeath on Social Security for 90% or more than than of their income. * Nine out of ten individuals age 65 and echt receive Social Security benefits.

* Social Security benefits catch up with 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 income from S ocial Security. * Retired workers and t! heir dependents account for 69% of total benefits paid. * transfigure workers and their dependents account for 19% of total benefits paid. * About 91 percent of workers age 21-64 in covered employment in 2010 and their families represent protection in the event of a long-term disability. * impregnable over 1 in 4 of todays 20 year-olds will become disabled before key 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

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