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Social Security Programs - Essay Example

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It’s a security for those who don’t earn money and have needs to be fulfilled. A federal insurance scheme which provides benefits to those who are without income and who need help (Nasi.org, n.d.)…
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Social Security Programs
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"Social Security Programs"

Download file to see previous pages President Roosevelt served the United States army during World War II (Ssa.gov, n.d.). It was before 1930’s that supporting the elder people was a federal concern and not of the family (Ssa.gov, n.d.). It was on January 17, 1935 President Roosevelt sent a message to congress asking for the implementation of social security legislation (Ssa.gov, n.d.). It was because of this man’s effort and move that the bill was passed.
On august 15, 1935 he signed the social security act into making it a part of law (Ssa.gov, n.d.). The act was the solution for all the old age people. It was a solution for a old-age pension. It was supported from the taxes and employer’s payroll rather than from the government funds. The act not only provided benefit to the old people but it also helped the children (Ssa.gov, n.d.). Those people who are blind and provide family health programs. As a result of these all benefits, the act bought some challenges to the administration (Ssa.gov, n.d.). The act also encouraged the citizens to get them registered.
As the policies and the government is changing who just want to get benefit. The government doesn’t want to support its citizens and want to feed themselves (Goss, 2010). A recent survey which has been made to see how much benefit does people get from this act, it was nil. People who were included in the surveys were the retired sector of the economy that was near to face poverty. They answered, this act never provided benefit to us and we are in a very bad situation.
Things are not looking positive for the social security program. The future is negative and has many threats. The trust funds reserve will run out around 2030. The funds that were collected by the taxes and payrolls will end up and eventually do no good to the citizens. The act which was specially made to provide support to the deserving people is doing nothing for its citizens anymore. The reasons may include the demographic changes that are occurring all over the ...Download file to see next pagesRead More
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